ASX retreats as energy shares slump; Nick Scali tanks; Westpac axes jobs

The Sydney Morning Herald - Oct 22, 2026

The Australian sharemarket declined on Thursday, as shares in furniture retailer Nick Scali plummeted after a profit warning.

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Zenith bid goes unconditional as Forrestania builds WA gold stockpile

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Rare earths resource boost in sight as Red Metal drills Qld giant

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Sky’s not the limit: $5 trillion sci-fi deal could bring Musk closer to Mars

A merger of Tesla and SpaceX makes a lot of sense for the world’s richest man and his shareholders.

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How to earn Qantas status credits without getting on a plane

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France faces a ‘doom loop’ as it spirals downwards

A perfect storm of unhappy citizens and wary investors has France facing an economic crisis.

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Japanese top chef sacked after drinking on the job wins $11k payout

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ASX retreats as energy shares slump; Nick Scali tanks; Westpac axes jobs

More News

Zenith bid goes unconditional as Forrestania builds WA gold stockpile

China iron ore stoush puts Australian mines in the firing line

Kuniko goes deep to light up NSW polymetallic riches

‘It’s madness’: Safety fears prompt calls to bring back buttons on car dashboards

Amplia uncovers new clue in pancreatic cancer drug trial

Ping-pong tables won’t save your office – but these 10 things will

Rare earths resource boost in sight as Red Metal drills Qld giant

Sky’s not the limit: $5 trillion sci-fi deal could bring Musk closer to Mars

How to earn Qantas status credits without getting on a plane

France faces a ‘doom loop’ as it spirals downwards

Japanese top chef sacked after drinking on the job wins $11k payout

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