The Market Online

Thankfully, we have moved on. Coins. Notes. Banks. Credit cards. Online banking. Digital wallets. And now we’re steadily moving towards a world where cash barely gets a look-in. Have you ever tried to pay cash at the register and got “THE LOOK”? You know the one. The slight pause. The raised eyebrow. The silent question: “Cash? Really?” So where does all this end up? Well, each step has made it easier, faster and more efficient to move and record value.

Upgrading 92-year-old power station on South Island Investing between NZ$440 million and NZ$510 million over next ten years Currently generates enough electricity for about 51,000 homes Increasing station’s available capacity from 105MW Meridian Energy (ASX: MEZ) has revealed it will invest between NZ$440 million and NZ$510 million over the next ten years upgrading its 92-year-old Waitaki Power Station on New Zealand’s South Island.

ASX today – Following yesterday’s RBA rate increase the early indications point to a roughly flat opening ahead of a likely volatile session. The SPI 200 futures are sitting at around 8,721, suggesting an initial gain of roughly 0.1–0.2% from Tuesday’s close of 8,709.3. Wall Street was again down: the S&P 500 fell 0.2%, the Dow was down 0.3% and the Nasdaq slid 0.1% overnight. The US 10-year yield was sitting at around 5.25%, creating a headwind for equities.

Assays continue to confirm multiple zones of significant antimony and gold mineralisation Results confirm the continuity of mineralisationn The 2026 exploration program designed to convert current foreign resource estimate Surface diamond drilling and underground coring continues Krakatoa Resources (ASX: KTA) has reported further significant antimony and gold mineralisation from the second batch of assay results from its initial 2026 drilling program at the Zopkhito antimony-gold project in...

Full ownership to be acquired and all outstanding milestone payments across to be removed Increases upside from any future discovery, resource upgrade and development Maiden RC drill program to test high-grade zones defined at Gingarrigan prospect Drilling planned for October 2026 Accelerate Resources (ASX: AX8) has executed binding agreements to consolidate 100% ownership of the Woodie Woodie North manganese project in Western Australia’s north.

The RBA has done what everybody expected and raised interest rates to a 15-year-high for the country; the national bank rate now sits at 4.6%. That raise is the fourth in recent history after moving ahead with three rate cuts last year. While the war in Iran has exacerbated things, existing pressures from the COVID era never actually went anywhere. So, the RBA is now in the position of having undone every cut it’s made last year, and then some with today’s raise.

Western Australia is regarded world-wide as a gas producing powerhouse. Since the first domestic gas production flowed in 1984 and then five years later the start-up of LNG shipments from the North West Shelf Venture project to Japan began, WA gas has provided critical energy to customers around the world. 40 plus years later, WA’s northern offshore gas fields continue to power the state and its Asian neighbours. But there is a cliff looming with gas resources in decline and exploration stagnant.

With more than 600k average monthly users on the HotCopper forums, each and every discussion can move markets. That’s why getting in front of those red-hot trends is key for every trader worth their salt. In this daily HotCopper Trends column, we break down the top Oz stock movers through each trading day.

Firebrick Pharma (ASX:FRE) has formally earmarked its ambitions to penetrate the US retail market with its Nasodine (nasal iodine) product after hiring one Mr. Al Moghaddam as US commercial director. The company began developing an iodine-based nasal spray product during the COVID years with a view towards it being an anti-infective, but major approvals weren’t secured until after the pandemic subsided.

Could October finally deliver the ASX rebound investors have been waiting for? After a difficult September, Wealth Within’s Filip Tortevski and Pedro Banales examine three major stocks that could provide an early indication of whether buyers are preparing to return. First is BHP, where the recent selling has been more persistent than previous pullbacks during its strong run from the 2025 lows. The key area is around $60.