Laura Bessarati
๐ค SpeakerAppearances Over Time
Podcast Appearances
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.
We've also heard some news from Trump today, unsurprisingly.
He never has anything to say, obviously, just kidding.
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.
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...
than maintaining the blockade.
That's what officials are saying.
So that's the latest development on that front.
If we look at some companies that have been out with news today, the best performer has been tech firm Kodan.
It was out with a positive trading update today and that saw its share price lift by 16%.
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.
So they did
certainly start that on a good note.
But, you know, the positive news didn't end there.
It said it was expecting revenue growth between 15% and 20% this year for its communications business.
But in the first half, it already saw 19% growth and it's looking similar in the second half.
So, it's expected growth to come in at the top end of guidance for the full year.
It was also previously targeting a profit margin of 30% by the end of FY27, which
for its communication segment, but they've brought that forward to this financial year.
So kicking goals much earlier than expected, and that's driven its share price to a record high today.