ASX slides lower, banks jump; Rip Curl owner in takeover talks with US giant

The Sydney Morning Herald - Nov 1, 2026

The Australian sharemarket has started the week in negative territory with technology stocks weaker on the back of a Wall Street sell-off while financial stocks are higher ahead of the Reserve Bank’s interest rates call on Tuesday.

Read full article

More News

Nov 1, 2026

Westpac expects 11 per cent house price fall, posts $6.8 billion profit

The nation’s second-biggest lender expects interest rates to remain “elevated” and for house prices to have fallen more than 10 per cent by March.

Nov 1, 2026

The $315b debt binge that’s driving up the cost of borrowing

The AI craze is not only threatening to wipe out jobs and inflate a sharemarket bubble. It’s also costing governments more when they borrow.

Nov 1, 2026

Super funds slammed for ‘blaming customers for complaints’

Complaints have surged in the multitrillion dollar super sector, but the watchdog says fund trustees are too readily blaming issues on members.

Nov 1, 2026

It is the RBA’s job to fight inflation, but governments must do more to help

The RBA and Australian governments are pulling in opposite directions. No wonder inflation pressures persist.

Nov 1, 2026

Australia’s newest airport wants more flights as airlines cut back capacity

Qatar Airways, which has committed to Western Sydney International, has reduced the number of passengers it flies daily around the world by about 25,000 since the US-Israel-Iran War erupted.

Nov 1, 2026

Inside the scramble to contain the largest crypto heist in history

From New York to Abu Dhabi and Kyiv, security researchers and Binance executives rushed to trace the stolen money after a hack that has shocked the crypto world.

Oct 31, 2026

‘Thanks for raiding us’: Inside the crackdown on underquoting

As the NSW government ramps up fines for underquoting and brings in new pricing transparency rules for agents, we spend a day with those enforcing the rules.

Oct 30, 2026

David Jones hosted Queen Elizabeth II and Dior – but nostalgia won’t save it

On the brink of financial collapse, the 188-year-old institution has a legacy worth saving – but no one seems to believe it can ever return to its former glory.

Oct 30, 2026

Trump the lame duck would be a relief for the world

There is no shortage of reasons to worry about the global economy. And yet there is at least one piece of good news on the horizon.

Oct 30, 2026

‘Biggest hack in history’: Crypto giant freezes assets after $8.9b heist

Binance says a security breach had resulted in an estimated $8.9 billion impact. Analysts said it could amount to the biggest crypto heist ever.

Oct 30, 2026

Big Hits: New Murchison Gold, Elk Range Mining and WhiteRock Lithium

Big Hits looks at notable drill intercepts reported to the ASX this week, led by New Murchison Gold in WA, with runners-up Elk Range Mining in Idaho and WhiteRock Lithium in Quebec.

ASX slides lower, banks jump; Rip Curl owner in takeover talks with US giant

More News

Westpac expects 11 per cent house price fall, posts $6.8 billion profit

The $315b debt binge that’s driving up the cost of borrowing

Super funds slammed for ‘blaming customers for complaints’

It is the RBA’s job to fight inflation, but governments must do more to help

Australia’s newest airport wants more flights as airlines cut back capacity

Inside the scramble to contain the largest crypto heist in history

‘Thanks for raiding us’: Inside the crackdown on underquoting

David Jones hosted Queen Elizabeth II and Dior – but nostalgia won’t save it

Trump the lame duck would be a relief for the world

‘Biggest hack in history’: Crypto giant freezes assets after $8.9b heist

Big Hits: New Murchison Gold, Elk Range Mining and WhiteRock Lithium

Recommended

ASX Runners of the Week: NGX Limited, RBR Group and Eden Innovations