Morning business roundup
Join over 8,000 subscribers who receive markets and economic news delivered straight into their inbox every morning.
By subscribing to the Morning Business Roundup you acknowledge that your email address will be provided to a third party for the purposes of supplying this service. To understand how we handle your personal information, refer to Netwealth’s Privacy Policy, or contact us via contact@netwealth.com.au.
Australian Market Report: After edging lower in early trade and then jumping as much as 1 per cent at lunchtime, the S&P/ASX 200 closed up 20.8 points, or 0.3 per cent, at 8481.80. .... [more]
U.S. Market Report: Wall Street's main indexes advanced on Tuesday, as investors cheered a report signaling potential de-escalation in the Middle East conflict that has set the S&P 500 and the Dow on track for their biggest monthly decline in nearly four years..... [more]
European Market Report: European stocks traded higher on Tuesday after reports emerged that the Trump administration is willing to end U.S. military operations against Iran even if the Strait of Hormuz remains largely closed..... [more]
Asian Market Report: Asian stocks turned in a mixed performance on Tuesday as investors digested conflicting signals from the ongoing war in the Middle East..... [more]
The oil shock has completely reshaped Australia’s petrol price cycle. Australian petrol prices tend to follow predictable cycles, but they’ve all gone out the window in recent weeks..... [more]
The working from home debate is heating up amid the fuel crisis, with fed-up Aussies revealing how much it is really costing them to go to work right now..... [more]
Fair Work abolishes junior pay rates for adult workers, with half a million young Australians to be paid more. Union celebrates ‘landmark decision’ that will mean adults aged 20 or younger are no longer paid less. .... [more]
Perth homes prices grew a record $69,000 over three months — or $5750 every week — with new Cotality data showing the median dwelling price has crashed through the $1 million barrier for the first time..... [more]
House prices rise for first quarter of 2026, but 'widening divergence' between capital cities paints future picture.... [more]
Debit and credit card surcharges will be gone by October under Reserve Bank reforms, with big banks likely to foot the bill for the cost-of-living measures. The new rules, announced on Tuesday.... [more]
Businesses warn of price rises from RBA’s surcharge ban.... [more]
What investors need to know navigating fraught geopolitics. Fisher Investments Australia reviews how investors should approach a seemingly tense environment.... [more]
The thin line between investing and gambling. The line between speculation and investing continue to blur..... [more]
ChartWatch ASX Scans: Whitehaven Coal, New Hope Corp, BetaShares Global Energy ETF, Domino's Pizza, Flight Centre. The most interesting uptrends and downtrends on the ASX with technical analysis from an expert..... [more]
Self-directed investors turn to ETFs.... [more]
Hastings Technology Metals has pulled a rabbit out of the hat after putting its foot on a 49 per cent stake in a brand new, bargain-priced rare earths hydrometallurgical plant in Thailand that has not yet fired a shot..... [more]
ASX-listed Auric Mining has posted a $5.2 million net profit for the 2025 financial year, capping off a breakout period that saw the company surge into the ranks of bona fide gold producers.... [more]
West African Resources Shares Build Momentum Following Record 2026 Production Guidance.... [more]
St George links up with global firm for Brazilian rare earths processing.... [more]
Buxton Resources has entered into a conditional agreement to sell its 49% joint venture interest in the Copper Wolf project in Arizona to IGO for $6.15m in cash..... [more]
Iron ore miner Fenix Resources came within days of running out of fuel as Middle East war prompts rethink.... [more]
Dynamic Metals has gone deeper at its Cognac West gold prospect, wrapping up a targeted four-hole, 1400-metre diamond drilling campaign in the beating heart of WA’s Goldfields region..... [more]
CONNEQT Pulse earns AARP recognition among best blood pressure monitors for 2026.... [more]
Taco Bell has been thrown a lifeline after the fast food giant’s Australian expansion was thrown into limbo. ASX-listed Collins Brands announced will offload 20 of its 27 Taco Bell stores to an affiliated company, Restaurant Brands Australia.... [more]
Fiducian Group Limited has agreed to pay a penalty of $7.3 million over its superannuation subsidiary Fiducian Investment Management Services Limited (FIMS) initiating court action over ESG claims..... [more]
Telstra has been forced to cut its coverage map by one million square kilometres under strict new rules introduced by the regulator, requiring telcos to publish accurate mobile network coverage maps..... [more]
