Australia Breaking News

Praemium (ASX:PPS) hits a record $73.7 billion FUA in Q3 FY26, driven by an 18% surge and strong inflows.

The Bank of Queensland (ASX:BOQ) announced its results for the first half of the year ended Feb. 28, revealing a statutory net profit after tax of $136 million.

Jessica Genauer, UNSW Public Policy Institute Academic Director, says the US and Iran remain far apart on all deeper policy issues, while neither side sees benefit in the resumption of armed conflict.

Ampol (ASX:ALD) revealed a Lytton Refiner Margin of US$25.45 per barrel, a leap from the US$6.07 recorded during the same period last year.

Treasury Wine Estates (ASX:TWE) announced a structural pivot, transitioning to a new regional operating model effective Oct. 1.

A small group of unauthorized users have accessed Anthropic PBC's new Mythos AI model, which the company says can enable dangerous cyberattacks.

Cochlear (ASX:COH) has issued a trading update, revising its FY26 underlying net profit guidance downwards to $290–$330 million.

Corporate Travel Management (ASX:CTM) said anticipated revenue reversals from its UK operations could swell to a staggering £118 million.

Air New Zealand (ASX:AIZ) announced the resignation of CFO Richard Thomson, who is set to depart the national carrier on Aug. 28.

South32 (ASX:S32) lifted its net cash position by US$121 million for the March quarter despite a tightening economic landscape.

New Zealand energy firm Mercury NZ (ASX:MCY) has raised its earnings guidance for the 2026 financial year.

President Donald Trump announced he was extending a ceasefire with Iran indefinitely a day before it was set to expire, even as plans for a fresh round of talks between the two countries fell apart. In a Truth Social post, Trump said Tuesday he would maintain a blockade over ships coming to and from Iran in the Strait of Hormuz. He said Pakistan, which had mediated between the two sides, asked for the US to hold off on fresh strikes and he was extending the ceasefire until Iran submits a new proposal "and discussions are concluded, one way or the other." Ambassador James F. Jeffrey, Philip Solondz Distinguished Fellow at The Washington Institute and former Deputy National Security Advisor to President George W. Bush, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.