Australia Breaking News

Kelly Partners Group (ASX:KPG) announced that its full year 2026 revenue increased 18.2% to $159.2 million.

Tartana Minerals (ASX:TAT) completed a placement agreement with Xingye Gold (Hong Kong) Mining to raise $2.3 million.

Suncorp Group (ASX:SUN) reported a net profit after tax of $1.03 billion alongside cash earnings of $1.04 billion for FY26.

Commonwealth Bank of Australia (ASX:CBA) reported a cash net profit after tax of $10.98 billion for the twelve months ended June 30.

Computershare (ASX:CPU) reported full-year FY26 financial results featuring management revenue of $3.2 billion.

Inghams (ASX:ING) expands farm lockdowns nationwide across Australia following the spread of the H5N1 bird flu virus.

Erica Brescia, Managing Director at Redpoint Ventures, discussed Super Micro's robust business model and strong market position during the segment. Despite recent volatility, Super Micro benefits from significant pricing power and a durable business model as a key supplier of hardware components essential for AI-driven growth. She speaks with Romaine Bostick on "The Close."

Hayden Brown, CEO of Upwork, discusses the company's recent financial performance after its full-year forecast missed analyst estimates, leading to a significant drop in the stock price. Brown discusses the sources of pressure facing Upwork and how the company plans to adapt to these challenges. She speaks with Romaine Bostick on "The Close."

Pakistan's defense minister said the US and Iran are "close to some sort of arrangement" over the Strait of Hormuz, even after both sides appeared to toughen their positions in the long-deadlocked negotiations. Noam Raydan, William Sudhaus Senior Fellow at The Near East Institute says the data shows that the Strait of Hormuz and Red Sea will remain essential choke points.

Steve Ostroff, Former Acting Commissioner of the FDA and Former Deputy Director of the National Center for Infectious Diseases at the CDC, joined the program to discuss the public awareness timeline of the cyclospora outbreak. The conversation highlighted that while the outbreak became widely known in early to mid-July, there were reports suggesting that government agencies had knowledge of the issue weeks prior to public disclosure. He speaks with Romaine Bostick on "The Close."

Gil Luria, head of technology research at D.A. Davidson, reacts to CoreWeave topping analysts' estimates for second-quarter sales after signing up more customers in a booming market, with sales more than doubling to $2.58 billion. He speaks on "Bloomberg The Close."

Rajesh Vashist, Chairman and CEO of SiTime, discussed the company's impressive triple-digit year-over-year revenue growth, attributing much of the acceleration to AI-driven demand and the expanding data center market. SiTime's technology plays a critical role in timing synchronization across various data center components, including TPUs, GPUs, switches, accelerator cards, optical modules, and cables, ensuring high performance and cost efficiency. He speaks with Romaine Bostick & Isabelle Lee on "The Close."