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Latest news in Australia.

Grafa 2026-03-15T18:03

Breaking News

Loading video player...

2 days ago

MoviePass CEO: Hollywood Hitting on All Pistons Again

MoviePass CEO Stacy Spikes discusses Oscars weekend, rebounding box office sales, and the rise of a 'new crop of stars' in Hollywood. He talks with Katie Greifeld and Romaine Bostick on "The Close."

2 days ago

Private Credit Infecting Public Markets, Boaz Weinstein Says

While sitting for a "Bloomberg Money Stuff" podcast episode taping, Saba Capital Management CIO Boaz Weinstein speaks about private credit "infecting" public markets.

Read Private Credit Infecting Public Markets, Boaz Weinstein Says

2 days ago

S&P Closes Out Third Straight Week of Loses | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Read S&P Closes Out Third Straight Week of Loses | Closing Bell

2 days ago

Judge Rejects Subpoenas of Fed in Powell Case, DOJ to Appeal

A federal judge rejected Justice Department subpoenas seeking records from the Federal Reserve Board related to its headquarters renovations and Chair Jerome Powell's comments to Congress. The judge said the government had no evidence to justify the subpoenas and they reflected an "improper motive" of retaliating against Powell over policy differences. The US Attorney's Office for the District of Columbia said they would appeal the decision, which was welcomed by a Republican senator who called the investigation "a failed attack on Fed independence". Bloomberg's Elliot Stein joins to discuss.

Read Judge Rejects Subpoenas of Fed in Powell Case, DOJ to Appeal

Find out now

Insights

2 months ago

What is Australia’s richest suburb?

Well, grab a champagne flute and a slice of avocado toast, because the Australian Taxation Office has graced us with its annual Taxation Statistics report for the 2022–23 year.

And what a delightful read it is for anyone living in a post-code that isn't 2027 (Darling Point, Sydney).

Find out now

Economy

Aussie disputes drop as industrial action intensity climbs

Economy

5 days ago

Aussie disputes drop as industrial action intensity climbs

Australian industrial disputes fell in number during the December quarter of 2025, yet the scale and impact of these conflicts grew significantly.

Economy

6 days ago

Australian housing market hits record $12.3 trillion value

The Australian residential property market has reached an unprecedented milestone, with the total value of the nation's housing stock soaring to $12.3 trillion.

Read Australian housing market hits record $12.3 trillion value

Economy

6 days ago

IMF warns conflict risks "new normal" for markets

IMF Chief Kristalina Georgieva warned of a "new normal" for the global economy, urging policymakers to prepare for "unthinkable" shocks as Middle East conflict threatens markets and inflation.

Read IMF warns conflict risks "new normal" for markets

Economy

7 days ago

Middle East fuel crisis sparks RBA rate hike fears

Skyrocketing fuel prices, ignited by escalating conflict in the Middle East, are casting a long shadow over Australia's economic recovery.

Read Middle East fuel crisis sparks RBA rate hike fears

Find out now

Latest news in Australia.

Grafa 2026-03-15T18:03

Headlines

Updated at 6:02 pm

Loading video player...

2 days ago

What Strait of Hormuz Disruptions Mean to Global Shipping

"The companies do not have an interest right now, nor is there enough money for insurance to transit those ships through the Strait," says Port of Los Angeles Executive Director Gene Seroka as he discusses shipping disruptions related to the Iran War and the Strait of Hormuz.

3 days ago

China halts post-customs jet fuel cargoes, threatens 28% of Aussie imports

China, the biggest source of aviation fuel for Australia, has told its refiners to stop exporting jet fuel, putting at risk cargoes that had not cleared customs by March 11 and raising the prospect of shortages within weeks.

Read China halts post-customs jet fuel cargoes, threatens 28% of Aussie imports

3 days ago

Oil at $120 or $130 Could Trigger a Recession, Hooper Says

Man Group Chief Market Strategist Kristina Hooper is worried about how high energy costs are impacting consumers. She says oil at $120 or $130 could trigger a recession in the US. She speaks on Bloomberg The Close. Brent crude settled above $100 a barrel Thursday for the first time since August 2022.

Read Oil at $120 or $130 Could Trigger a Recession, Hooper Says

3 days ago

US ITC blocks 170% tariffs on Chinese AAM sought by Syrah

Syrah Resources notes the US International Trade Commission reached a final negative determination regarding antidumping and countervailing duty investigations into Chinese active anode material.

