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Can modular apartments save Australia’s housing pipeline?

Apartments.com.au chief executive Mike Bird says factory-built modular homes could help revive Australia's stalled apartment pipeline. National apartment approvals fell almost 25 per cent in August, to 3,268. Mr Bird says many approved projects have not moved because the numbers do not work. He says building modules in a factory alongside site works can save months and reduce costs. The Commonwealth Productivity Commission estimates such homes can cost up to 20 per cent less and take up to 50 per cent less time to build.

ABC News Just In· Just nowBREAKING

Live: Anthropic to hit stock market with 'eye-popping' growth and massive losses

Anthropic, the artificial intelligence company behind Claude, has disclosed strong revenue growth alongside widening losses in a filing to list its shares on Wall Street. The float news helped drive a rally in US technology stocks, while ASX futures have been moving up and down. Business reporters are tracking the day's financial developments on a live blog, which carries a disclaimer that it is not investment advice.

Wired AI· Just nowBusiness

Why Anthropic’s IPO Prospectus Is Missing So Many Key Figures

Anthropic's IPO prospectus, known as an S-1, omits several financial figures, including results for its most recent quarter and some lease agreements tied to compute investments. Experts say the gaps are common before a listing and may be filled in before the company goes public. Accounting professors say companies can be liable for misstatements, so they often wait until figures are vetted. Anthropic's footnotes estimate future minimum payment obligations of at least $808 billion across compute and infrastructure agreements. Analysts say the redactions could leave investors with an information gap.

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realestate.com.au· Few hours agoProperty

‘You’re old’: 1980s party pad sparks retro divide

A 1980s acreage home at Mudgeeraba on the Gold Coast has hit the market for the first time in 43 years. Its green stone bathrooms, red vinyl bar and tiki-style outdoor area have divided members of a vintage property group. Some members argue the 1990s is retro and the 1980s is marginal, while others say the era has become the new 70s. The 4,106 square metre creekside property is being marketed through an expressions of interest campaign with Karen McDonald of Coastal.

TechCrunch AI· TodayBusiness

Anthropic’s IPO filing reveals its strategy for keeping enterprise customers hooked

Anthropic's filing with the Securities and Exchange Commission shows that more than half of customers spending at least $100,000 a year now use both its Claude platform and a first-party app. That share was about 30 per cent at the end of last year. As of September 30, the company had more than 11,900 customers spending at least $100,000 a year. The filing says the company's cross-product approach is driving usage growth, and it lists risks including reliance on cloud partners that are increasingly competitors.

Wired AI· TodayBusiness

The Anthropic S-1 Filing Is Also an AI Doomsday Primer

Anthropic's prospectus for its initial public offering devotes 94 pages to risk factors. It warns that advanced AI systems could pose catastrophic or existential risks to humanity if not developed with proper safeguards. The filing points to recursive self-improvement, where AI systems take over AI research, as a key concern. Anthropic also calls this process closing the loop and describes it as a major advantage. Critics, former employees and some members of Congress have raised concerns, and a bill backed by Bernie Sanders proposes a ban on the practice.

ABC News Just In· TodayBusiness

Anthropic files to list on stock market in potential $US1.5tn float

AI company Anthropic has disclosed steep losses and rapid revenue growth in its US initial public offering filing. Its net loss in the first half of 2026 widened sharply to $US80.7 billion, largely due to a rise in the fair value of convertible bonds. Revenue grew 1,368 per cent in the three months to June 30 from a year earlier, though the company warned that growth could decline over time. Some investors are reportedly valuing the company at about $US1.5 trillion. The company will trade on the Nasdaq under the ticker symbol ANT once the offering closes.

Wired AI· TodayBusiness

Anthropic’s IPO Prospectus Reveals What’s Under the Hood

Artificial intelligence company Anthropic has filed paperwork ahead of a planned initial public offering on Nasdaq under the ticker ANT. The filing shows revenue rising to more than $16 billion in the first half of 2026, but the company still posted a net loss of $80.7 million. The prospectus lists a wide range of risks, including catastrophic harm from advanced AI and possible misuse by hackers or governments. It also flags the impact of the Trump Administration's decision to designate the company a supply-chain risk.

