A business owner says he has had strong support from his community as he investigates launching a class action over recurring phone and internet outages.

The RBA's final meeting for 2024 saw the central bank leave interest rates on hold once again, but talk increased of a possible rate cut in February, as the ASX lost ground.

The Arnhem Space Centre will cease operations effective immediately, the company behind it says, while unveiling plans to move the facility to Cape York in Queensland.

The NSW Upper Hunter is in the Coalition's sights for a nuclear reactor. An inquiry held on Tuesday in Muswellbrook has highlighted fears about the future of employment in the region, but there was no mention of the string of earthquakes that hit in recent months.

The Victorian government has green lit environmental plans for two mineral sands mines in western Victoria, which will cover a combined 5,000 hectares of agricultural land.