Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west
Published . Updated .
Follow the day’s news live Get our breaking news email , free app or daily news podcast Robert Pether has stressed his innocence and recalled his brush with death in his first comments since the Australian engineer departed Iraq after serving more than five years in jail. Pether and his Egyptian colleague Khalid Radwan were detained in Baghdad in 2021 after flying in for a meeting with bank officials to resolve a dispute with his engineering firm, CME Consulting. We were innocent when we were taken on the 7th of April 2021, and we remain innocent today. I was released from prison hours away from death. My body was shutting down after months of critical illness and excruciating pain, but I remained trapped in Iraq. She is an incredible person, someone that I have so much respect for, and being able to come home was incredible. Just the emotion that it brings is, you can’t describe it. I mean, it’s been years. Continue reading...
Directly affected
- No company is named in this report.
Indirectly affected
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman
Defense contractors get more work when conflict spending rises
- GD General Dynamics
Defense contractors get more work when conflict spending rises
- ITA iShares U.S. Aerospace & Defense
A fund of aerospace and defense companies
- BA Boeing
Defense and aerospace orders move with conflict spending
- LHX L3Harris
Defense contractors get more work when conflict spending rises
- HII Huntington Ingalls
Shipyards benefit when naval spending rises
- XAR SPDR SERIES TRUST
Material security escalation can alter defense demand expectations and risk premia.
- ALLY ALLY FINANCIAL INC
GA selected ALLY as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Follow the day’s news live Get our breaking news email , free app or daily news podcast Robert Pether has stressed his innocence and recalled his brush with death in his first comments since the Australian engineer departed Iraq after serv…
Source: The Guardian
IShares U.S. Aerospace & Defense ETF (ITA) since this story, compared with the market
Since the first closing price after “Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west,” IShares U.S. Aerospace & Defense ETF (ITA) is +1.63%. The S&P 500 fund (SPY) is -0.40% over the same days, a +2.03% difference versus the market. industrial stocks (XLI) is -0.20%, a +1.83% difference versus that group of stocks.
| Company | When | Move | Status |
|---|---|---|---|
| Ally Financial (ALLY) | that day | -0.82% | final price |
| Ally Financial (ALLY) | the next day | -3.09% | final price |
| Ally Financial (ALLY) | two days later | -0.47% | final price |
| Ally Financial (ALLY) | three days later | -0.61% | final price |
| Ally Financial (ALLY) | three days earlier | -0.21% | final price |
| Ally Financial (ALLY) | five days earlier | -0.76% | final price |
| BA | that day | -1.56% | final price |
| BA | the next day | -2.60% | final price |
| BA | two days later | -0.40% | final price |
| BA | three days later | +0.30% | final price |
| BA | three days earlier | -0.93% | final price |
| BA | five days earlier | +0.18% | final price |
| GD | that day | -0.79% | final price |
| GD | the next day | -0.15% | final price |
| GD | two days later | +0.55% | final price |
| GD | three days later | +2.69% | final price |
| GD | three days earlier | -1.56% | final price |
| GD | five days earlier | -1.12% | final price |
| HII | that day | -2.41% | final price |
| HII | the next day | +0.16% | final price |
| HII | two days later | +1.23% | final price |
| HII | three days later | +2.87% | final price |
| HII | three days earlier | +0.38% | final price |
| HII | five days earlier | -0.10% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | -0.98% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | the next day | -0.89% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | two days later | +0.37% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days later | +1.47% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | -0.59% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | +1.03% | final price |
Official trades in IShares U.S. Aerospace & Defense ETF (ITA) around 13 Oct 2026
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
IShares U.S. Aerospace & Defense ETF (ITA) on one side of this defense story
Companies carried with this story
- ITA IShares U.S. Aerospace & Defense ETF
IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west.” Reason on file: Material security escalation can alter defense demand expectations and risk premia
- XAR Spdr Series Trust
Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west.” Reason on file: Material security escalation can alter defense demand expectations and risk premia
- ALLY Ally Financial
Ally Financial (ALLY) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west.” Reason on file: GA selected ALLY as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BAC Bank Of America
In “Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: GA selected BAC as a RELATED security because its canonical security name directly matches this event's themes: bank. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BMO Bank Of Montreal /Can/
For “Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west,” Bank Of Montreal /Can/ (BMO) is linked, with no stored direction, medium confidence. Reason on file: GA selected BMO as a RELATED security because its canonical security name directly matches this event's themes: bank. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- CM Canadian Imperial Bank Of Commerce /Can/
For “Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west,” Canadian Imperial Bank Of Commerce /Can/ (CM) is linked, with no stored direction, medium confidence. Reason on file: GA selected CM as a RELATED security because its canonical security name directly matches this event's themes: bank. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- CRBG Corebridge Financial
In “Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west,” Corebridge Financial (CRBG) is linked, with no stored direction, medium confidence. Reason on file: GA selected CRBG as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- EFC Ellington Financial
Ellington Financial (EFC) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west.” Reason on file: GA selected EFC as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How defense news reaches IShares U.S. Aerospace & Defense ETF (ITA)
“Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west” (13 Oct 2026) reaches IShares U.S. Aerospace & Defense ETF (ITA) through Defense.
IShares U.S. Aerospace & Defense ETF (ITA) is on the page because Material security escalation can alter defense demand expectations and risk premia
Also listed, Spdr Series Trust (XAR): Material security escalation can alter defense demand expectations and risk premia
Dates and price levels for IShares U.S. Aerospace & Defense ETF (ITA)
ALLY traded between 36.18 and 40.33 across 20 sessions. The latest close on file is 37.53. ITA traded between 201.08 and 217.79 across 20 sessions. The latest close on file is 207.60. XAR traded between 216.28 and 245.40 across 20 sessions. The latest close on file is 223.20.
A simple score for IShares U.S. Aerospace & Defense ETF (ITA)
46 out of 100
“Australian politics live: businesses increasing prices under cover of surcharge ban, UBS economists warn; fire ants in Sydney’s inner west” scores 46 out of 100. The score uses 1 sources, and 11 linked companies.