Global hedge funds hammered by AI sell-off this week, Asia managers lead losses

The Business Times - Oct 17, 2026

Global AI stocks collectively have been sold by long-short fund managers for six straight sessions

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TVSN fires off legal letters as war with suppliers escalates

Oct 16, 2026

TVSN fires off legal letters as war with suppliers escalates

TVSN director Bernie Brookes is refusing to hand the business over to administrators as suppliers become infuriated with the home shopping network’s radio silence.

McKinsey leader steps down from charity board after controversial ‘glass cliff’ comments

Oct 15, 2026

McKinsey leader steps down from charity board after controversial ‘glass cliff’ comments

Chris Bradley resigned from Opportunity International Australia just days after his controversial remarks about the challenges female CEOs face.

The three factors driving NSW unemployment to a five-year high

Oct 15, 2026

The three factors driving NSW unemployment to a five-year high

The NSW unemployment rate hit 4.7 per cent last month, the highest level since November 2021.

Eisen family spend chunk of Afterpay billions on swanky $12m Armadale shop

Oct 15, 2026

Eisen family spend chunk of Afterpay billions on swanky $12m Armadale shop

The couple moved to Melbourne around 2020 and paid $26 million for a Toorak mansion. They also splashed out $13 million on a “modest” Byron Bay pad.

Is Karl Stefanovic now Australia’s most famous small business owner?

Oct 15, 2026

Is Karl Stefanovic now Australia’s most famous small business owner?

In this week’s On Background, Stefanovic’s love fest at the CPAC Australia, ABC’s latest recruit gets a taste of what he is up against, and News24 goes gaga for MAGA.

Scheduling a 4.55pm meeting on Friday should be a workplace offence

Oct 15, 2026

Scheduling a 4.55pm meeting on Friday should be a workplace offence

If you want to work 10 or 12-hour days, go for it. But don’t force it on others and, for goodness’ (and your own) sake, leave Friday exempt.

Priscilla star Marney McQueen sells Wyong’s Royal for $22m, heads to Melb

Oct 15, 2026

Priscilla star Marney McQueen sells Wyong’s Royal for $22m, heads to Melb

Actress and pub owner Marney McQueen and her husband Frank Arangio are moving to Melbourne after selling their Central Coast pub for a whopping $22 million.

Corporate cop makes explosive claims about former Super Retail boss’ ‘intimate’ relationship

Oct 15, 2026

Corporate cop makes explosive claims about former Super Retail boss’ ‘intimate’ relationship

ASIC claims the retailer’s former boss pleaded with his ex-wife to keep quiet about the secret workplace relationship which led to his sacking and a lawsuit alleging he misled the market.

Golden Dragon sniffs out 2.2km gold footprint in WA

Oct 15, 2026

Golden Dragon sniffs out 2.2km gold footprint in WA

Golden Dragon Mining has outlined a 2.2km gold anomaly at its Stella Range project in WA, just 12km south of Brightstar Resources’ 267,000-ounce Lord Byron deposit.

Broken Hill lines up drill bit on huge copper-gold target in SA

Oct 15, 2026

Broken Hill lines up drill bit on huge copper-gold target in SA

Broken Hill Gold has launched 3000m of drilling to test a massive geophysical target beneath high-grade copper-gold hits at its White Dam project in South Australia.

Kmart sold fingernail glue that burnt without safety warnings, watchdog says

Oct 15, 2026

Kmart sold fingernail glue that burnt without safety warnings, watchdog says

The fingernail glue led to customers complaining of burns, reporting to hospital and even requiring skin grafts, the consumer watchdog has alleged.

Augustus circles giant PNG gold prize in Porgera backyard

Oct 15, 2026

Augustus circles giant PNG gold prize in Porgera backyard

Augustus Minerals is chasing a massive gold prize in PNG, lodging an application for the Mt Kare project, a geological cousin to the nearby 32-million-ounce Porgera giant.

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