Australia Breaking News

Web Travel Group (ASX:WEB) secured a 20% rise in both total transaction value and revenue, reaching $5.8 billion and $394.1 million, respectively.

Nufarm (ASX:NUF) disclosed its financial performance for the half-year ended March 31, characterised by strong profit growth.

KMD Brands (ASX:KMD) has reported continued performance improvements for the third quarter of the 2026 financial year.

Element 25 (ASX:E25) is launching a review of its project execution plan for a high-purity manganese sulphate monohydrate facility.

Australia’s tech sector and leading economists have unified in a major pushback against the Albanese government’s proposed capital gains tax overhaul.

Sam McKinney, KeyBanc Capital Markets vice president and equity research analyst, said that while US steel mills have mostly hedged rising electricity costs with long term contracts, they are impacted by increasing diesel prices to ship steel by truck and rail route. On the other side of the coin, steel hasn't seen a drop in value in in the face of the war, as investors look to steel stocks to hedge against inflation.

Bloomberg's Ed Ludlow joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." Elon Musk's SpaceX holds more than twice as much Bitcoin as previously estimated.

Bloomberg's Andre Tartar joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." Nine anonymous cryptocurrency wallets have effectively gained control over who wins and loses on Polymarket's most contested prediction market bets, giving a tiny group of unappointed people outsized power over billions of dollars of wagers.

Ambre Soubiran, CEO of Kaiko, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." They discuss the rapid growth of prediction markets and how data is key for the industry's infrastructure.

Christopher Giancarlo, incoming senior adviser investment banking at Jefferies and former CFTC chair, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." They discuss prediction markets, regulating digital assets, and resources at the CFTC.

Daniel Pilling, a portfolio manager at Sands Capital Management LLC, says the rally for Micron Technology Inc. shares is a reflection of how demand for artificial intelligence chips is outstripping supply. He speaks with Ed Ludlow and Caroline Hyde on ``Bloomberg Tech.''

Michael Swanson, chief agriculture economist at Wells Fargo's Agri-Food Institute, said that fruits and vegetables are facing the most pressure from global events, as higher fuel prices and supply chain disruption squeeze both farmers and consumers. Swanson also said that he doesn't expect the protein craze to go away anytime soon, as obesity drugs send consumers looking for higher nutritional value in fewer calories.