News 18 June 2026

Etihad Orders 10 Boeing Jets, Raising Talk of Hard-to-Get 787 Slots
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Stock Market Today: Live Updates 10.07.2026

LIVEMarkets rolling coverageStarted: July 10, 2026, 4:00 AM EDTUpdated: July 10, 2026, 10:51 PM EDT Gold Stocks Draw Interest as NZ Pushes Forward on New Trade Rules July 10, 2026, 10:30 PM EDT. Export-focused primary sector names are back in focus with New Zealand working on trade rule changes outside of the WTO. The move could affect firms tied to agriculture, food, and similar exports as it might cut non-tariff barriers and subsidies. Two Australian gold producers-Capricorn Metals (ASX:CMM) and Ora Banda Mining (ASX:OBM)-are worth a look. Capricorn Metals, valued at A$6.08 billion, gets support from its Karlawinda and Mt
July 10, 2026
QBE Insurance outpaces ASX after cutting US$524 million debt
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QBE Insurance outpaces ASX after cutting US$524 million debt

QBE Insurance Group shares jumped on Thursday after the company redeemed a US$524.124 million subordinated debt issue. The stock was last at A$24.01, up 44 cents. The broader Australian market slipped, with the benchmark index down 0.62% to 8,911.1. The ASX cash market was yet to open for Friday when the data was set. QBE is shifting the make-up of its securities that figure in its regulatory capital. Subordinated debt sits junior to senior creditors if the company runs into trouble. Tier 2-eligible notes give insurers some extra loss absorption cushion.
June 18, 2026
Fortescue Stock Falls Below A$20 as China Demand Worries Hit Iron Ore
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Fortescue Stock Falls Below A$20 as China Demand Worries Hit Iron Ore

Fortescue Ltd shares finished below A$20 on Thursday, falling more than twice as fast as Australia’s main share index as softer iron-ore signals and renewed concern over Chinese construction demand hit the sector. The stock lost A$0.35 to A$19.97. The timing matters. Singapore’s July iron-ore futures were near US$99.35 a tonne in Asian trade, close to a three-month low, while the more heavily traded Dalian contract retreated. Futures are contracts that set a price for delivery at a later date. Falling oil and freight costs also removed some support from delivered ore prices.
June 18, 2026
PLS Group Shares Drop 3% to A$6.17 After China Lithium Futures Fall
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PLS Group Shares Drop 3% to A$6.17 After China Lithium Futures Fall

PLS Group opens Friday trading on the ASX after shares finished 2.99% lower at A$6.17. The stock tracked a sharp drop in Chinese lithium prices and dragged Australian battery-metal names lower. Thursday’s loss outpaced the broader market’s 0.62% drop. PLS is trading well above its early 2026 levels, after hitting a record A$6.81 earlier this month. The stock has already factored in a big rebound for lithium, which is making the market more sensitive to any pullback in the commodity.
June 18, 2026
Transurban Group Shares Trade Up After A$825 Million Bank Facility Hike
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Transurban Group Shares Trade Up After A$825 Million Bank Facility Hike

Transurban Group expanded its syndicated bank facility on Thursday, adding a fresh A$825 million four-year tranche that brings the facility up to A$3.475 billion. The company’s stapled securities finished at A$14.92, up three cents or 0.2%. Syndicated facilities bring together a group of banks to offer a credit line. The new, bigger facility gives the toll-road operator more room on its balance sheet. But the move also puts attention on funding costs again, with the Reserve Bank of Australia keeping its cash rate at 4.35% on Tuesday and warning inflation was “still too high”. More hikes could be ahead.
June 18, 2026
Northern Star Resources Stock Slips as Gold Selloff Tests Elliott-Fuelled Rebound
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Northern Star Resources Stock Slips as Gold Selloff Tests Elliott-Fuelled Rebound

Northern Star Resources Ltd shares pulled back on Thursday, giving up part of a sharp weekly recovery as weaker bullion prices clouded the outlook for Friday’s ASX session. The shares finished at A$21.50, down 35 Australian cents, after trading between A$21.14 and A$21.63. The retreat matters because the recovery is being priced before fresh operating evidence. Northern Star remains roughly one-third below its March high, leaving investors to weigh the prospect of faster corporate change against unresolved production concerns.
June 18, 2026
Evolution Mining shares drop 1.9% in Sydney as Fed stance weighs on gold
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Evolution Mining shares drop 1.9% in Sydney as Fed stance weighs on gold

