Saturday, October 24, 2026 · Read the latest global news and insights from World Insight News, covering world affairs, business, technology, sports, lifestyle and important developments.
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40 result(s) for “Australia”

Business & Economy · Oct 24, 2026

Federal government commits $10 million to secure Cloncurry airport, protecting mining supply chains and regional jobs

The Albanese government announced a $10 million funding package on October 24, 2026 to complete upgrades at Cloncurry Airport in north west Queensland. The investment aims to prevent an operational downgrade that would have constrained fly in fly out mining services, freight and aeromedical links, with wider implications for regional supply chains and local labour markets.

Business & Economy · Oct 23, 2026

EQT’s A$9.3 billion takeover of Cleanaway reshapes Australia’s waste sector, regulators and unions prepare for scrutiny

Swedish buyout group EQT has lodged a binding scheme to acquire Cleanaway for A$3.095 a share, valuing the Australian waste services group at about A$9.3 billion. The deal, announced this week and moving quickly towards shareholder and regulatory steps, intensifies debate over foreign buyouts of critical infrastructure and the future of recycling and landfill operations in Australia.

Business & Economy · Oct 22, 2026

Major Australian banks accelerate job cuts as lenders reshape operating models

National Australia Bank’s plan to cut up to 2,500 roles and Westpac’s separate reduction of about 140 positions underline a wider wave of workforce change across Australia’s banking sector, raising questions about technology, regulation and the short term impact on the labour market.

Sports & Entertainment · Oct 21, 2026

Australia skittled for 99 in Gqeberha as Proteas seize control on day four

A shock batting collapse left Australia all out for 99 at St George's Park on October 21, 2026, handing South Africa a huge first innings lead and forcing the follow on. The result leaves the tourists on the brink in the second Test and raises urgent questions about Australia’s middle order and technique in seaming conditions.

Business & Economy · Oct 20, 2026

NAB to cut up to 2,500 roles as bank presses reset amid slowing credit growth and tech shift

National Australia Bank has told the market it will reduce its internal workforce by as many as 2,500 roles over the next year as it moves to simplify its operating model and redirect resources to growth and technology initiatives. The announcement rattled the ASX and heightened scrutiny of job security across Australia’s major banks.