$12.6b gold deal; China launches missile in the Pacific; SBS wins at FIFA World Cup

Tuesday 7 July 2026

The gold sector is set for a shake-up with a $12.6 billion merger under consideration. 

• The Commonwealth Bank warns that the slumping housing sector could replace the Middle East war as the main obstacle for the local economy
• Australia does a deal with Fiji, as China tests a nuclear capable long range missile 
• Meta defends its business model that allows racist and sexist commentary on its platform
• Why SBS is the winner at the FIFA World Cup

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