ASX slumps as miners, banks fall; Oil prices jump

02-09-2026 02:43 via smh.com.au

ASX slumps as miners, banks fall; Oil prices jump

Another round of US military strikes on Iran sent oil prices higher, stoking worries about stubbornly high inflation and sparking a sharp drop on the ASX after the open.

Read more »

Profitable thrift store using 'smoke screen' to appear charitable, critics say

Profitable thrift store using 'smoke screen' to appear charitable, critics say

Inside the $2 billion thrift store expanding in Australia

Inside the $2 billion thrift store expanding in Australia

'Grossly inadequate': NT traditional owners plan to mandate mine rehabilitation

'Grossly inadequate': NT traditional owners plan to mandate mine rehabilitation

ASX set to rise as Wall Street climbs; Meta releases new AI model

ASX set to rise as Wall Street climbs; Meta releases new AI model

KPMG whistleblower slams ASIC's 'poor attitude' towards misconduct probe

KPMG whistleblower slams ASIC's 'poor attitude' towards misconduct probe

KPMG whistleblower says watchdog has to be 'dragged kicking and screaming'

KPMG whistleblower says watchdog has to be 'dragged kicking and screaming'

ASX set to rise as Wall Street climbs; Oil steadies

ASX set to rise as Wall Street climbs; Oil steadies

The political foes chasing down KPMG’s ‘wolves’ have not finished yet

The political foes chasing down KPMG’s ‘wolves’ have not finished yet

One Nation wants this coal plant kept open. Its owner warns that will spell trouble

One Nation wants this coal plant kept open. Its owner warns that will spell trouble

Rupert Murdoch 'very happy' to be played by Guy Pearce in new film

Rupert Murdoch 'very happy' to be played by Guy Pearce in new film

Armed gang raids security cars of gold in one of PNG's biggest robberies

Armed gang raids security cars of gold in one of PNG's biggest robberies

Armed gang carries out one of PNG's biggest robberies in history

Armed gang carries out one of PNG's biggest robberies in history

An armed gang carries out one of PNG's biggest robberies in history

An armed gang carries out one of PNG's biggest robberies in history

Apple’s value grew by $1b a day for 15 years under Tim Cook. But he had one big flaw

Apple’s value grew by $1b a day for 15 years under Tim Cook. But he had one big flaw