The ruling means aggregate duty rates of between 160% and 170% determined by the US Department of Commerce will not be imposed on imports from China.

Read US ITC blocks 170% tariffs on Chinese AAM sought by Syrah

Collins Foods settles employee class action for $9 million

3 days ago

Collins Foods settles employee class action for $9 million

Collins Foods has entered a binding Heads of Agreement to settle a class action regarding 10-minute rest breaks for up to $9 million.

The legal proceedings, which commenced in December 2023, involved claims from employees against the company and several other respondents regarding workplace entitlements.

Qantas settles flight credit class action for $105 million

3 days ago

Qantas settles flight credit class action for $105 million

Qantas has reached an agreement to pay $105 million to settle a class action regarding flight credits issued during the Covid pandemic.

The settlement resolves a legal challenge commenced in August 2023 involving flights scheduled to depart between January 2020 and November 2022 that were cancelled by the carrier.

Rio Tinto suspends Kennecott operations after fatal incident

3 days ago

Rio Tinto suspends Kennecott operations after fatal incident

Rio Tinto has halted all mining operations at its Kennecott site in Utah following the death of a contract employee on Thursday.

The fatal incident occurred at the Bingham Canyon Mine, prompting an immediate suspension of both surface and underground activities to allow for a full investigation.

Electro Optic Systems wins US$45 million counter-drone orders

Tech

3 days ago

Electro Optic Systems wins US$45 million counter-drone orders

Electro Optic Systems has secured two new unconditional orders for its counter-drone technology valued at a combined US$45 million.

The primary contract is a US$42 million order for the Slinger Remote Weapon System from an established customer country in the Middle East.

hummgroup names CEO Angelo Demasi as Managing Director

3 days ago

hummgroup names CEO Angelo Demasi as Managing Director

hummgroup has appointed Chief Executive Officer Angelo Demasi to its Board of Directors as Managing Director, effective immediately.

The board transition strengthens management alignment and fulfills a specific governance commitment made to the Australian Takeovers Panel.

Enterprise Metals hits high-grade REE at Cuddingwarra North

3 days ago

Enterprise Metals hits high-grade REE at Cuddingwarra North

Enterprise Metals has announced high-grade assay results from its maiden reverse circulation (RC) drilling program at the Cuddingwarra North rare earth element (REE) project in Western Australia.

The 14-hole program targeting the Emily Well prospect saw 13 holes intersect total rare earth oxides (TREO) above 300ppm, with 10 holes exceeding 400ppm.

Breaking News

Loading video player...

2 days ago

MoviePass CEO: Hollywood Hitting on All Pistons Again

MoviePass CEO Stacy Spikes discusses Oscars weekend, rebounding box office sales, and the rise of a 'new crop of stars' in Hollywood. He talks with Katie Greifeld and Romaine Bostick on "The Close."

2 days ago

Private Credit Infecting Public Markets, Boaz Weinstein Says

While sitting for a "Bloomberg Money Stuff" podcast episode taping, Saba Capital Management CIO Boaz Weinstein speaks about private credit "infecting" public markets.

Read Private Credit Infecting Public Markets, Boaz Weinstein Says

2 days ago

S&P Closes Out Third Straight Week of Loses | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

Read S&P Closes Out Third Straight Week of Loses | Closing Bell

2 days ago

Judge Rejects Subpoenas of Fed in Powell Case, DOJ to Appeal

A federal judge rejected Justice Department subpoenas seeking records from the Federal Reserve Board related to its headquarters renovations and Chair Jerome Powell's comments to Congress. The judge said the government had no evidence to justify the subpoenas and they reflected an "improper motive" of retaliating against Powell over policy differences. The US Attorney's Office for the District of Columbia said they would appeal the decision, which was welcomed by a Republican senator who called the investigation "a failed attack on Fed independence". Bloomberg's Elliot Stein joins to discuss.

Read Judge Rejects Subpoenas of Fed in Powell Case, DOJ to Appeal

Find out now

Insights

2 months ago

What is Australia’s richest suburb?

Well, grab a champagne flute and a slice of avocado toast, because the Australian Taxation Office has graced us with its annual Taxation Statistics report for the 2022–23 year.

And what a delightful read it is for anyone living in a post-code that isn't 2027 (Darling Point, Sydney).

Find out now

Economy

5 days ago

Aussie disputes drop as industrial action intensity climbs

Australian industrial disputes fell in number during the December quarter of 2025, yet the scale and impact of these conflicts grew significantly.