Talk about a strange time to list for online mattress company Koala Company (ASX:KOA). Not only is the company hitting the bourse in the middle of a U.S. war with Iran with a plan to expand into furniture at-home and overseas .... [more]
Jackie O sues KIIS owner for ‘at least’ $82m.... [more]
Analysis - Patrick Commins: Did Anthony Albanese just cement a third interest rate hike in May by cutting the fuel excise? Injecting $1.5bn via petrol subsidies into an inflated economy may change things for the Reserve Bank board.... [more]
Analysis - Ian Verrender: Insiders profit as Iran war pressure points build on global economy. Winners are thin on the ground right now..... [more]
Opinion - Simon Kuestenmacher: Australia’s missed trillions: Resources, risk and the shrinking middle. Australia is drifting into the very future it has been warned about. On one hand we are one of the richest resource nations.... [more]
Opinion - Sebastian Bowen: Here are 3 ways to position an ASX share portfolio. The war that the United States of America and Israel launched against Iran at the start of this month has comprehensively changed the investing.... [more]
US consumer confidence rises, but job openings and hiring drop sharply.... [more]
President Donald Trump is urging other nations to launch their own missions to control the Strait of Hormuz, a move that would benefit one area of the world the most: Asia..... [more]
Gas crosses $4 a gallon in the U.S. for the first time in 3 years.... [more]
Mohamed El-Erian has a warning for dip-buyers. The top economist and former CIO of PIMCO told CNBC he's avoiding stocks at the moment — particularly broad-based stock indexes — as the Iran war enters its second month..... [more]
Trump’s go-to moves to influence the markets are increasingly falling flat as the Iran war drags on.... [more]
Investing legend Warren Buffett wants to come clean: He started trimming Berkshire Hathaway's Apple stake too early, a call that cost the firm billions in stock upside..... [more]
Oracle’s stock rises as company reportedly begins thousands of job cuts. The database giant would be the latest tech company to initiate layoffs as it frees up capital to spend on AI projects.... [more]
Activist investor Irenic swoops in on Snap with new stake, shares surge.... [more]
Nvidia just proved again that it's a kingmaker for AI companies. Marvell Technology stock jumped as much as 11% on Tuesday. Shares are now up 12% in 2026 and have climbed more than 50% over the past year..... [more]
Nike is set to report earnings after the bell. Here’s what Wall Street expects.... [more]
Mercedes U.S. CEO sets ambitious sales goal despite ‘tougher’ market than anticipated.... [more]
Unilever (ULVR.L), will merge its food business with spice maker McCormick (MKC.N), it said on Tuesday, creating a company worth around $65 billion in the second-largest food transaction in history..... [more]
Jurors failed to reach a verdict on Tuesday in the corruption trial of two fired FirstEnergy Corp executives charged with alleged roles in a $60 million scheme to bribe politicians for a $1 billion nuclear bailout and other favors..... [more]
Social media platform TikTok, controlled by China's ByteDance, is seeking approval from the Brazilian central bank to operate as a lending and payments fintech, according to two people with direct knowledge of the matter..... [more]
UK house prices rose sharply in March but Iran war expected to cause slowdown.... [more]
Domino’s Pizza has appointed Nicola Frampton as its permanent chief executive. Ms Frampton, who has served as interim chief executive since November, now takes the top leaders.... [more]
Thames Water’s bosses should eat “humble pie” over a failed takeover process last year and let other firms bid for it, according to a Hong Kong investment group angling to buy the troubled water company..... [more]
Monzo to close US business to focus on UK and Europe.... [more]
Ermotti says will remain UBS CEO until at least April 2027.... [more]
China's central bank pledged on Tuesday to maintain appropriately loose monetary policy, while noting growing impacts from changes in the external environment..... [more]
Super Micro bust signals tighter US curbs on Nvidia’s AI chips.... [more]
Hong Kong retains global IPO crown in first quarter but faces US mega listings. Second place for IPO funds raised is Nasdaq, with US$5.65 billion from 18 listings, while the New York Stock Exchange ranks third.... [more]
Korean Air says it is moving into emergency management mode to buffer the impact of surging jet fuel costs as the global economy is rocked by the ongoing US-Israel war with Iran..... [more]
Huawei’s profit rises 8.6% in 2025 as overall performance remains steady.... [more]
India's Zetwerk files confidentially for IPO draft papers.... [more]