INDEPENDENT FINANCE NEWS FOR AUSTRALIA

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ASX

Listed Australian companies, earnings, dividends, takeovers and daily moves on the ASX.

ASX · 21 Oct 2026

ASX steadies after RBA warnings; NextDC collapses and banks lead gains

The ASX finished marginally higher after a volatile session, buoyed by bank strength but hit by a sharp sell-off in data centre operator NextDC. RBA deputy governor warnings about a worsening inflation outlook pushed traders to price a higher chance of a November rate move, lifting expectations of earlier further hikes.

ASX · 21 Oct 2026

Orbit uncovers thick massive-sulphide zone at Lewis Ponds, assays due in December quarter

Orbit Resources has visually logged 11.8 metres of massive and semi-massive sulphides at its Lewis Ponds project in NSW’s Lachlan Fold Belt, including a standout 3.55‑metre section estimated at 50% massive sulphides. Core is being prepared for assays due in the December quarter as the company advances drilling, metallurgical work and a spin‑out IPO for its rare earths asset.