Australia Briefing

Gina Rinehart doubles stake in rare earths firm

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Stock information reflected in a window at the Australian Securities Exchange (ASX) in Sydney, Australia, on Tuesday, Aug. 12, 2025. — Stock information reflected in a window at the Australian Securities Exchange (ASX) in Sydney, Australia, on Tuesday, Aug. 12, 2025. Photographer: Lisa Maree Williams/Bloomberg

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By Paul-Alain Hunt

October 28, 2025 at 9:24 PM UTC

Good morning, it’s Paul-Alain Hunt from the Melbourne bureau. The ASX is set to open flat. But first, here’s the headlines you need to know.

Today’s must-reads: