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: The S&P/ASX 200 closed 93.60 points, or 1.1 per cent, higher at 8692.60 on Tuesday, having gained as much as 1.8 per cent during the session..... [more]
U.S. Market Report: Wall Street's main indexes edged lower on Wednesday, with the financials-heavy Dow leading declines as investors assessed a key inflation report and weighed the outlook for crude prices amid rising tensions in the Middle East..... [more]
European Market Report: European shares were moving lower on Wednesday as oil prices regained strength after falling more than 11 percent in the previous session..... [more]
Asian Market Report: Asian stocks rose on Wednesday to extend gains from the previous session as oil prices stabilized on easing supply concerns following reports that the International Energy Agency (IEA) may deploy its largest-ever stockpile.... [more]
A leading food distribution body has warned the ongoing fuel crisis in Australia could impact more than just prices in as little as a week, as bowsers run dry across the country, with some residents going to extreme lengths.... [more]
Oil companies and petrol retailers that use the Middle East conflict to price gouge motorists are facing $100 million fines with the competition regulator stepping up its monitoring of unusual price spikes coinciding with panic buying..... [more]
Millions of Australians could be hit with the twin blow of soaring petrol prices and higher mortgage repayments amid rising expectations that the US-Israel war on Iran will force the Reserve Bank to hike rates on Tuesday..... [more]
Oil prices are surging, markets are scrambling to reassess inflation — and the humble Australian mortgage holder may be about to discover just how connected global geopolitics has become to their monthly repayments..... [more]
Radical tax overhaul proposed to shift burden from wages to asset wealth. A federal MP has announced a “once in a generation” tax reform plan that would heavily favour every Australian worker..... [more]
Make your mortgage tax deductible. Debt recycling can be an attractive strategy for those on higher marginal tax rates. I run through how to know whether it is right for you..... [more]
AMP Limited has upped the ante on its delivery of digital advice via its North platform by launching an “interactive wealth portal” allowing advisers to view retirement projections, goal tracking and whole of wealth dashboards..... [more]
Private credit gains traction in Australia as new funds target $25bn lending gap.... [more]
Mineral exploration at record highs in Western Australia's modern-day gold rush.... [more]
5 key drivers of the new commodities 'supercycle': experts. Australia is at the start of a new mining boom, but experts say it will be different to the last..... [more]
Corazon Mining has taken a determined stride towards its first sub-surface test of the company’s fully-owned Two Pools gold project, 200 kilometres northeast of Meekatharra in Western Australia..... [more]
Ora Banda Mining (ASX:OBM) has obtained a 964% increase at the Round Dam deposit in the eastern goldfields of Western Australia, with Round Dam now estimated to contain 25.6 million tonnes at 1.6 grams per tonne.... [more]
American Tungsten & Antimony hits high-grade antimony in maiden Utah drilling.... [more]
MetalsGrove Mining is steadily stitching together a promising new gold story in central-west Côte d’Ivoire, West Africa, with early-stage soil sampling pointing to a second priority gold target at its Zuénoula permit..... [more]
Berkeley Energia shares climb as interims confirm robust cash position.... [more]
Nio Shares Breakout From Range As Earnings Boost Sentiment.... [more]
Qantas has announced it is increasing fares on international routes this week, blaming a surge in jet fuel costs caused by the war in the Middle East. While stressing that the airline does not “operate any flights to the Middle East”.... [more]
Australia's top infrastructure body has placed Melbourne's Suburban Rail Loop (SRL) project on the highest priority list for the nation despite raising serious concerns about its business case merely a year ago..... [more]
Comment - Greg Jericho: Labor must stop juicing house prices and make buying a home the Australian dream – not negatively gearing one.... [more]
