Pacific Perspectives
Brent oil price near $100 again with U.S.-Iran talks uncertain and Hormuz still blocked
Source: https://www.cnbc.com/2026/04/16/iran-war-oil-price-strait-hormuz.html
Santos CEO signals potential 2028 exit as chairman departs first
Santos chief executive Kevin Gallagher has signalled he intends to lead the oil and gas group until at least 2028 to guide it through the next stages of major projects, outlasting chairman Keith Spence who…
This property fundie is still spotting value as interest rates rise
Grant Berry is a director and portfolio manager of Australian real estate investment trusts at SG Hiscock. The Melbourne-based firm oversees $3.3 billion in assets. Following back-to-back interest rate rises from the Reserve Bank of…
Investors buy the software dip as Atlassian surge comes too late
New data shows some retail investors piling into Australian tech companies, whose shares have been smashed by artificial intelligence fears, but a rally in Atlassian shares has come too late to save it from a…
Why the stock market is hitting records despite Iran war
Source: https://www.cnbc.com/2026/04/16/stocks-record-highs-iran-war.html
Tesla stock adds nearly 8% as Elon Musk touts chip progress
Source: https://www.cnbc.com/2026/04/15/tesla-tsla-stock-analyst-upgrade-software-updates.html
Petrol price spike hurts Transurban as motorway growth subsides
The country’s largest operator of tollroads has reported slowing growth on some of its major motorways as the conflict in the Middle East sends the price of petrol soaring and pushes drivers toward public transport.…
Investor growth expectations plunge amid stagflation fears
Investors’ expectations for global growth plummeted in April by the most in four years due to the Iran war, with local fund managers warning that a downturn could be even more pronounced in Australia. The…
The RBA’s fight against inflation has a new frontier – Instagram ads
First came the keynote speech and the fireside chat. Two years ago, press conferences after every monetary policy decision. Now the Reserve Bank of Australia is launching into the social media age – on Instagram.…
Stock futures are little changed following a record-setting day for S&P 500 and Nasdaq: Live updates
U.S. stock futures were little changed on Wednesday night after both the S&P 500 and Nasdaq Composite rose to fresh records during the regular session. S&P 500 futures and Nasdaq 100 futures both traded around the flatline. Futures tied to the Dow Jones…