Australia Breaking News

Magmatic Resources (ASX:MAG) commenced its Phase 3 drilling programme at the Weebo Gold Project.

The US and Iran have reached a tentative deal to extend a ceasefire by 60 days and launch further talks on Tehran's nuclear program, a person with knowledge of the matter said, raising hopes the three-month conflict could be nearing a resolution. Bloomberg's Laura Davison breaks down what we know.

Insurance Australia Group (ASX:IAG) finalised a settlement regarding complex multi-billion-dollar legal proceedings tied to the collapse of Greensill Bank.

BGH Capital launches a revised, unsolicited NZ$3.10 per share cash takeover bid for Tourism Holdings (ASX:THL).

Prime Minister Anthony Albanese has dismissed business expectations for significant capital gains tax carve-outs.

Trade Window's (ASX:TWL) trading revenue rose 20% to NZ$9.6 million, up from NZ$8 million in FY25.

ikeGPS Group (ASX:IKE) delivered on its FY26 full-year financial guidance, highlighted by achieving a positive underlying EBITDA in March.

PEXA Group (ASX:PXA) appointed Graham Curtin as its new group CFO, effective Sept. 1.

A major split has emerged between unions over a landmark pay offer from BHP (ASX:BHP) to iron ore workers in the Pilbara region.

Bloomberg News reporter Brody Ford says Dell's server business is helping the company's revenue benefit from the AI boom. Dell gave an outlook for annual sales that far surpassed analysts' estimates, fueled by demand for servers that power artificial intelligence work. Revenue in the fiscal year ending in January 2027 will be about $167 billion, including $60 billion from the sale of AI servers, the Texas-based company said Thursday in a statement.

Albert Douer, UBQ Chairman and CEO says his dream is for more countries to adopt his technology so trash becomes seen as something with value and plastic production can rely less on oil.

Pauline Brown, former chair of LVMH North America, joined the discussion to analyze the ongoing k-shaped economic recovery, particularly within the luxury retail sector. She highlighted that even among luxury brands, performance is diverging significantly. She speaks with Romaine Bostick & Katie Greifeld on "The Close."