Australia

ESR-Reit recovers around 75% of outstanding arrears from Australia rent default

2026-10-06T10:59:56.000Z
Nationally, property prices have fallen for six consecutive months. The declines have been steepest in Australia’s two biggest and most expensive cities: Sydney values, for instance, are down 8.6% from their February peak.

Australia’s property boom is unravelling. How bad will it get?

2026-10-05T07:26:02.000Z
Firmus is seeking to raise as much as US$5.5 billion, including a greenshoe option, in one of Australia’s largest-ever IPOs.

Data centre operator Firmus said to plan allocating half of IPO to existing investors

2026-10-05T03:38:51.000Z
Bookbuilding for the Firmus IPO will begin on Tuesday and the stock is due to start trading on the Australian Securities Exchange on Oct 23.

US$5 billion Firmus IPO divides investors after valuation trebles in two months

2026-10-04T08:24:33.000Z
The company has apologised for its AI models breaching Australian government websites and pledged to establish a new task force with local experts for the country.

OpenAI scraps debut of AI model as it sets new guardrails

2026-09-29T12:15:39.000Z
The RBA’s 100 bps of tightening this year has more than reversed the 75 bps of policy easing from 2025.

Australia’s central bank lifts rates to 15-year high, signals risk of further hikes

2026-09-29T09:51:41.000Z
The Australian government has announced a rapid review into the breach, examining potential notification and reporting obligations of AI companies.

OpenAI apologises for Australian government website hack, pledges to rebuild trust

2026-09-29T04:28:22.000Z
A protest sign is displayed outside a home in the suburb of Lane Cove, Sydney, Australia, Aug 25, 2026.

Sydney data centre plan scrapped by developer after community backlash

2026-09-29T00:35:31.000Z
OpenAI’s Sam Altman (left) and Anthropic’s Dario Amodei have been sent written requests to appear at the inquiry in Canberra on Oct 1.

OpenAI, Anthropic CEOs called to Australian AI inquiry days after Medicare breach

2026-09-27T05:44:48.000Z
The decline in activity and clearance rates is a further sign of a slowdown in Australia’s previously red-hot housing market that is driving down prices.

Australian home auction clearance rate hits 10-week low as looming rate hike threatens deeper slowdown

2026-09-27T03:51:08.000Z