Evolution Mining dropped 1.9% Thursday, hit by pressure on bullion and Australian gold stocks after a hawkish Fed, even as a broker lifted its view on the company. Shares finished the day at A$13.21, moving in a range from A$12.96 to A$13.25. Australian trading was closed at the Sydney dateline before Friday. Timing is key here. Macquarie upgraded Evolution to Outperform, telling clients it expects the stock to outperform the broker’s benchmark, but cut its price target 7% to A$13. The bank bumped up near-term profit estimates while dragging down its valuation multiple, so each dollar of forecast profit is now worth less. Evolution closed Thursday 21 cents over the new target.
June 18, 2026
Woolworths edges up 0.9% on defensive bids as ASX slides
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Woolworths edges up 0.9% on defensive bids as ASX slides

Woolworths Group Ltd ended Thursday up A$0.34 at A$38.12. The stock outperformed the broader Australian market, with investors favoring big, stable consumer shares. Volume picked up: about 3.76 million shares traded, jumping from 2.28 million the session before. Supermarket shares were up, standing out as global bond yields put pressure on tech and miners. “The defensive consumer staples sector lifted,” IG market analyst Tony Sycamore said. Defensive stocks like these are known for steady sales when investors worry about growth.
June 18, 2026
Qube shares up after ACCC approval for Macquarie-led $11.7 billion deal
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Qube shares up after ACCC approval for Macquarie-led $11.7 billion deal

Qube Holdings shares gained on Thursday. The ACCC cleared the company’s planned sale to a Macquarie Asset Management consortium. The ASX was shut overnight, leaving A$5.12 as Thursday’s last traded price. The clearance clears a key hurdle for the deal, which uses a court-supervised scheme of arrangement. The transaction values the business at about A$11.7 billion enterprise value, debt included. The deal would delist one of Australia’s top transport-infrastructure groups.
June 18, 2026
Goodman Group Drops 1.2% With Sector Slide Overshadowing A$2.65 Billion Brickworks Sale
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Goodman Group Drops 1.2% With Sector Slide Overshadowing A$2.65 Billion Brickworks Sale

Goodman Group ended down 1.2% on Thursday, dropping despite announcing a deal to grow its Australian industrial platform. Shares closed at A$32.31 after climbing to A$33.17 earlier in the session. Goodman is set to tighten its hold on major logistics sites by buying Brickworks’ stake in their industrial venture for around A$2.65 billion, as the group pushes ahead with a much larger data-centre development. Goodman Australia Industrial Partnership, or GAIP, and Goodman will cover the payment for the Brickworks industrial partnership interests.
June 18, 2026
Woodside Energy Shares Dip to A$28.62 After Oil Pulls Back; Company Says No Exxon Talks
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Woodside Energy Shares Dip to A$28.62 After Oil Pulls Back; Company Says No Exxon Talks

Woodside Energy Group shares closed at A$28.62 on Thursday, down 1.2%. The stock hit its session low at the close, bringing its two-day loss to about 4.7%. Volume was 6.6 million shares. Woodside shares slid as outside forces hit the stock. The S&P/ASX 200 Energy index shed 1.16% on Thursday, with investors cutting earnings forecasts for oil firms. Woodside supplies a lot of liquefied natural gas, or LNG, which is natural gas cooled into a liquid for shipping.
June 18, 2026
ANZ edges up, banks firm as RBA holds and Middle East fears ease
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ANZ Group stock extends rally to five days, bucks trend among Big Four banks

ANZ Group Holdings pushed higher for the fifth session on Thursday, defying a drop in the Australian market and declines for the three other big banks. Trading in the ASX cash market was shut at the dateline, with trading set to resume Friday morning. ANZ climbed 9 cents, or 0.26%, to A$35.14. Shares moved between A$34.875 and A$35.51. The bank has finished higher every session since closing at A$33.83 on June 11, up about 3.9% in that stretch.
June 18, 2026
Wesfarmers trades near A$86 as Bunnings keeps focus after heavy week
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Wesfarmers Stock Rises to A$85.78 as Kmart Opens K Home Concept

Wesfarmers shares edged higher on Thursday, outperforming a falling Australian market, while its Kmart division opened the first K Home concept store. The stock gained A$0.29 to A$85.78 after trading between A$85.12 and A$86.55; the benchmark index broke a four-session winning run. The store is a small operational trial, but the strategic question is larger. Kmart is testing whether its Anko private-label range can support a separate home proposition, including bulky products previously confined largely to online channels and standard stores with limited display space.
June 18, 2026
Westpac Share Price Drops 1.1% with Australian Bank Stocks Hit by Rate Uncertainty
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Westpac Share Price Drops 1.1% with Australian Bank Stocks Hit by Rate Uncertainty