Economy

6 days ago

Australian housing market hits record $12.3 trillion value

The Australian residential property market has reached an unprecedented milestone, with the total value of the nation's housing stock soaring to $12.3 trillion.

Read Australian housing market hits record $12.3 trillion value

Economy

6 days ago

IMF warns conflict risks "new normal" for markets

IMF Chief Kristalina Georgieva warned of a "new normal" for the global economy, urging policymakers to prepare for "unthinkable" shocks as Middle East conflict threatens markets and inflation.

Read IMF warns conflict risks "new normal" for markets

Economy

7 days ago

Middle East fuel crisis sparks RBA rate hike fears

Skyrocketing fuel prices, ignited by escalating conflict in the Middle East, are casting a long shadow over Australia's economic recovery.

Read Middle East fuel crisis sparks RBA rate hike fears

Find out now

Headlines

Updated at 6:02 pm

Loading video player...

2 days ago

What Strait of Hormuz Disruptions Mean to Global Shipping

"The companies do not have an interest right now, nor is there enough money for insurance to transit those ships through the Strait," says Port of Los Angeles Executive Director Gene Seroka as he discusses shipping disruptions related to the Iran War and the Strait of Hormuz.

3 days ago

China halts post-customs jet fuel cargoes, threatens 28% of Aussie imports

China, the biggest source of aviation fuel for Australia, has told its refiners to stop exporting jet fuel, putting at risk cargoes that had not cleared customs by March 11 and raising the prospect of shortages within weeks.

Read China halts post-customs jet fuel cargoes, threatens 28% of Aussie imports

3 days ago

Oil at $120 or $130 Could Trigger a Recession, Hooper Says

Man Group Chief Market Strategist Kristina Hooper is worried about how high energy costs are impacting consumers. She says oil at $120 or $130 could trigger a recession in the US. She speaks on Bloomberg The Close. Brent crude settled above $100 a barrel Thursday for the first time since August 2022.

Read Oil at $120 or $130 Could Trigger a Recession, Hooper Says

3 days ago

US ITC blocks 170% tariffs on Chinese AAM sought by Syrah

Syrah Resources notes the US International Trade Commission reached a final negative determination regarding antidumping and countervailing duty investigations into Chinese active anode material.

The ruling means aggregate duty rates of between 160% and 170% determined by the US Department of Commerce will not be imposed on imports from China.

Read US ITC blocks 170% tariffs on Chinese AAM sought by Syrah

3 days ago

Collins Foods settles employee class action for $9 million

Collins Foods has entered a binding Heads of Agreement to settle a class action regarding 10-minute rest breaks for up to $9 million.

The legal proceedings, which commenced in December 2023, involved claims from employees against the company and several other respondents regarding workplace entitlements.

3 days ago

Qantas settles flight credit class action for $105 million

Qantas has reached an agreement to pay $105 million to settle a class action regarding flight credits issued during the Covid pandemic.

The settlement resolves a legal challenge commenced in August 2023 involving flights scheduled to depart between January 2020 and November 2022 that were cancelled by the carrier.

3 days ago

Rio Tinto suspends Kennecott operations after fatal incident

Rio Tinto has halted all mining operations at its Kennecott site in Utah following the death of a contract employee on Thursday.

The fatal incident occurred at the Bingham Canyon Mine, prompting an immediate suspension of both surface and underground activities to allow for a full investigation.

Tech

3 days ago

Electro Optic Systems wins US$45 million counter-drone orders

Electro Optic Systems has secured two new unconditional orders for its counter-drone technology valued at a combined US$45 million.

The primary contract is a US$42 million order for the Slinger Remote Weapon System from an established customer country in the Middle East.

3 days ago

hummgroup names CEO Angelo Demasi as Managing Director

hummgroup has appointed Chief Executive Officer Angelo Demasi to its Board of Directors as Managing Director, effective immediately.

The board transition strengthens management alignment and fulfills a specific governance commitment made to the Australian Takeovers Panel.

3 days ago

Enterprise Metals hits high-grade REE at Cuddingwarra North

Enterprise Metals has announced high-grade assay results from its maiden reverse circulation (RC) drilling program at the Cuddingwarra North rare earth element (REE) project in Western Australia.

The 14-hole program targeting the Emily Well prospect saw 13 holes intersect total rare earth oxides (TREO) above 300ppm, with 10 holes exceeding 400ppm.