The ASX is set to open higher following fresh records on two of Wall Street's major stock exchanges. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
A time-telling error in Telstra's GPS node caused a widespread network outage, locking phones into 'SOS only' mode and disrupting emergency calls. The issue stemmed from the Network Time Protocol (NTP) incorrectly broadcasting an old date, causing security certificates to appear expired.
Telstra's recent network failure, mirroring Optus's 2025 incident, has reignited debate over Australia's telecommunications policy. The article argues that prioritizing competition over essential service reliability, a legacy of 1990s reforms, has led to patchy networks and service failures, including for triple zero calls. A call for a national essential services network (ESN) is made.
A new study analyzing over 250 spider species has identified the brown huntsman (Heteropoda jugulans) as potentially the fastest spider on the planet, reaching peak speeds of 3.59 m/s. Researchers collected spiders globally and measured their running speeds, finding that body mass, not just size, influences speed.
Former BHP chief economist Huw McKay argues for robust government climate policies, like a carbon price, to drive decarbonisation at major resource companies. Leaked documents revealed BHP's delays in renewables projects and electrification, raising concerns about Australia's climate targets.
The NSW government has spent over $305,500 on legal fees defending controversial protest laws that were ultimately struck down by courts. These laws, enacted after the Bondi terror attack, were found to unconstitutionally burden political communication rights, leading to significant taxpayer expense.
A fire at the Huiteng Shoes factory in eastern China has killed at least 28 people, with many feared trapped. President Xi Jinping called for intensified search and rescue efforts following the blaze.
