PM backs down on defence sales; On’s big plans for Aussie runners; midterms fallout

 

Monday 9 November 2026

Prime Minister Anthony Albanese attempts to regain the political initiative by backing down on the sale of some defence assets, and talking up the government’s battery subsidy scheme.

  • Weekend auction results after the fifth rate hike of the year come in around 50pc
  • The Roger Federer backed On running brand looks to push further into Australia
  • There might be a cost-of-living crisis, but car sales, especially EVs, keep booming
  • The biggest losers from last week’s US mid-terms appear to be AI centres and Elon Musk

 

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FEAR & GREED | Business News

Daily business news for people who make their own decisions, with business journalist Sean Aylmer an…