Tech, bitcoin sell-off; Westpac bankers go bush; Amazon, Temu, Shein to dominate

Tuesday 18 November 2025

Tech stocks, bitcoin and some very big local companies are sold off, as investors fear higher interest rates. 

• Australia’s big energy companies come out in support of net zero by 2050. 
• Amazon, Temu and Shein are forecast to dominate the local online retail space within 12 months.
• Prime Minister Anthony Albanese says Australia won't co-host next year’s COP summit with Turkey.
• Westpac sends bankers to the bush.

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