Friday, 04 September 2026
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Australia News from Australia · WORLD EUROS
Nº 55 Friday, 04 September 2026

Business

News from Australia

House That! Presenter Christina Morrissy set to downsize - with a twist

Once a fixture on our TV screens, presenter Christina Morrissy is selling up so she can downsize. But it’s dow…

US jobless claims rise but at historically low levels

Filings for for unemployment benefits in the United States increased to 206,000 last week from a revised 204,0…

Wall Street gains on rate comments from Fed's Waller

US stocks have opened higher as investors digested comments from Federal Reserve member Christopher Waller.

THE WASHINGTON POST: Nvidia buys AI platform Hugging Face for $US13 billion

Nvidia Corp. has agreed to acquire artificial intelligence startup Hugging Face, which was at the centre of a …

‘No parent should ever have to bury their child’: Parents remember Childers boy Blayde Pettitt, 13, after fatal e-scooter crash

In making the hardest decision of their lives, Blayde’s parents ensured his kindness would live on.

Ex-NSW property manager facing ban for stealing more than $180k from renters, landlords and employer

A former property manager who stole more than $180,000 from renters, landlords and a real estate agency over a…

Man tied to seat by fellow passengers after ruckus allegedly erupts on international Sydney-bound flight

An international flight was thrown into chaos after passengers were forced to restrain a man who allegedly beg…

‘On the QT’: Former Beacon Minerals gold project manager sentenced after insider trading ‘dabble’

Former Beacon Minerals project manager Alexander McCulloch has been sentenced to 12 months’ imprisonment for i…

BCI Minerals aims for three revenue streams including premium fertiliser as Mardie salt production starts

The company plans to play a role in strengthening Australia’s food security with an important byproduct from a…

Worker loses hand in horror machinery accident at Kwinana mining workshop in WA

A mining workshop has been shut down after a worker lost their hand in a serious workplace incident – with the…

Herd on the Terrace: Owners of Lot 10 The Towers at Elizabeth Quay suing Far East Consortium over defects

What do you do when your $500m Elizabeth Quay apartment building is riddled with defects and the builder has g…

Chinese vehicles now boast record 40 per cent share of Australian car market

Chinese car sales have dramatically accelerated in 2026 with the Asian superpower ending Japan’s 28-year run a…

Perth organ preservation device MateriaPOD scoops three national tech awards

A Perth-built organ preservation device has taken three national technology honours, while a Curtin-BHP drilli…

Plus-size pyjamas and nerves: Qantas A380 bringing NFL’s 49ers to Australia is on its way

The San Francisco team are bound for Melbourne before an expected sell-out match against the Los Angeles Rams …

Aussie sharemarket snaps losing streak as bank giants lead market rally

Australia’s major banks have led the ASX 200 to snap a three-day losing streak – but one stock has crashed to …

Maritana turns up drilling heat across WA gold portfolio

Maritana Minerals has wrapped up drilling at its Burbanks, Wilsons and Boorara projects near Kalgoorlie, with …

Ozempic’s maker is in trouble. Tablets may be the answer

Just a few years ago, Novo Nordisk was the darling of the healthcare industry. Now it is teetering.

Resource firms hit the gas on controversial project

Gas explorers and pipeline layers have enthusiastically outlined the vast potential of the controversial Beeta…

Bathla Group: Administrators still hunting cash injection deal, reveal employees to receive partial wage payments

Administrators for the firm have provided new information on their hunt for a funding lifeline and employee pa…

TMK Energy gas rates surge as Mongolian drilling push looms

TMK Energy’s Mongolian gas production is up four per cent, with flow rates spiking above 50,000scfd ahead of a…

‘Why penalise small businesses?’ Labor’s $45b trust tax escape hatch slammed for stripping flexibility

Federal Government offers small business a way around its $45b trust tax without dismantling their structures,…

Mineral Resources: Worker’s arm shredded after ‘serious’ accident at CSI Mining Services workshop in Kwinana

The mining major has confirmed a ‘serious’ accident at its Kwinana workshop in which an employee is believed t…

'Crisis preparedness': Dutch bank moves tonnes of gold

The Dutch central bank has moved billions of dollars worth of its gold reserves out of North America.

Macarthur clears hurdle for WA iron ore bulk test

Macarthur Minerals is a step closer to production at its WA iron ore project after getting the nod for a bulk …

Big tech can’t stop people hating data centres

Big AI companies have “assured” Australia that it won’t build data centres near homes. Will anybody believe th…

Dutch shift $16.8b gold stash from US to London over fears of ‘geopolitical unrest’

The Dutch Central Bank has shifted gold reserves worth about $US12 billion ($16.8b) from New York and Ottawa t…

Crisis averted but home developer Bathla still on life support

A debt-laden residential developer has met a crucial funding deadline, but the group's short-term survival is …

Safeguard mechanism on greenhouse emissions risks future of Yara Pilbara’s ammonia plant, top exec warns

Yara Pilbara’s chief operating officer Laurent Trost says ‘there will be no green transition with red numbers’…

You have a new boss, and they’re younger than you. It’s a jolt

For most of our working lives, we report to managers who are older and more experienced than us – until that c…

Trusts offered tax exemption to avoid restructure costs

Businesses will be able to avoid restructuring and paying costly stamp duties in response to a new tax on disc…

Dalaroo ups the ante with 12,000m drilling assault on African gold

Dalaroo Metals has started a 12,000m drill program at its Bondoukou gold project in Côte d’Ivoire, targeting a…

It looked like a fun job at a wine shop. Then they asked me a question about chardonnay

I was looking for something breezy, low commitment and fun. I realise that makes me sound less like a guy look…

I strutted to my interview at the bottle shop. It turned out to be a humiliation ritual

I was looking for something breezy, low commitment and fun. I realise that makes me sound less like a guy look…

Qantas A380 arrives in San Francisco to bring NFL’s 49ers to Australia

The plane is expected to depart San Francisco for Melbourne in a few hours, bringing the NFL team to the city …

Electric cars outsell petrol rivals for the first time

Fuel prices are up and so are electric vehicle sales, with Australian drivers now buying more battery-powered …

Synergy community event gives locals a close-up view of giant turbine blade at King Rocks wind farm near Hyden

About 60 locals took the opportunity to get a close-up view of the giant turbines of the King Rocks wind farm …

Marmota boosts SA gold hunt with super-sized drilling blitz

Marmota Limited has super-sized its Greenewood gold drilling program in South Australia’s Gawler Craton, expan…

Lindian inks 20-year offtake deal for Kazakhstan rare earths product

Lindian Resources has locked in a 20-year offtake deal with French rare earths specialist Carester to supply h…

Critical data dive uncovers three NZ gold-antimony targets

Critical Resources has defined three priority gold-antimony targets at its Silver Peaks project, sitting just …

Critical Resources data dive uncovers three NZ gold-antimony targets

Critical Resources has defined three priority gold-antimony targets at its Silver Peaks project, sitting just …