Major Commonwealth Bank Outage Leaves Users Locked Out of Accounts

Major Commonwealth Bank Outage Leaves Users Locked Out of Accounts

On October 2, 2025, Commonwealth Bank of Australia (CBA) experienced a major outage that locked users out of critical banking services. The disruption impacted online access, payments, and ATM withdrawals. At peak, more than 7,137 outage reports were logged on Downdetector shortly after midday AEST. This outage is not isolated: CBA has seen multiple digital…

Gladstone

Gladstone Coal Plant to Shut Down Six Years Ahead of Schedule

Australia is witnessing a major turning point in its energy transition. The announcement that the Gladstone coal plant will shut down six years earlier than expected marks a significant moment in the nation’s shift away from fossil fuels. This decision comes amid rising global climate pressures, government commitments to net-zero emissions, and increasing competition from…

BHP Iron Ore

BHP Iron Ore Faces Risk as Albanese Responds to China Import Reports

Australia’s iron ore trade is back in the spotlight. On September 30, 2025, reports from China hinted at possible changes in its iron ore import plans. For us, this matters a lot. Why? Because iron ore is not just another export. It is Australia’s single biggest money earner, and China is the top buyer. BHP,…

Asian Shares

Asian Shares Mixed as Traders Downplay US Government Shutdown Risk

Asian shares are trading in mixed territory today as markets digest U.S. political drama. The threat of a U.S. government shutdown looms, but many traders are treating it as background noise rather than a crisis. Some indexes are up, some are down, and overall movement is cautious. We see this mix because global and regional…

DroneShield

Markets Update: ASX Dips, DroneShield Momentum Continues

On October 1, 2025, the Australian share market opened weaker, extending the cautious mood we have seen in recent weeks. The ASX 200 slipped, with investors reacting to softer commodity prices and ongoing worries about global growth. Many sectors struggled to find direction. Banking and mining stocks were under pressure, while defensive sectors held steady….

Woodside

Woodside Partners with KEPCO, Suiso for Hydrogen Supply Chain Push

The global energy landscape is changing fast, and Woodside has taken a major step toward shaping the future of clean fuel. The Australian energy company has signed an agreement with Korea Electric Power Corporation (KEPCO) and Suiso to build a sustainable hydrogen supply chain. This partnership strengthens regional energy security while positioning Woodside as a…

Job Vacancies

Australian Job Vacancies Decline in August as Private Sector Slows

The Australian labor market faced a shift in August as job vacancies declined, signaling a slowdown in the private sector. After months of resilience, the pace of hiring began to weaken, raising questions about the strength of the economy heading into the last quarter of the year. This development highlights growing concerns about consumer spending,…

Australian Central Bank

Australian Central Bank Criticizes ASX Over Settlement System Issues

The Australian Central Bank has voiced strong criticism of the Australian Securities Exchange (ASX) for persistent challenges surrounding its settlement system. These concerns have drawn widespread attention in financial circles, raising questions about the reliability of Australia’s financial infrastructure, investor confidence, and the future of the nation’s stock market operations. Background of the Settlement System…

Assie Suburbs

Aussie Suburbs Defy Property Slump Despite $167K Price Falls Elsewhere

The Australian property market has always been a subject of debate. Rising interest rates, tighter lending conditions, and global uncertainty have all put pressure on house values. Yet, while many regions are experiencing a decline, Aussie suburbs are defying the broader slump.  This resilience has surprised analysts and raised questions about what makes these areas…

Superannuation

Experts Warn Gen Z: Superannuation Use for Property Risks $195K Loss

Superannuation is one of the most important tools for building long-term wealth. It is designed to support Australians in retirement, offering tax benefits and steady growth over time. However, recent warnings from financial experts highlight a rising concern: younger generations, particularly Gen Z, are considering dipping into their superannuation to buy property. While the idea…