ASX finishes higher as banks rise, NextDC tanks; CSL names new CEO

The Sydney Morning Herald - Oct 21, 2026

The Australian sharemarket whipsawed on Wednesday as banks and tech stocks advanced and data centre company NextDC plunged.

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Elon Musk’s $5 trillion monster: Tesla and SpaceX exploring the biggest merger in history

Oct 21, 2026

Elon Musk’s $5 trillion monster: Tesla and SpaceX exploring the biggest merger in history

Elon Musk says the companies have taken preliminary steps towards sealing what would rank as the largest corporate tie-up of all time.

Qatar Airways plans flights to western Sydney from late 2027

Oct 20, 2026

Qatar Airways plans flights to western Sydney from late 2027

The Gulf carrier will fly from Western Sydney International three times a week, making it the fifth foreign carrier to serve Australia’s newest airport.

Nobody wants to pay more tax, except me

Oct 20, 2026

Nobody wants to pay more tax, except me

Our tax system is designed to favour the old over the young. The young pay income tax but, for the most part, the retired don’t.

New ACTU president warns AI is automating entire jobs

Oct 20, 2026

New ACTU president warns AI is automating entire jobs

The newly elected president of the union peak body says more needs to be done about AI, and that businesses are falling short of their obligations.

‘We’re not afraid of risk’: Big Oil goes back to Iraq

Oct 20, 2026

‘We’re not afraid of risk’: Big Oil goes back to Iraq

While the US and Iran fight, the world’s major oil corporations are heading into neighbouring Iraq to secure future oil supplies.

Mongolian gas prize beckons as TMK Energy clears discovery hurdle

Oct 20, 2026

Mongolian gas prize beckons as TMK Energy clears discovery hurdle

TMK Energy’s Declaration of Discovery for its 1.2Tcf Gurvantes XXXV project in Mongolia has been accepted, the first step towards a production licence, ahead of appraisal.

The Grinch is stealing this Christmas from NAB workers, AI comes next

Oct 20, 2026

The Grinch is stealing this Christmas from NAB workers, AI comes next

Artificial intelligence is not officially to blame for NAB’s latest round of job losses, but it will be next time around.

Aurum hits thick gold ahead of West African resource upgrade

Oct 20, 2026

Aurum hits thick gold ahead of West African resource upgrade

Aurum Resources has extended gold across three targets at its flagship Boundiali project in West Africa, hitting 57m at 2.34g/t ahead of a major resource upgrade.

Critical Resources triples down on Suriname gold play

Oct 20, 2026

Critical Resources triples down on Suriname gold play

Critical Resources has grabbed its third gold play in Suriname, securing exclusivity over the Gadu Manda project, just 4km from Zijin Mining’s 6-million-ounce Rosebel mine.

Critical Resources locks in Suriname gold trifecta

Oct 20, 2026

Critical Resources locks in Suriname gold trifecta

Critical Resources has grabbed its third gold play in Suriname, securing exclusivity over the Gadu Manda project, just 4km from Zijin Mining’s 6-million-ounce Rosebel mine.

Critica tables monster $2.7B valuation for WA rare earths play

Oct 20, 2026

Critica tables monster $2.7B valuation for WA rare earths play

Critica Limited’s WA rare earths scoping study has delivered a huge $2.7 billion pre-tax valuation, 56% IRR and $556 million in upfront capital earmarked for a 14-year operation.

China’s export boom is becoming its Achilles heel

Oct 20, 2026

China’s export boom is becoming its Achilles heel

China is on track for a record trade surplus, but is facing increasing pushback from the countries whose economies are being ravaged by its flood of exports.

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