ASX set to edge up, Wall Street steady; Meta rises after unveiling AI model

The Sydney Morning Herald - Oct 12, 2026

US stocks kicked off a busy week with mixed trading on Wall Street that is keeping the market hovering around its all-time high.

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Fight erupts between union and ABC’s head of news

Oct 12, 2026

Fight erupts between union and ABC’s head of news

The ABC’s news boss is staring down the barrel of a staff revolt after threatening a senior journalist with disciplinary action.

Critica lands inaugural 160Mt WA rare earths resource

Oct 12, 2026

Critica lands inaugural 160Mt WA rare earths resource

Critica Limited has delivered a maiden 160 million tonne indicated resource at its giant Jupiter rare earths project in WA, lifting confidence in 10 per cent of the deposit ahead of a scoping study.

Greg Norman just took a bite out of Qantas. Does he have a point?

Oct 12, 2026

Greg Norman just took a bite out of Qantas. Does he have a point?

The Shark calls Qantas the “Never-On-Time” airline. We checked if he was right.

McKinsey strips Australian partner of leadership role after ‘glass cliff’ comments

Oct 11, 2026

McKinsey strips Australian partner of leadership role after ‘glass cliff’ comments

The decision by the consulting giant came after an internal review sparked by Chris Bradley’s LinkedIn back-and-forth with an author of a new book.

‘Totally Vile Shambles Network’: TVSN faces legal demands after $40m rescue bid fails

Oct 11, 2026

‘Totally Vile Shambles Network’: TVSN faces legal demands after $40m rescue bid fails

Some of Australia’s highest-profile investors were approached to buy the home shopping network and keep it afloat. None took up the offer.

The $10 pint is extinct – this is what you can expect to pay for a beer in every capital city

Oct 11, 2026

The $10 pint is extinct – this is what you can expect to pay for a beer in every capital city

Buying a round of beers will punish your wallet in some cities more than others. Use our interactive to see how much the cost of your favourite froth has risen over time.

Pearl Harbour and Hawaii’s connection to Qantas’ Double Sunrise

Oct 11, 2026

Pearl Harbour and Hawaii’s connection to Qantas’ Double Sunrise

Months before the Imperial Japanese Navy surprise attacked Hawaii, Qantas would take delivery of its first Catalina PBY boat planes on the island.

‘Trance-like’: How brands hack psychology of smell to make us spend more

Oct 10, 2026

‘Trance-like’: How brands hack psychology of smell to make us spend more

In the increasingly lucrative field of scent marketing, one Australian company is helping some of the world’s biggest brands hyper-curate their customer experience.

The world’s richest person is testing Wall Street’s limits

Oct 9, 2026

The world’s richest person is testing Wall Street’s limits

Elon Musk has always been a mixed blessing for Wall Street. Now, as the AI party rolls on, he is testing the limits of the debt boom.

ASX Runners of the Week: Alvo, Pioneer Minerals & Dalaroo

Oct 9, 2026

ASX Runners of the Week: Alvo, Pioneer Minerals & Dalaroo

The Bulls N’ Bears ASX Runner of the Week is... Alvo Minerals, which soared 257% on its promising heavy rare earths grades and a potential game-changing processing route for its Brazilian project.

Big Hits: Dalaroo leads with stellar West African gold strike

Oct 9, 2026

Big Hits: Dalaroo leads with stellar West African gold strike

Big Hits looks at notable drill intercepts reported to the ASX this week, led by Dalaroo Metals in Côte d’Ivoire, with runners-up Power Minerals in Brazil and Midas Minerals in Namibia.

The Cap Raise Crucible: Big books, broker options and mixed fortunes

Oct 9, 2026

The Cap Raise Crucible: Big books, broker options and mixed fortunes

Cap Raise Crucible has dissected $700m in ASX raisings, led by L1 Global’s $480m haul, as brokers’ fees and options faced scrutiny and punters pocketed big gains or suffered double-digit losses.

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