US markets have surged, hanging big hopes on Donald Trump’s intimations that the war in Iran might be ending soon. But mission accomplished may not mean oil is flowing through the strait of Hormuz.

Meanwhile here in Australia, the RBA says it’s got a plan to lower costs for consumers, moving to rid the country of sneaky card surcharges.

And on the heels of the Treasurer's announcement this morning, small businesses stand to receive some tax relief.  

But will these measures have an impact? And who will be left paying?

Carrington Clarke and ABC National Business Reporter, Adelaide Miller break it all down on ABC Business Daily.

Got a burning business question?

Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

ABC Business Daily

ABC Australia

Stocks, surcharges and small businesses

APR 1, 202623 MIN
ABC Business Daily

Stocks, surcharges and small businesses

APR 1, 202623 MIN

Description

<p>US markets have surged, hanging big hopes on Donald Trump’s intimations that the war in Iran might be ending soon. But mission accomplished may not mean oil is flowing through the strait of Hormuz.</p><p>Meanwhile here in Australia, the RBA says it’s got a plan to lower costs for consumers, moving to rid the country of sneaky card surcharges.</p><p>And on the heels of the Treasurer's announcement this morning, small businesses stand to receive some tax relief.  </p><p>But will these measures have an impact? And who will be left paying?</p><p>Carrington Clarke and ABC National Business Reporter, Adelaide Miller break it all down on ABC Business Daily.</p><p>Got a burning business question?</p><p>Send a short voice recording to Carrington and the team at <a href="mailto:[email protected]">[email protected]</a></p>