Markets nervous as oil surges; Aussies shift to the regions; foldable iPhone lands in Australia

Monday 26 October 2026

Financial markets remain on tenterhooks as oil prices surge ahead of inflation figures this week. 

• Australians are shifting from big cities to regional areas in near record numbers
• Apple’s new foldable iPhone is launched, with mixed reviews
• The owner of Thredbo ski village and Event Cinemas hopes upcoming blockbusters can make up for the lack of snow last winter
• Barack Obama unloads on the Trump administration

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