TechCrunch AI· TodayBusiness

Anthropic officially files for its public debut

AI company Anthropic has filed for an initial public offering, planning to list under the ticker ANT. Its filing shows revenue of $16.3 billion for the first half of 2026, up from $1.2 billion a year earlier, alongside a net loss of $80.7 billion. The company says it may not achieve or sustain profitability. Seven co-founders will hold 50.1% of shareholder voting power, a structure Anthropic says protects its AI safety mission. Critics note public shareholders will have little practical control. The offering size and share price have not yet been disclosed.

Guardian AU· TodayBusiness

How tall are the AI datacentre power poles that sparked a community backlash in Melbourne?

Australia's largest datacentre operator, NextDC, has faced a major setback in plans to double the size of its west Melbourne facility. The expansion requires more electricity, and the planned upgrade by Jemena to taller concrete poles has been delayed. Delays stem from safety concerns, limited site access due to community and stakeholder opposition, and the local council not approving 22-metre poles. NextDC's share price fell from more than $9 to $5.69 last week. The companies are now considering alternative pole locations through industrial zones or underground connections.

Michael West Media· TodayBusiness

Artificial intelligence giant Anthropic files for IPO

Artificial intelligence company Anthropic has filed for a US initial public offering, setting up a Wall Street debut next month. Its filing shows a net loss of $US80.7 billion in the first half of 2026, mainly driven by a rise in the value of convertible bonds, while revenue was about $US16.3 billion. Some investors now value the company at about $US1.5 trillion, down from roughly $US2 trillion a week earlier. Anthropic will trade on the Nasdaq under the ticker symbol ANT. The company has also warned that its AI models could show self-preserving behaviours, including attempts to resist shutdown.

Kendra News Australia· TodayTechnology

NASA, Partners Accelerate Lander Development for 2028 Moon Missions

NASA and its commercial partners Blue Origin and SpaceX have streamlined lander designs and changed how their crewed landers will operate for Moon missions. NASA plans to return astronauts to the lunar surface in 2028 and establish a Moon base. Under the revised plan, the landers and the Orion spacecraft will meet in different orbits, and both companies must complete uncrewed demonstration missions first. Artemis III has been redefined as a test of rendezvous and docking in low Earth orbit next year. NASA has also added development milestones to increase its oversight of lander work.

ABC News Just In· TodayPolitics

NSW premier says barracks sale a 'big missed opportunity'

NSW Premier Chris Minns has called on the federal government to reverse its plan to sell Victoria Barracks in Paddington. He said the sale would be a big missed opportunity and that the community wanted the site kept for defence use. Defence Minister Richard Marles defended the move, saying the site is not fundamental to national defence and costs $200 million over the next decade to secure. Defence says most of the roughly 500 personnel on the site will move out before the end of 2026, with many shifted to Randwick Barracks.

Shire of Cranbrook (WA)· TodayProperty

AUCTION – Lot 2:2014 Komatsu PC138US-8 Hydraulic Excavator Closing 12PM, 27 October 2026

The Shire of Cranbrook has a Komatsu excavator listed for auction on the Smith Broughton website. Bidding is open and closes at 12:00 pm on 27 October.

ABC News Just In· YesterdayBREAKING

Market puts chance of November interest rate hike above 60pc — as it happened

Australian share markets reversed an early steep fall to finish slightly higher, with traders now pricing in a chance above 60 per cent that the Reserve Bank lifts interest rates at its meeting next Tuesday. Oil prices pulled back from Friday's jump but still sit at elevated levels. Mining stocks gained as commodity prices rose. The live coverage also gathers the day's business headlines and analysis from specialist reporters, and carries a note that it does not constitute investment advice.

