Business

Business · 17 October 2026

Electric Surge Leaves Classic Cars in the Dust – Second‑Hand Market Takes a Shock

Vera Chen, Sydney desk

Australia’s rapid shift to electric vehicles is flooding the used‑car market with petrol and diesel models, driving prices sharply lower as owners trade up to zero‑emission rides.

Business · 17 October 2026

Boomers Trade Golden Years for Golden Hour: Retirement’s New Work‑Life Balance

Vera Chen, Sydney desk

More baby boomers are staying in the workforce well beyond traditional retirement age, driven by low interest rates, property incentives and concerns over shrinking pension pots.

Business · 16 October 2026

Aurum’s Boundiali bonanza: 0.65 Moz gold at 41.38 g/t sparks market buzz

Vera Chen, Sydney desk

Aurum announced a 0.65 million‑ounce gold intercept at 41.38 g/t outside its BST1 resource within the 3.22 Moz Boundiali project, ahead of a key resource update due this month, prompting market participants to re…

Business · 15 October 2026

Australia’s Job Market Sours: 39,300 Workers Lost, 8,900 Now Unemployed

Vera Chen, Sydney desk

A labour‑market report shows unemployment at a five‑year high, with 39,300 fewer Australians in work and the number of unemployed rising by 8,900 in the last month.

Business · 15 October 2026

Billionaire Heiress Sandra Ortega: The Invisible Force Behind the World’s Biggest Fashion Retailer

Vera Chen, Sydney desk

Sandra Ortega, the reclusive billionaire heiress, has amassed a massive fortune without ever taking a role in the fashion empire founded by her parents, which today stands as the world’s largest fashion retailer.

Business · 13 October 2026

Bed‑bug scare grounds Qantas Rome‑Perth Dreamliner

Vera Chen, Sydney desk

Qantas cancelled flight QF6 on the Rome‑to‑Perth route after passengers on an earlier leg complained of bed‑bug bites. The Boeing 787 Dreamliner was sent for an extra‑cleaning regimen, prompting a flurry of indus…

Business · 12 October 2026

Larvotto hits high‑grade gold jackpot at Hillgrove and christens a new lode “Echidna”

Vera Chen, Sydney desk

Larvotto announced multiple high‑grade gold hits at its Hillgrove mine in NSW, including the Blacklode and Midas lodes and a newly discovered vein named “Echidna.” The find adds to the antimony‑gold potential of…

Business · 12 October 2026

Trump’s Odd Moscow Pact to Lower Oil Prices Likely to Falter

Vera Chen, Sydney desk

Donald Trump has struck an unusual agreement with Moscow aimed at reducing oil prices, but analysts say the plan is destined to fail.

Business · 12 October 2026

Greg Norman bites a Qantas wing‑tip souvenir, calls airline “Never‑On‑Time”

Vera Chen, Sydney desk

Golf legend Greg Norman snapped a piece of a Qantas wing‑tip souvenir at Sydney Airport and dubbed the carrier the “Never‑On‑Time” airline, prompting a flurry of commentary on the airline’s punctuality reputa…