AI and tech stocks rebound, Australian fuel prices set to rise further | Finance Report | ABC NEWS
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The local share market managed to end its day slightly higher — but nowhere near as much as its overseas peers like Wall Street and the South Korean market, which have much larger tech and AI sectors. The Australian dollar fell sharply against the yen as the Japanese government appears to have intervened in the currency market. Petrol and diesel prices are set to rise as the Albanese government's temporary cut to fuel taxes will expire at the end of this weekend. Presented by David Chau. #ABCBusiness Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-07-31/asx-markets-business-live-news-31-july-2026/104556762 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
Tags: Australia, abc, abc news, news, AI, tech, stocks, fuel prices, asx, Wall Street, South Korean market, tech stocks, Australian dollar, Japanese government, yen, Petrol, diesel, cost of living, Albanese, David Chau
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