Australia Breaking News

Ampol (ASX:ALD) doubled its proposed site divestments in a revised bid to secure ACCC approval for the EG Australia acquisition.

Sandfire Resources (ASX:SFR) reported a $76 milion net cash surge in its March 2026 update.

AVITA Medical (ASX:AVH) has finalised a ten-year agreement with the Biomedical Advanced Research and Development Authority valued at up to $25.5 million.

Transurban (ASX:TCL) reported a 3% rise in average daily traffic for the March 2026 quarter.

Condor Energy (ASX:CND) enters a binding agreement to accelerate growth and diversify its Australian asset base.

West African Resources (ASX:WAF) reported a total group gold production of 107,728 ounces for the March quarter.

Tehran officially closes the Strait of Hormuz following the violations of the April 8 ceasefire.

Design powerhouse Canva announced the acquisition of two Australian AI start-ups, Simtheory and Ortto.

The Queensland Government has called on the Commonwealth to fast-track environmental approvals for the Taroom Trough.

Levi's CEO Michelle Gass said that both celebrity ad campaigns and organic pop culture moments have contributed to Levi's boosted outlook as the jeans brand collaborated with Beyonce and were featured on the fashion forward FX series 'Love Story.' Gass also discussed supply chain consideration as US-based companies face higher transportation costs and tariffs on manufacturing.

Electro Optic Systems (ASX:EOS) has been ordered to pay $4 million penalty for 2022 disclosure breaches.

Matthew Luzzetti, Deutsche Bank chief US economist and head of US Economic Research, said that the US economy has revealed to be 'very resilient' in the fact of 'abnormal and historic' shocks over the last year. Luzzetti said that the geopolitical situation points the fed in a more hawkish direction, but it doesn't necessarily overturn a resilient view of the economy.