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Firmus Float Collapses as ASX Closes at 8,716.6 and Canberra Probes Weston Crash
Australia's Saturday papers lead with Firmus withdrawing its blockbuster listing, a Friday rally in tech stocks, Treasury's surcharge backflip, and the aftermath of a Weston shop-front crash.
BusinessNvidia-Backed Firmus Pulls Blockbuster ASX Application After Price Talks Collapse
Firmus withdrew its ASX application on Friday after talks to cut the offer price from $11 failed, scrapping a listing that would have valued the Nvidia-backed data-centre builder above $43 billion.
Today's picks
StocksWiseTech Rebound Lifts ASX 200 to 8,716.6 Close as Paladin Energy Hits December Low
SecurityACT Police Investigate Weston Shop-Front Crash as Five Women Recover in Hospital
PoliticsConstitutional Expert Labels Marrickville Golf Grant Grey Corruption at Senate Inquiry
SportsAFL Approves Five-Club Mega Trade as Port Adelaide Banks Picks 6 and 10
EntertainmentResident Evil Crosses 11 Million Locally While Verity Keeps Top Spot After Holiday Weekend
AICSIRO Epistemic Safety Report Tests Whether Mortgage Bots Can Mislead Human Overseers
OpinionOpinion: Firmus Withdrawal Proves Super Funds Were Right to Sit Out the AI Listing Frenzy
Credit CardsWestpac Advertises 6.24 Percent Variable Home Loan Floor After RBA Repricing Wave
TechnologyTelstra Switches On Perth-Sydney Aura Fibre Route as Ciena Hits 1.6 Tb/s on Live Network
ScienceCSIRO Opens Carbon-Capture Materials Accelerator Targeting Mine Brine and Flue Gas
HealthGP Clinics Raise Consult Fees After Checkout Surcharge Ban Hits Practice Software Bills
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Also worth your time
CSIRO Opens Carbon-Capture Materials Accelerator Targeting Mine Brine and Flue Gas
CSIRO is accelerating work on carbon-capture materials that can bind industrial CO₂ to mine brines, part of a broader push to commercialise hard-to-abate emissions technology for Australian industry.
GP Clinics Raise Consult Fees After Checkout Surcharge Ban Hits Practice Software Bills
General practices and private hospitals are lifting out-of-pocket fees as the nationwide ban on card surcharges removes a pass-through that once covered terminal and software costs.
Westpac Advertises 6.24 Percent Variable Home Loan Floor After RBA Repricing Wave
Westpac lifted advertised variable home-loan rates again after the Reserve Bank's September move to 4.6 per cent, posting a 6.24 per cent floor rate that sets the benchmark other majors are matching for new borrowers.
Telstra Switches On Perth-Sydney Aura Fibre Route as Ciena Hits 1.6 Tb/s on Live Network
Telstra activated its Perth–Sydney Aura fibre corridor this week, adding the longest span in a $1.8 billion network build as Ciena demonstrated 1.6 terabits per second on the Melbourne–Sydney leg.