Australian Markets

A 29-year-old Tesla investor in Houston, Hy Luu, used six figures of margin debt and refinanced his home to reduce the risk of a margin call, according to a CNBC investigation into rising leverage in stock markets. The report documents how individual investors are borrowing...

The Intercept reported on the rapid growth of prediction market platforms like Kalshi and Polymarket, which now offer betting on US elections, sports outcomes, and entertainment events. According to the analysis, these loosely regulated platforms have attracted celebrity endorsements from figures including LeBron James and...

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.

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...