Westpac Banking Corp finished Thursday in the red, pressured as traders pulled back from rate-sensitive banks following a more hawkish global view on rates. Commonwealth Bank dropped 0.90%, National Australia Bank slipped 0.88%. ANZ managed to buck the trend, edging up 0.26%. Higher rates don’t guarantee bank valuations will rise. “A higher-for-longer rate environment can help protect net interest margins, but it also risks softening credit demand and putting more pressure on borrowers,” Vantage senior market analyst Hebe Chen told AAP. Net interest margin is the spread between interest earned on loans and funding costs.
June 18, 2026
ASX 200 Drops 0.6% as Miners, Banks Weigh on Australia Stocks
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ASX 200 Drops 0.6% as Miners, Banks Weigh on Australia Stocks

ASX stocks ended their four-day run lower on Thursday. Fresh anxiety over U.S. rates hit miners, banks and tech names. The local cash market was shut at press time, set to reopen Friday. Stocks slipped after a four-day rally pushed the benchmark to a two-month high. Materials, property and financial shares, which had climbed in that stretch, lost ground as traders looked again at borrowing costs and global demand.
June 18, 2026
FTSE 100 Steady As Tate & Lyle’s $3.6 Billion Deal Drives Action In London
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FTSE 100 Drops 1% on Weakness in Miners and LSEG

FTSE 100 drops below 10,400 as miners, tech slide after Bank of England holds rates Britain’s blue-chip FTSE 100 index tumbled Thursday, giving up all of Wednesday’s 0.14% rise after weaker mining and tech shares pulled the market lower, even as the Bank of England held borrowing costs. The FTSE 100 fell back under 10,400. Fed's timing grabbed attention. On Wednesday, the central bank held its target rate between 3.5% and 3.75%. Still, nine policymakers signaled rates could climb before year-end. That hawkish tilt pushed down demand for shares that react most to rates and for growth stocks.
June 18, 2026
Macquarie at Record as AGM Pay Vote Brings Back Board-Spill Risk
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Macquarie at Record as AGM Pay Vote Brings Back Board-Spill Risk

Macquarie Group shares climbed to a new high on Thursday, up for the fifth straight session, while the Australian market slipped. The move followed the previous day’s release of annual meeting papers from the investment bank, which again put executive pay and a potential board spill to shareholders. Timing is key here. Investors have put money behind Macquarie’s trading income and better returns, but July’s vote is set to show if those gains have calmed long-running worries about risk controls, regulation mishaps, and the group’s high pay. The stock’s steady run points to earnings staying the top focus right now.
June 18, 2026
CSL share price creeps up while ASX rally puts biotech to the test
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CSL Edges Up 1.2% While ASX Slips, Investors Test Turnaround

CSL Limited ended Thursday at A$108.08, up A$1.29. Shares traded between A$105.90 and A$108.44 during the session. The broader Australian index dropped 55.2 points to 8,911.1. S&P/ASX 200 ended its four-day winning streak. Still, healthcare names gained 0.35%, with buyers stepping in for weaker medical stocks. CSL led the group, climbing faster than the broader sector.
June 18, 2026
NAB shares trail ASX 200 as RBA rate outlook stays in play
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National Australia Bank share price falls 0.9% as hawkish Fed hits ASX banks

National Australia Bank shares lost 33 Australian cents to A$37.34 on Thursday, moving lower with the wider banking sector. The Australian market was closed ahead of Friday trade after the benchmark index snapped a four-session winning run. The peer moves pointed to a broad interest-rate trade rather than a clean NAB-only sell-off. Commonwealth Bank fell 0.90% and Westpac lost 1.12%, while ANZ bucked the pressure with a 0.26% gain.
June 18, 2026
CBA climbs with ASX 200 steady after RBA keeps rates on hold
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CBA slips 0.9% in Sydney with rate pressure holding

Commonwealth Bank of Australia dropped 0.9% Thursday, finishing at A$162.23 as global rate worries pressured Australian banks. The S&P/ASX 200 gave up 55.2 points to close at 8,911.1. Sydney trading was closed at publication. CBA’s drop is key because the Reserve Bank of Australia pausing rates hasn’t removed investor worries about the stock. Higher borrowing costs could stick around or even go up while households are already showing some pressure. Morningstar’s Nathan Zaia said this week that Australian bank stocks remain “expensive after the share-price correction.”
June 18, 2026
BHP trades close to year high, India steel hopes offset China drag
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BHP Heads Back to ASX After $2.3 Billion Jansen Writedown

BHP Group lifted the budget for Stage 2 of its Jansen potash project in Canada, adding US$2 billion and announcing a US$2.3 billion impairment, cutting the value listed on its balance sheet. The cost move came after Sydney closed and triggered a bigger reaction in London. BHP’s Jansen project faces a fresh setback just days before Brandon Craig is set to take over as CEO from Mike Henry on July 1. The potash mine is key to BHP’s push for earnings beyond iron ore and copper, but the latest cost overrun puts more pressure on Craig’s start.
June 18, 2026
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