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PS News· YesterdayBusiness

How over 60s are cutting hours and topping up their pay

Australians aged 60 and over can access their super through a Transition to Retirement pension while still working. Drawdown limits apply, with a minimum of 4 per cent and a maximum of 10 per cent of the fund balance. Access Wealth Group owner Brendan Doherty says the strategy can help people reduce debt, scale back work or lift super contributions without a matching drop in take-home pay. From age 65, or after ending employment following 60, drawdown limits lift and earnings on eligible pension assets become tax-free. Rules vary for some public sector schemes, so individual advice is recommended.

MyCity Logan· YesterdayProperty

Businesses on hold for a $4.8m labour of love

Volunteers from across Australia and overseas are working unpaid on a $4.8 million expansion of the Brisbane Assembly Hall of Jehovah's Witnesses on Green Road in Park Ridge. More than 1000 are expected to contribute. Project coordinator Neil Ahles said 131 volunteers helped complete internal demolition in the first two weeks. Some have taken up to three months away from work or put their businesses on hold. The project includes a Bible Education Centre and accommodation, with completion expected in September 2027.

Kendra News Australia· This weekBusiness

Australian Economy Grows 2.3%, but Household Gains Remain Modest

Australia's economy grew by 2.3 per cent in the 2025–26 financial year, according to figures released by the Australian Bureau of Statistics. Output per person rose by only 0.8 per cent, which the figures attribute to population growth. Households saved a larger share of their income, with the saving ratio rising to 6.1 per cent from 5.5 per cent. The Consumer Price Index rose 4.0 per cent in the year to August 2026, and unemployment reached 4.7 per cent in September.

WAtoday· This weekProperty

First home buyer pays $1.3m for inner south warehouse conversion

A first home buyer paid $1,305,000 for a two-bedroom apartment in Alexandria on Saturday, $55,000 above the reserve. The converted warehouse unit at 2/145 Belmont Street drew five active bidders. The new owner, who has been renting locally, said cooling market conditions gave him confidence to wait before buying. In Mosman, a five-bedroom home in Beauty Point passed in at $9.85 million after a vendor bid. In Huntleys Cove, a ground floor apartment sold for $1.97 million, $20,000 above its reserve.

Region TNQ· This weekBusiness

Points uncovers Australia’s loyalty program craze, and how to master the art of earning and spending

Management consultant David Moloney has published Points: Mastering the Game of Frequent Flyers, a book examining how loyalty programs have become major commercial forces. He uses Qantas Frequent Flyer, which has more than 18 million members, as a case study. Moloney argues that frequent-flyer points now act as a new kind of currency that shapes how Australians spend and travel. The book covers how members can earn and spend points, reach higher status and keep up with program changes. It is priced at $34.99.

Language

Can modular apartments save Australia’s housing pipeline?

Live: Anthropic to hit stock market with 'eye-popping' growth and massive losses

Why Anthropic’s IPO Prospectus Is Missing So Many Key Figures

Your suburb’s news, alerts and Shorts — in one app

‘You’re old’: 1980s party pad sparks retro divide

Anthropic’s IPO filing reveals its strategy for keeping enterprise customers hooked

The Anthropic S-1 Filing Is Also an AI Doomsday Primer

Anthropic files to list on stock market in potential $US1.5tn float

Anthropic’s IPO Prospectus Reveals What’s Under the Hood

Anthropic officially files for its public debut

How tall are the AI datacentre power poles that sparked a community backlash in Melbourne?

Artificial intelligence giant Anthropic files for IPO

NASA, Partners Accelerate Lander Development for 2028 Moon Missions

NSW premier says barracks sale a 'big missed opportunity'

AUCTION – Lot 2:2014 Komatsu PC138US-8 Hydraulic Excavator Closing 12PM, 27 October 2026

Market puts chance of November interest rate hike above 60pc — as it happened

Your suburb’s news, alerts and Shorts — in one app

How over 60s are cutting hours and topping up their pay

Businesses on hold for a $4.8m labour of love

Australian Economy Grows 2.3%, but Household Gains Remain Modest

First home buyer pays $1.3m for inner south warehouse conversion

Points uncovers Australia’s loyalty program craze, and how to master the art of earning and spending

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