Financial News: Jul 12 - Australia (5 stories)

Sunday, 12 Jul 2026 Weekly Business & Finance Australia

Here is your Weekly summary for Business & Finance across Australia for Mon 6th July - Sun 12th July 2026

Bitcoin remains resilient, holding above $64,000 as U.S. regulatory developments continue to shape the crypto landscape. This stability is significant as it reflects growing adoption and investor confidence amid ongoing policy discussions. Meanwhile, Kelly Services has reported a remarkable 67% return following a Fair Value signal, highlighting strong market performance and investor interest in staffing solutions.

In contrast, China's economic outlook appears bleak, with Citi indicating that the country's Q2 slowdown has been exacerbated by what it describes as 'de facto' fiscal austerity measures. This situation raises concerns about the broader implications for global markets. On a positive note, LTIM's Q1 2027 earnings call revealed a 4.7% share increase, driven by momentum in AI, showcasing the sector's potential for growth.

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