Business & Economy · Oct 23, 2026
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
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.
Business & Economy · Oct 20, 2026
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.
Business & Economy · Oct 18, 2026
Official labour data released October 18, 2026 shows unemployment climbed to 4.7 percent in September as employment fell, complicating the Reserve Bank of Australia’s policy outlook and increasing pressure on federal economic policy makers.
Business & Economy · Oct 16, 2026
At its 2026 research conference the Reserve Bank of Australia set out a clearer framework for so called additional monetary policy tools and flagged the growing role of financial stability risks for business planning.
Business & Economy · Oct 15, 2026
SHAPE Australia has been awarded an approximately A$800 million construction contract to build a 52 megawatt expansion at DigiCo Infrastructure REITs SYD1 data centre in Sydney. The deal boosts SHAPEs work in hand and underscores investor appetite for Australian hyperscale capacity as long term leases and funding fall into place.
Business & Economy · Oct 12, 2026
The NSW Coalition has unveiled a plan to lower payroll tax and raise the tax-free threshold, promising relief for small and mid sized employers. The move injects a tax battleground into the state election campaign and forces scrutiny of budget trade offs and economic impact on jobs and services.
Business & Economy · Oct 11, 2026
A Federal Court order issued on October 11, 2026, requires Westpac to pay A$26 million after finding the bank failed to respond to hundreds of online hardship notices over several years, intensifying regulatory scrutiny of bank treatment of vulnerable customers.
Business & Economy · Oct 8, 2026
S&P Global Ratings warns that near record federal and state spending, combined with rising interest bills, has left Australia more exposed to economic shocks, complicating the Reserve Bank of Australia’s path back to inflation targets, rating commentators and Australian outlets reported on October 8, 2026.
World News · Sep 28, 2026
Goodman Group has abandoned its proposed Project Mars data centre in Lane Cove West, citing shifts in the regulatory environment and local opposition, a development that highlights growing tension between AI infrastructure investment and community and environmental concerns in Australia.
World News · Sep 18, 2026
Renewed fighting in Yemen has displaced at least 112,000 people inside the country, while nearly 3,000 have fled by sea towards Djibouti as violence along the Red Sea coast deepens an already severe humanitarian crisis.
Business & Economy · Sep 17, 2026
Rising oil and gas prices are colliding with higher borrowing costs across major economies, creating a difficult combination for households, businesses and central banks as concerns about persistent inflation and weaker growth return.
