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8 October 2026

Westpac sees raft of negatives for near term economic outlook

Downunder Voices Newsroom

Source reporting: rnz.co.nz

Westpac sees raft of negatives for near term economic outlook

Factors include high fuel prices, higher interest rates, the weak New Zealand dollar, continued high unemployment.

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8 October 2026

Firmus pulls biggest ASX float since Telstra amid investor doubt about datacentre company

The offer would have been the biggest debut on the stock market since the telecommunication giant in 1997 Firmus Technologies has scrapped what was set to be Australia’s biggest company listing in decades after investor demand for its much-hyped AI data centre business failed to materialise. A Firmus spokesperson said the board decided that proceeding with the offer was no longer in the best interests of the company and its shareholders.

Source: The Guardian WorldOriginal source

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