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Fire, floods disasters; BHP closes on CBA as top stock; rate cut guessing game
Published 2 months ago
Description
Monday 12 January 2026
Fires in Victoria and floods in Queensland threaten lives and property, as federal and state governments step in to offer financial assistance.
- BHP closes in on Commonwealth Bank in the race to be the country’s largest company.
- Investors and economists are split on whether the Reserve Bank will hike rates in 2026.
- Rio Tinto and Glencore in discussions to create the world’s biggest ming company.
- Investors take a punt that a $13 billion bid for BlueScope Steel will ultimately succeed.
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