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Laura Bessarati

๐Ÿ‘ค Speaker
1165 total appearances

Appearances Over Time

Podcast Appearances

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

And then an hour later, we'll hear from Michelle Bullock, the RBA Governor, for more details as to why they made that decision and potentially, you know, any clues as to what could happen ahead with interest rates as well.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

We've also heard some news from Trump today, unsurprisingly.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

He never has anything to say, obviously, just kidding.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

Well, he's instructed his aides to prepare for an extended blockade of Iran, that's what US officials said, preventing shipping to and from its ports.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

Now, he's assessed his other options, which are apparently resuming bombing or walking away from the conflict, and he said that those carried more risks than...

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

than maintaining the blockade.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

That's what officials are saying.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

So that's the latest development on that front.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

If we look at some companies that have been out with news today, the best performer has been tech firm Kodan.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

It was out with a positive trading update today and that saw its share price lift by 16%.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

I guess that's sort of expected when you open the update with the group is trading above expectations in the second half of the 2026 financial year.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

So they did

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

certainly start that on a good note.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

But, you know, the positive news didn't end there.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

It said it was expecting revenue growth between 15% and 20% this year for its communications business.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

But in the first half, it already saw 19% growth and it's looking similar in the second half.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

So, it's expected growth to come in at the top end of guidance for the full year.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

It was also previously targeting a profit margin of 30% by the end of FY27, which

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

for its communication segment, but they've brought that forward to this financial year.

CommSec Market Update
Market Close 29 Apr 26: Inflation surges on high oil prices

So kicking goals much earlier than expected, and that's driven its share price to a record high today.