FEAR & GREED | Business News Afternoon Report | Record copper price boosts market
Dec 4, 2025
Markets are buzzing with the ASX 200 on the rise and household spending surging. Copper prices have hit a record high, benefiting major Australian miners. Meanwhile, ASIC raises alarms about inadequate whistleblower systems in many firms. In remote WA, six Chinese nationals have been discovered, prompting a response from Border Force. To top it off, severe heatwave warnings are in effect across several states. Stay informed about the latest market trends and significant developments!
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Markets Lifted By Miners And Spending
- The S&P/ASX 200 rose 0.3% driven largely by miners and stronger household spending data. Economists now see a higher chance of rate hikes next year as spending surged.
Record Copper Fuels Miner Rally
- Copper surged to a record high on tariff fears and rising demand for electrification metals. Australian miners like BHP and Rio Tinto logged strong gains as copper tightness boosted prices.
Strengthen Whistleblower Systems Now
- Companies should benchmark and improve whistleblower programs to avoid hidden misconduct. ASIC warns firms to adopt clear webpages, hotlines and trusted processes to surface wrongdoing.