Markets
The ASX slid sharply as oil prices jumped on fears of a widening conflict with Iran, leaving local investors guessing whether US President Donald Trump will hold firm or blink.
Canberra-based counter-drone outfit Electro Optic Systems is up more than 700% in the last year. But not everyone is convinced it’s squeaky clean.
Jim Chalmers hoped a strong GDP print would dominate the day, but Iran conflict jitters rattled markets, pushed up oil and gold and revived rate hike fears.
The former Virgin Australia boss struck an impatient tone in the wake of her first earnings day with the drinks retailer, as a lower half-year profit sent shares tumbling.
