Australian Stocks Hit Record High on Iran Hopes, Economic Bets

Bloomberg Markets•Wed, Aug 5, 2026, 12:15 AM•2 min read

Australia’s stock benchmark briefly climbed to an intraday record on easing concerns over the US-Iran conflict and supportive signals in the domestic economy.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-05/australian-stocks-rise-to-record-on-iran-hopes-economic-bets)

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