Australia Breaking News

Great Divide Mining (ASX:GDM) reported operational progress at its Challenger mine for the quarter ended Sept. 30.

The Lottery Corporation (ASX:TLC) announced that CFO Adam Newman will step down from his position on July 1, 2027.

Auric Mining (ASX:AWJ) has acquired a processing infrastructure package in New South Wales for $1.2 million.

Regis Resources (ASX:RRL) achieved preliminary gold production of 83,000 ounces for the first quarter of FY27 ended Sept. 30.

Australian real estate businesses submitted over 480 suspicious matter reports within three months of new anti-money laundering laws coming into effect.

SSH Group (ASX:SSH) appointed Dipal Raithatha as CFO after he performed the executive duties for 12 months.

humm Group (ASX:HUM) has reportedly hired law firm Gilbert + Tobin to review its governance practices and investigate internal employee complaints.

Residents in West Texas describe noise, odors and health concerns from a gas flare operating near their homes as oil producers face scrutiny over pollution and their commitments to curb emissions. Oil giants including ExxonMobil, Occidental Petroleum and others have pledged to reduce or eliminate the flaring practice, but a new investigation by Bloomberg News and The Examination found persistent flames at sites tied to companies participating in the World Bank's Zero Routine Flaring initiative. For more, we speak with Ben Elgin, Bloomberg News ESG Reporter & Will Evans, Senior Reporter for The Examination.

Major Australian companies have introduced a supplier trade fee ranging from 1.8% to 2.2% on American Express (NYSE:AXP) transactions following new rules.

As U.S. mortgage rates rise above 7% for the first time in a couple of years, Elizabeth Bell, Co-Head of Real Estate at Hamilton Lane, discusses whether the broader real estate market has been written off amid a slow post-pandemic recovery, changing consumer spending and higher rates. Bell says the market faces risks from elevated interest rates and geopolitics, which weigh on investment and yields, but still offers opportunities. She speaks with Romaine Bostick on "The Close."

Joel Schneider, Dimensional's Deputy Head of Portfolio Management for North America, says well-founded IPOs can attract strong interest regardless of broader market conditions, but investors should look beyond the initial pop: IPOs have historically tended to underperform the market afterward, making fundamentals and entry timing important. He notes that index providers add new listings on different schedules, so index-fund investors effectively delegate that decision to an index committee. He speaks with Romaine Bostick on "The Close."

Nassim Taleb, author of "The Black Swan" and distinguished scientist at Universa Investments, calls the stock market a "trap" and sees a class of "naive" investors who will invest in firms linked to AI during an interview with Bloomberg's Natalia Kniazhevich at the Greenwich Economic Forum.