Laura Besarati

speaker

22,691 appearances 299 recordings 1 series first heard Aug 2024 last heard yesterday

Laura Besarati’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 123 in all, peaking in Mar 2026 with 22.

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CommSec Market Update · PM 21 Jul 26: Tech and miners rally as banks slide. · 21 Jul 2026 podcast

And this is seemingly after a proposed major regulatory change in New South Wales.

Now, this company actually makes money by charging fees every time a property settles electronically.

But a draft review by the New South Wales regulator has proposed cutting those fees by around 20%, which could significantly reduce PEXA's revenue if that does go ahead.

So today, PEXA came out with a statement essentially saying that a change like this would create an unsustainable financial profile for the company in the future.

In other words, it could drive them out of business.

So it is urging regulators to take a more cautious approach, but we are seeing a

Texas shares down around 6% in the past couple of days on the back of this.

Very quickly, I wanted to talk about cancer diagnostics and treatment company Tealix Pharmaceuticals because after reporting another strong quarter of strong revenue and growth and also reaffirming its outlook, we have seen its share price lifting by around 2% today.

In fact, it did beat estimates for some of its results and that's partly why we have seen its share price lifting really since the beginning of this year.

It's up about 37%.

Absolutely.

But as you mentioned, Thursday is really going to be the big day for markets globally.

We have Tesla and Alphabet out with their

results after the US market shuts.

So Thursday morning, Aussie jobs data, Thursday 11.30am and then we have an interest rate decision from Europe Thursday night as well.

And that's a wrap for today.

Thanks for joining us and we'll catch you again tomorrow.

CommSec Market Update · PM 15 Jul 26: BHP buoys ASX · 15 Jul 2026 podcast

A listener production.

And what did the latest data from Australia's largest trading partner show today?

I'm Laura Bezzerati.

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