Australia Firmus

According to ABC News Australia, a former Reserve Bank of Australia board member — unnamed in source reporting — has said it is 'plausible' Australia could see another interest rate hike on Melbourne Cup Day, when the RBA board votes on whether to raise, lower,...

Former Australian Ambassador to the United States Joe Hockey stated he believes it is "highly likely" Republicans will lose control of the House and Senate in the upcoming midterm elections. According to Hockey's analysis, if Democrats gain control of Congress, the Trump administration would face...

Joe Hockey, who served as Australian Ambassador to the United States until 2020, told ABC's 7.30 program that he has 'no doubt' corruption is flourishing in Washington. Speaking from his base in Washington DC, Hockey characterized the political environment ahead of the November midterm elections,...

Firmus, an AI data centre operator preparing to list on Australia's ASX, is facing weak investor demand that could force a billions-of-dollars cut to its funding target. The broader Australian stock market declined as banking and mining stocks sold off amid a global bond market...

Every Queensland mayor and peak lobby groups signed an open letter opposing the Australian Commonwealth government's proposal to shift disaster recovery funding to a 50-50 cost-share with states, according to ABC News Australia. The move would increase state financial responsibility for recovery operations following natural...

Former Reserve Bank of Australia board member Ian Harper said on October 7, 2026, that a November interest rate increase is "plausible" as the RBA continues fighting inflation. Harper backed the central bank's rate-hiking strategy despite acute financial pressure on Australian mortgage borrowers, characterizing rate...

Australia's ASX ended higher on October 6, 2026, with gains across banking, mining, and real estate sectors, according to ABC News Australia. The rise occurred as the Nasdaq Composite closed at a record high, driven by continued global investment in artificial intelligence and tech stocks.

Australia's Brisbane 2032 Olympics organizing committee unveiled the official games emblem — a cockatoo-inspired artwork — through an unplanned social media leak on Friday, October 3, 2026, according to ABC News Australia. The emblem was supposed to receive a formal grand reveal but appeared online...

The Melbourne Institute released inflation data suggesting Australia's actual inflation rate stands at 4.8%, compared with the Australian Bureau of Statistics' official figure of 4%. Australian equity markets traded quietly, with the ASX showing mixed movement as commodity prices fluctuated and the Australian dollar strengthened...