Latest Business News & Archive

5 Accounting Firms Sydney SMEs Trust to Navigate Rising ATO Scrutiny and New Reporting Rules in 2026

Sydney small and medium-sized businesses are facing increased ATO scrutiny, tighter payroll and contractor rules, and broader reporting expectations, driving demand for proactive accounting and compliance support.

BDO Australia Restructures Clients & Markets Unit While Rolling Out Senior Partner Hires

BDO Australia says it completed a May realignment involving limited back-office redundancies while adding partners and senior leaders across international trade, infrastructure and accounting advisory.

Hims & Hers Launches 'Hers' in Australia Following Rebrand of $1.15 Billion Eucalyptus Acquisition

Hims & Hers has launched Hers in Australia, replacing Eucalyptus venture Juniper and expanding access to locally supervised telehealth services for women, including menopause and weight management care.

Australia's Hospitality Sector Loses $6.4 Billion Annually to Food Waste, Averaging $66,000 Per Business

Australia's hospitality industry discards 1.2 million tonnes of food annually, costing the sector $6.4 billion and prompting calls for better tracking, portion control and organic waste recovery.

More news

ASX 200 Top Gainers: Telix Pharma Jumps 3.23% on FDA

ASX 200 Turns Positive After Early Slump as Weak Australian Jobs Data Cools Rate Hike Bets on Thursday

Australian shares recovered from an early sell-off after weaker employment data reduced expectations of further Reserve Bank rate rises, while technology stocks fell on global concerns.

Tony Jackson Oct 15, 2026

South Korea is home to the world's largest memory chip maker Samsung, and largest memory chip supplier SK Hynix

SK Hynix Shares Extend Slide as China's CXMT Memory Breakthrough Claims Rattle Chip Investors on Wall Street

SK Hynix shares fell again as investors assessed the threat from China's CXMT, whose new memory design could increase supply and pressure prices if manufactured at scale.

Mike Clair Oct 15, 2026

Hut 8 Shares Fall 10 Percent as Crypto and AI Infrastructure Stocks Retreat

Hut 8 shares fell about 10% amid broader weakness in bitcoin and AI infrastructure stocks, extending recent volatility ahead of the company's third-quarter earnings release.

Tony Jackson Oct 15, 2026

Applied Optoelectronics Shares Slide Nearly 9% as AI Optics Sell-Off Deepens, Stock Falls Below $90 Mark

Applied Optoelectronics shares fell 8.8% as investors continued selling AI-linked optical stocks, despite strong revenue growth and expectations for sustained demand for data centre equipment.

Tony Jackson Oct 15, 2026

Liquidia Stock Soars More Than 26% After $380.7 Million Settlement Ends Legal War With United Therapeutics

Liquidia shares jumped after the drugmaker agreed to pay United Therapeutics $380.7 million, ending six lawsuits and securing continued sales of Yutrepia for PAH.

Tony Jackson Oct 15, 2026

Bending Spoons Shares Jump After Berkshire Hathaway Commits Additional $330 Million

Bending Spoons shares jumped after Berkshire Hathaway agreed to invest another $330 million, lifting its stake to 4% as the Italian technology company pursues acquisitions.

Tony Jackson Oct 15, 2026

FTSE 100 Surges 0.8% Today as Oil Eases and Markets

Dow Edges Up as S&P 500 and Nasdaq Slip on Hotter-Than-Expected Inflation, Bank of America Shares Tumble

US stocks traded unevenly after September inflation exceeded forecasts, lifting Treasury yields. Bank of America shares fell sharply after a $1.2 billion regulatory penalty, while technology stocks declined.

Tony Jackson Oct 15, 2026

ASML Says Customers Express Interest in Orders for 2029 and 2030 as AI Demand Lifts Profit

ASML reported €5 billion in third-quarter profit, raised its 2026 sales outlook and said AI-driven demand could prompt customers to order chipmaking tools for 2029 and 2030.

Tony Jackson Oct 14, 2026

Bank of America Shares 4% Rise in Q2 After Announcing Net Interest Income Rebound Imminent

Bank of America Hit With $1.2 Billion Penalty Over Money Laundering Failures, Admits Willful Violations

Federal regulators ordered Bank of America to pay more than US$1.2 billion after finding widespread anti-money-laundering failures, including inadequate monitoring and unreported suspicious transactions.

Tony Jackson Oct 14, 2026

Yancoal Shares Climb Above $6 as Energy Stocks Rally With Oil Prices Despite Weaker Australian Market

Yancoal Australia shares rose 3.28% above A$6 as higher oil prices lifted energy stocks, despite losses across the broader Australian market and banking sector.

Jason Taylor Oct 14, 2026

Goodman Group Shares Jump More Than 3% as Property Stocks Lead ASX on Hopes US Rate Hikes Are Nearly Over

Goodman Group shares rose 3.3% against a weaker Australian market as hopes of slowing US rate increases lifted property stocks and supported interest-sensitive assets.

Mike Clair Oct 14, 2026

ASX 200 Slides as Bank Stocks Fall After Wall Street Sell-Off; Glencore Makes Debut on Australian Market

Australian shares fell on Wednesday, led by the major banks after losses among US lenders. Glencore made its ASX debut, while energy and property stocks gained.

