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 Australian sharemarket has clawed back some of its losses from Monday’s $80 billion. 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%..... [more]
U.S. Market Report: Wall Street's main stock indexes reversed early losses and gained in choppy trading on Tuesday, as investors took comfort from tumbling crude prices on expectations that the Middle East conflict could come to a sooner.... [more]
European Market Report: European stocks bounced back on Tuesday after ending lower for three consecutive sessions on concerns that a deepening conflict in the Middle East could fuel inflation and dent economic growth..... [more]
Asian Market Report: Asian stocks rallied on Tuesday as concerns over the U.S.-Iran conflict eased following comments by U.S. President Donald Trump suggesting the war was "very complete.".... [more]
Petrol prices leap to national average of 198 cents per litre, new data shows..... [more]
How does the ASX 200 perform after an oil price shock? Oil just posted its second-largest weekly gain in 40 years. History says investors shouldn't panic but the next few months won't be smooth..... [more]
Government and motoring groups say there is no shortage of fuel supplies but stockpiling has left country service stations running dry, as Iran war sparks oil price fears.... [more]
Motorists are being urged to resist stockpiling fuel at home and farmers are warning of surging food prices as the Iran war threatens a global fuel shortage..... [more]
Foreign shipping giants are slapping Australian exporters with “war risk” surcharges worth hundreds of thousands of dollars while their products are already at sea as the Iran conflict engulfs the Middle East..... [more]
A major superannuation sector organisation is arguing that treating stamp duty in similar fashion to other transaction costs risks eroding superannuation fund flows into direct investments including residential property..... [more]
Rio Tinto Shares Hold Support: Renegotiating Copper Mine Deal.... [more]
Viridis Mining and Minerals has landed another big nod of support in Brazil after its Colossus rare earths project was selected for the Brazil Climate and Ecological Transformation Investment Platform (BIP)..... [more]
Dreadnought Resources kicks off drilling at Metzkes Find under ‘find more gold faster’ strategy.... [more]
Horizon Minerals has turned more of its Phillips Find gold into cold hard cash, banking another $10 million in March from the project’s joint venture (JV) as the last of the mine’s toll-treatment campaigns wrapped up..... [more]
Farmers are warning consumers could soon feel the impact of fuel shortages and soaring prices at the checkout, as the closure of the Strait of Hormuz disrupts global supply chains..... [more]
Qantas has announced it is increasing the price of its international air fares amid oil price volatility caused by the war in the Middle East, while the airline also reported higher-than-normal ticket sales for flights to Europe..... [more]
Cathay Pacific offers £20,000 Sydney-London flight amid disruption in Gulf.... [more]
Harvest Technology Group plans to release its defence strategy and implementation approach before the end of March as it positions its remote operations technology for potential military applications..... [more]
EVE Health Group to target global markets with reformulated drugs.... [more]
Imugene Ltd (ASX:IMU, OTC:IUGNF, FRA:ILA) is drawing fresh attention to its experimental cancer therapy azer-cel after a Channel 10 news report highlighted a patient who entered remission following treatment.... [more]
Activewear fashion brand Lululemon has been fined $702,900 for breaching spam laws after hundreds of thousands of emails were sent without an unsubscribe option..... [more]
Kyle Sandilands has demanded to be allowed back on air after insisting he did not breach his $100 million contract with radio company ARN but revealed he regrets berating his co-host Jackie “O” Henderson in a broadcast last month..... [more]
The Australian Securities and Investments Commission (ASIC) has sought to justify its funding of a Super Consumers Australia web site and active canvassing of Shield and First Guardian investors by saying.... [more]
Comment - Shaun Ler: Avoid this overpriced ASX share. This ASX share is 84% overvalued and lacks a sustainable competitive advantage. Hub24’s (ASX: HUB) first-half fiscal 2026 underlying net profit after tax increased 60%.... [more]
Opinion - Aaron Patrick: Rio Tinto helped remake the Mongolian economy. Now, the country is putting its hand out for more. In 2011, Mongolia’s best chance to make its mark on the world since Genghis Khan began operating.... [more]
Analysis - Nick Bonyhady: The curious case of the AI bot that went rogue and started mining crypto.... [more]
Opinion/Analysis - Tom Stelzer: Trump may be pulling the pin on his Iran attack, and savvy investors should be looking to benefit, says Regal's Group Investment Director..... [more]
Opinion - Stephen Bartholomeusz: War is over soon? Markets’ faith in Donald Trump is misplaced.... [more]
Oil prices fell sharply Tuesday after US President Donald Trump said the war with Iran would be over “very soon,” though they remain volatile and well above their levels before the conflict started..... [more]
Beware the risk of a scorched-earth strategy from Iran, say Bank of America strategists.... [more]
Watch for this Iran-war signal before rushing to buy the dip in stocks, research firm says. Donald Trump has signaled the US-Iran war may be nearing an end, but the president's turnaround isn't quite the TACO moment in stocks .... [more]
Businesses Ask the TACO Question About Iran. Whether President Trump signaled that he may soon end the military strikes is weighing on the minds of investors, executives and others..... [more]
The Iran war has raised oil prices, and a sustained spike could overshadow Americans' tax savings from Donald Trump's "One Big Beautiful Bill," a strategist said this week..... [more]
February home sales see small rebound, but supply growth is ‘sluggish’.... [more]
Americans are pulling money out of their 401(k) funds at record rates.... [more]
Elon Musk's rocket and satellite maker SpaceX is leaning toward listing its shares on the Nasdaq for what could rank as the biggest initial public offering of all time, according to four people familiar with the company's thinking..... [more]
BofA sees first-quarter net interest income up at least 7%.... [more]
Amazon.com Inc. attracted approximately $126 billion in peak demand for its US bond sale, marking one of the largest corporate offerings on record, according to a Bloomberg report Wednesday..... [more]
Active Dynamics buys First Brands' Walbro business for $50 million.... [more]
After Nvidia’s earnings, some analysts said the company’s annual conference could prove a meaningful catalyst for the stock — but two are now throwing cold water on that idea.... [more]
More CEOs envision hiring than firing due to AI, CEO survey finds.... [more]
A judge in Manhattan told Ticketmaster parent company Live Nation on Tuesday to negotiate with a group of U.S. states accusing the live entertainment conglomerate of anticompetitive conduct, a day after the U.S. Department.... [more]
Fabletics launches denim as the athleisure trade loses steam.... [more]
Former attorney for California solar firm sentenced in $1 billion fraud scheme.... [more]
Brazil lender BRB to seek $637 million loan from credit guarantee fund.... [more]
Big European investors are pushing back against sharp bond market swings that have upended expectations for central bank rate cuts, arguing they have gone too far even if surging energy prices raise inflation risks..... [more]
Middle East crisis could push UK inflation back up to 3%, warns OBR.... [more]
Volkswagen has said it will cut 50,000 jobs in Germany by 2030 as its profits dropped to their lowest level since 2016. Chief executive Oliver Blume told shareholders that the cuts would take place in Germany.... [more]
China’s exports surge in Jan-Feb despite waning trade with the US.... [more]
Asia’s Fuel Crunch Forces Four-Day Weeks, School Closures.... [more]
China’s cybersecurity agency on Tuesday issued a second warning about security and data risks tied to OpenClaw, despite a rush among local governments and tech companies to adopt the artificial intelligence agent.... [more]
Nvidia halts H200 production as China backs Huawei AI chips.... [more]