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Business · 22 Oct 2026

Kimberley 1GW data centre and 6.7GW renewables precinct worth $41 billion referred for federal environmental review

A proposed off-grid renewable energy precinct in the Kimberley that includes a 1GW data centre and 6.7GW of generation capacity, valued at $41 billion, has been formally referred for federal environmental assessment. The referral begins the project’s assessment under national environment law and marks a significant step for the large-scale regional development.

Property · 22 Oct 2026

Water infrastructure work to unlock western suburbs sites for housing

Water infrastructure upgrades are expected to open land in Perth's western suburbs for residential development, timed with a new $250m facility to support apartments and townhouses. The move comes alongside other regional projects, including a $37m water plant for Kimberley communities and a $97m theatre redevelopment, highlighting a busy period for WA construction and planning.

Markets · 21 Oct 2026

Nasdaq leads Wall Street higher after SpaceX-linked boost

The Nasdaq closed ahead of other US indices after a market lift tied to SpaceX developments, helping push Wall Street to a firmer finish. Australian investors with exposure to US technology and aerospace names will be watching for follow-through as global sentiment shifts.

Markets · 21 Oct 2026

France risks a fiscal ‘doom loop’ as bond yields spike and politics frays

France is confronting rising borrowing costs, deep political uncertainty and street unrest that together threaten a self‑reinforcing fiscal crisis. With government debt near 120% of GDP and interest payments set to exceed €90 billion next year, investors and voters are pulling in opposite directions, leaving centrist leaders squeezed ahead of a crucial presidential vote.

ASX · 21 Oct 2026

ASX steadies after RBA warnings; NextDC collapses and banks lead gains

The ASX finished marginally higher after a volatile session, buoyed by bank strength but hit by a sharp sell-off in data centre operator NextDC. RBA deputy governor warnings about a worsening inflation outlook pushed traders to price a higher chance of a November rate move, lifting expectations of earlier further hikes.

Business · 21 Oct 2026

Manhattan Gold’s maiden Hook Lake campaign uncovers high-grade gold and a new polymetallic front

Manhattan Gold’s first-ever drilling at Hook Lake in Nunavut has returned multiple high-grade gold intercepts at its Jaws prospect and a substantial copper–gold–zinc–silver hit at a new Spectre target, expanding the project’s potential to a multi-kilometre discovery. The 25-hole, 4,592-metre program has extended known mineralisation and left key assays pending as the company plans further testing and an expanded 2027 season.

Business · 21 Oct 2026

On bail and facing charges, Ben Roberts‑Smith mounts media blitz with 150‑minute 2GB interview and new clothing brand

Ben Roberts‑Smith has launched a coordinated publicity campaign this week that includes a new clothing label and a long‑form interview on 2GB, amid preparations to fight five counts of war crimes murder charges. The appearance, a 150‑minute interview to be premiered on YouTube, forms part of a broader push that has drawn high‑profile backers and raised questions about the effect of publicity on his legal proceedings.

Business · 21 Oct 2026

Fortescue sacks senior executive after independent probe finds harassment breaches

Fortescue Metals Group has terminated a senior executive after an independent MinterEllison investigation substantiated sexual harassment and bullying claims. The Perth-based iron ore giant, Australia’s third-largest miner, also faces a Federal Court class action alleging widespread misconduct at its Pilbara operations.

Business · 21 Oct 2026

Locksley ramps up major copper‑gold drilling at 1,000km² Greater Tottenham play

Locksley Resources has established an operations hub at Tottenham and begun detailed re‑logging and metallurgical work as it prepares a staged 15,500‑metre drilling campaign across its 1,000‑square‑kilometre Greater Tottenham copper‑gold district. The company is finalising permits and a drill rig contract for initial programs at Iron Duke and other priority prospects while completing independent resource estimates for Tottenham and Iron Duke.

Business · 21 Oct 2026

Red Metal launches 6‑metre heap‑leach tests at giant Sybella rare‑earths project

Red Metal has begun six‑metre column leach testwork at its Sybella rare‑earths deposit in northwest Queensland to simulate commercial heap‑leach conditions and de‑risk processing ahead of a planned DFS. The programme targets recoveries, acid consumption and kinetics for the company’s 4.795‑billion‑tonne inferred resource, with a PFS due early next year.

ASX · 21 Oct 2026

Orbit uncovers thick massive-sulphide zone at Lewis Ponds, assays due in December quarter

Orbit Resources has visually logged 11.8 metres of massive and semi-massive sulphides at its Lewis Ponds project in NSW’s Lachlan Fold Belt, including a standout 3.55‑metre section estimated at 50% massive sulphides. Core is being prepared for assays due in the December quarter as the company advances drilling, metallurgical work and a spin‑out IPO for its rare earths asset.