Mike Clair Oct 14, 2026

Shares of GameStop were volatile after the company reported mixed earnings

GameStop Shares Edge Higher Near 52-Week High After Series of Insider Purchases

GameStop shares remain near a 52-week high after CEO Ryan Cohen and other directors disclosed purchases, despite lower second-quarter sales and stronger profitability metrics.

Tony Jackson Oct 14, 2026

Micron Shares Surge Past $1,000 After $250 Billion US Expansion

Micron Shares Fall Further as Chinese Rival CXMT Reports Progress on Denser DRAM Design

Micron shares extended their decline after China's CXMT reported progress on a next-generation DRAM design, reviving investor concerns about competition despite strong AI-driven demand.

Tony Jackson Oct 14, 2026

TeraWulf Shares Edge Lower as Data-Center Stocks Face Pressure Ahead of November Earnings

TeraWulf shares declined about 3 per cent as data-centre stocks weakened after a peer's $850 million financing announcement, while investors await the company's November earnings update.

Mike Clair Oct 14, 2026

ChronoScale Stock Soars 15% on AI Compute Momentum Following Recent

ChronoScale Stock Tumbles 11% as Tech Sell-Off Deepens, Erasing Gains From $1 Billion Contract Boost

ChronoScale shares fell 11% amid broad technology and semiconductor weakness, reversing gains after major customer agreements as investors weigh its growth plans, losses and funding needs.

Mike Clair Oct 14, 2026

Cipher Digital Shares Fall After Company Proposes $850 Million Zero-Coupon Convertible Notes Offering

Cipher Digital shares dropped 16.5% after the data-centre developer announced plans for $850 million of zero-interest notes and an exchange of some 2030 debt for shares.

Tony Jackson Oct 14, 2026

Ollie's Bargain Outlet Shares Rise After Board Approves Additional $500 Million Buyback

Ollie's shares rose after the board approved an additional $500 million share buyback authorisation, expanding available capacity as the retailer lowered its full-year outlook.

Mike Clair Oct 14, 2026

BUSINESS

5 Accounting Firms Sydney SMEs Trust to Navigate Rising ATO Scrutiny and New Reporting Rules in 2026

BDO Australia Restructures Clients & Markets Unit While Rolling Out Senior Partner Hires

Hims & Hers Launches 'Hers' in Australia Following Rebrand of $1.15 Billion Eucalyptus Acquisition

Australia's Hospitality Sector Loses $6.4 Billion Annually to Food Waste, Averaging $66,000 Per Business

South Korea's KOSPI Falls More Than 7 Percent as Chip Stocks Lead Global Tech Sell-Off

Contact Energy Shares Rise Nearly 5% on ASX as September Report Shows Strong Jump in Retail Sales Volumes

WiseTech Global Shares Climb Nearly 5% After ASIC Clears Founder Richard White in Insider Trading Probe

Bank of Queensland Shares Jump 5% as FY26 Results Show Second-Half Recovery and Steady 20-Cent Dividend

ASX 200 Turns Positive After Early Slump as Weak Australian Jobs Data Cools Rate Hike Bets on Thursday

SK Hynix Shares Extend Slide as China's CXMT Memory Breakthrough Claims Rattle Chip Investors on Wall Street

Hut 8 Shares Fall 10 Percent as Crypto and AI Infrastructure Stocks Retreat

Applied Optoelectronics Shares Slide Nearly 9% as AI Optics Sell-Off Deepens, Stock Falls Below $90 Mark

Liquidia Stock Soars More Than 26% After $380.7 Million Settlement Ends Legal War With United Therapeutics

Bending Spoons Shares Jump After Berkshire Hathaway Commits Additional $330 Million

Dow Edges Up as S&P 500 and Nasdaq Slip on Hotter-Than-Expected Inflation, Bank of America Shares Tumble

ASML Says Customers Express Interest in Orders for 2029 and 2030 as AI Demand Lifts Profit

Bank of America Hit With $1.2 Billion Penalty Over Money Laundering Failures, Admits Willful Violations

Yancoal Shares Climb Above $6 as Energy Stocks Rally With Oil Prices Despite Weaker Australian Market

Goodman Group Shares Jump More Than 3% as Property Stocks Lead ASX on Hopes US Rate Hikes Are Nearly Over

ASX 200 Slides as Bank Stocks Fall After Wall Street Sell-Off; Glencore Makes Debut on Australian Market

GameStop Shares Edge Higher Near 52-Week High After Series of Insider Purchases

Micron Shares Fall Further as Chinese Rival CXMT Reports Progress on Denser DRAM Design

TeraWulf Shares Edge Lower as Data-Center Stocks Face Pressure Ahead of November Earnings

ChronoScale Stock Tumbles 11% as Tech Sell-Off Deepens, Erasing Gains From $1 Billion Contract Boost

Cipher Digital Shares Fall After Company Proposes $850 Million Zero-Coupon Convertible Notes Offering

Ollie's Bargain Outlet Shares Rise After Board Approves Additional $500 Million Buyback

Pages

KOSPI Falls Nearly 2 Percent To 6,804, Its Lowest Close Since Sept. 17, As Foreign Investors Sell

Nvidia Vs Tesla Vs SK Hynix: Which AI Stock Wins 2026 As Nvidia Nears $6 Trillion And Tesla Earnings Loom

Scientists Train Immune System To Control HIV Without Daily Drugs, Raising Cure Hopes As US Funding Cuts Loom