Economy · June 2026

Activist investor Elliott Management is pushing Australia’s largest gold miner to consider a sale, according to multiple reports. The hedge fund has urged the company to explore strategic alternatives, including a potential sale of the business. Elliott has built a stake in the miner and is calling for a review of its operations to unlock shareholder value. Australia’s wheat crop is set to plunge, the government said, citing weather and higher input costs. China’s Ministry of Commerce flagged that Australian beef imports are nearing the threshold that would trigger an additional 55% tariff. Australia has gained access to an AI model previously described as ‘too dangerous to release’, the government announced.