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ASX edges higher after Wall Street hits record; Paramount completes $158b Warner takeover
The Australian sharemarket is posting modest gains in early trade after Wall Street traders drove US stocks to all-time highs overnight.
Tesla and power giants revolt against Australia’s ‘EV charger tax’
A battle has erupted over plans to let grid operators mount EV chargers on their power poles – and bill non-EV drivers for the cost.
Trying to tame inflation with higher interest rates is dumb and unfair
Our use of interest rates to control inflation is yet another respect in which our economic system is biased against the young.
Customers sent rogue message as major fashion retailer caught in apparent hack
Popular online clothing retailer ASOS said basic personal information may have been accessed in a cyberattack after customers received a threatening phone alert.
Australia’s great AI hope just hit a speed bump
Its plan to double Australia’s data centre computing power may have fallen over but ASX-bound Firmus’ backers – from a Canberra air-conditioning family to billionaires – aren’t worried.
ASX gains, led by miners and property stocks; oil prices steady
The Australian sharemarket advanced on Tuesday, fuelled by a tech-led rally on Wall Street as investors largely shrugged off concerns about bond yields at multi-decade highs.
Barkly scores near-perfect drill hit rate at huge NT rare earths play
Barkly Rare Earths has struck rare earths in 43 of 44 holes at its NT project. Mineralisation now spans a huge 23km, with high-grade hits including 0.5m at 5156 ppm TREO.
Aguia hits Colombia gold record and breaks even
Aguia Resources has set a gold production record in Colombia, with September revenue of A$218,000 covering its local corporate and operating costs for the first time.
TMK smashes gas flow records as Mongolian drilling gears up
TMK Energy set a new gas production record at its Mongolian coal seam gas project, with September flows up 8% and multiple wells hitting new highs across its 1.2Tcf resource.
Gateway maps twin 4km gold soil anomalies in WA Gascoyne
Gateway Mining has defined two gold-in-soil anomalies from first-pass soil sampling at its Glenburgh South gold project in WA’s Gascoyne region, next to Benz Mining’s recent tier-one gold discovery.