Mining stocks tumble as banks bounce; Apple’s new slim iPhone; Ellison v Musk

Thursday 11 September 2025

A mega mining merger and China fears trigger a massive sell-off in local mining companies, but the big banks save the day. 

And more, including:

• Apple launches a new super slim iPhone. 
• Oracle’s Larry Ellison on track to overtake Elon Musk as the world’s richest person. 
• The federal government spends up big on underwater drones
• Housing affordability tumbles.

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