Comment/Opinion - Locky Xianglong Liu, James Giesecke, Jason Nassios: Amid a surge in energy prices, a windfall tax on gas profits could be the best way to protect households.... [more]
The International Energy Agency said Wednesday its member governments will jointly release up to 400 million barrels of oil from strategic stockpiles after the Iran war set off a chaotic spike in crude prices..... [more]
U.S. Gas Prices Jump for 11th Straight Day, and Oil Pushes Higher. Drivers are paying an average of 20 percent more at the pump since the strikes on Iran began. The global oil price was higher and stocks were mixed..... [more]
Chubb set as main U.S. insurer for Persian Gulf shipping amid Iran war.... [more]
There's a major inflation risk lurking for the economy as the Iran war drags on, and it's not oil.... [more]
US consumer inflation steady before Iran conflict drives up oil prices.... [more]
The Trump administration is poised to announce a series of trade investigations on Wednesday, according to a person familiar with the matter, a move aimed at setting the stage for new levies on imports.... [more]
JPMorgan adds BridgeBio to focus list, lifts target to $94.... [more]
JPMorgan Chase is reducing its exposure to the private credit industry by marking down the value of loans held by the bank as collateral, according to a person with knowledge of the moves..... [more]
Morgan Stanley says markets are unprepared for AI disruptions in the next few months. Here are its 3 top predictions..... [more]
Campbell’s stock heads toward a 23-year low, as it warns of more price cuts to recharge demand. The parent of Goldfish snacks, Snyder’s pretzels and Cape Cod chips sees snack sales drop again,.... [more]
Microsoft Takes a Stand Against the Trump Administration. The technology giant’s siding with Anthropic in its fight against the Pentagon stands out in an era when big companies have tended to keep quiet..... [more]
Oracle stock jumped as much as 14% to $177.76 on Wednesday. Shares of the tech company have been volatile in 2026, down 17% year to date..... [more]
Meta just bought the social network for AI bots everyone’s been talking about.... [more]
Boycott over Target's diversity pullback ends, activists say.... [more]
A U.S. appeals court on Wednesday overturned a $481 million ruling, that New York's Columbia University had won against software company Gen Digital (GEN.O), for infringing patents related to cybersecurity technology..... [more]
Judge urges states to settle Live Nation claims after US strikes deal but states say no chance.... [more]
Bill Ackman’s Bid to Be More Like Buffett Is Finally Unfolding.... [more]
Recruiter Robert Walters has revealed plans to ramp up cost-cutting further after swinging to an annual loss and cautioning the jobs market will remain difficult in 2026..... [more]
British fintech Revolut gets full banking licence.... [more]
Turmoil in the UK mortgage market is at its most intense since the mini-Budget of 2022, figures suggest, as the average rate on two-year fixed deals rose above 5%..... [more]
Lloyd’s of London stresses it is still insuring shipping in strait of Hormuz. Maritime insurer fends off criticism over cancelled policies and sharp price rises.... [more]
French inflation to remain low despite Iran war, central bank chief says.... [more]
Poland has one-off chance to use gold profits for defence, central bank chief says.... [more]
China’s domestic passenger car sales fell sharply in February from a year earlier, industry figures showed Wednesday, reflecting weakening demand as some trade-in subsidies are phased out..... [more]
'Investing in people': Can China's new push to boost spending revive the economy?.... [more]
China issues new safety rules for OpenClaw. Here are the dos and don’ts.... [more]
Tata Sons has renewed its lease agreement with subsidiary Ewart Investments for a luxury bungalow in Colaba at a monthly rent of about Rs 17.6 lakh,.... [more]
India tells consumers not to panic over gas shortages and save energy.... [more]
Analysis - David Goldman: Trump can’t TACO out of the Iran war’s oil price shock. President Donald Trump has a sales pitch for Americans worried about high oil and gas prices.... [more]
Opinion - Max Motz: Why defense stocks are the market’s newest safe havens — and this ETF is a pure play. The iShares Aerospace & Defense exchange-traded fund profits from the U.S and global military buildup.... [more]