Geopolitics Alpha

Australian politics live: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters

Published . Updated .

Follow the day’s news live. Get our breaking news email , free app or daily news podcast Australia missing out on $45bn of revenue from resources: Greens As Labor prepares to introduce its bill for a gas reserve, the Greens are pointing out that there are tens of billions being left on the table because the government won’t properly tax the resource. We’re giving away billions in resource wealth while families struggle to pay the rent, put food on the table and afford basic healthcare. Labor can find billions to prop up the fossil fuel industry, but when it comes to making corporations like Santos, Woodside and Adani pay a fair return, suddenly it’s all too hard. The prime minister has a kink for punishing small businesses and a fetish for humiliating his treasurer. So I say this is a consistent pattern of behaviour where the prime minister constantly goes in, overrides his treasurer, humiliates him in public. I suspect it’s going to sour the relationship somewhat. 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

  • XLV Health Care Select Sector SPDR

    A fund of health-care companies

  • XBI SPDR S&P Biotech

    A fund of biotechnology companies

  • 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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT———————
RTX———————
NOC———————
GD-1.80%-0.34%—+0.64%+1.35%+3.50%+2.66%
XLV———————
XBI———————
ITA-0.22%+1.27%—+0.09%+1.36%+2.47%+1.74%
BA+0.94%+2.10%—-1.05%+1.18%+1.89%+2.59%
LHX———————
HII+1.16%+2.68%—+2.63%+3.73%+5.41%+4.60%

Follow the day’s news live. Get our breaking news email , free app or daily news podcast Australia missing out on $45bn of revenue from resources: Greens As Labor prepares to introduce its bill for a gas reserve, the Greens are pointing ou…

Source: The Guardian

IShares U.S. Aerospace & Defense ETF (ITA) compared with industrial stocks (XLI) since 13 Oct 2026

Since the first closing price after “Australian politics live: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters,” 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.

CompanyWhenMoveStatus
Ally Financial (ALLY)that day-2.29%final price
Ally Financial (ALLY)the next day+0.35%final price
Ally Financial (ALLY)two days later+0.21%final price
Ally Financial (ALLY)three days earlier-0.03%final price
Ally Financial (ALLY)five days earlier-0.61%final price
BAthat day-1.05%final price
BAthe next day+1.18%final price
BAtwo days later+1.89%final price
BAthree days later+2.59%final price
BAthree days earlier+2.10%final price
BAfive days earlier+0.94%final price
GDthat day+0.64%final price
GDthe next day+1.35%final price
GDtwo days later+3.50%final price
GDthree days later+2.66%final price
GDthree days earlier-0.34%final price
GDfive days earlier-1.80%final price
HIIthat day+2.63%final price
HIIthe next day+3.73%final price
HIItwo days later+5.41%final price
HIIthree days later+4.60%final price
HIIthree days earlier+2.68%final price
HIIfive days earlier+1.16%final price
IShares U.S. Aerospace & Defense ETF (ITA)that day+0.09%final price
IShares U.S. Aerospace & Defense ETF (ITA)the next day+1.36%final price
IShares U.S. Aerospace & Defense ETF (ITA)two days later+2.47%final price
IShares U.S. Aerospace & Defense ETF (ITA)three days later+1.74%final price
IShares U.S. Aerospace & Defense ETF (ITA)three days earlier+1.27%final price
IShares U.S. Aerospace & Defense ETF (ITA)five days earlier-0.22%final price
ITA
SPY
XLI

Who reported a IShares U.S. Aerospace & Defense ETF (ITA) trade near this story

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).

Who gains and who loses around IShares U.S. Aerospace & Defense ETF (ITA)

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: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters.” Reason on file: Material security escalation can alter defense demand expectations and risk premia

  • XAR Spdr Series Trust

    For “Australian politics live: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters,” Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can alter defense demand expectations and risk premia

  • ALLY Ally Financial

    For “Australian politics live: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters,” Ally Financial (ALLY) is linked, with no stored direction, medium confidence. 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

    For “Australian politics live: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters,” 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/

    Bank Of Montreal /Can/ (BMO) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Australian politics live: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters.” 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: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters,” 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

    For “Australian politics live: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters,” 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

    For “Australian politics live: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters,” Ellington Financial (EFC) is linked, with no stored direction, medium confidence. 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

IShares U.S. Aerospace & Defense ETF (ITA) and the defense link

“Australian politics live: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters” (13 Oct 2026) reaches IShares U.S. Aerospace & Defense ETF (ITA) through Defense.

What ties IShares U.S. Aerospace & Defense ETF (ITA) to the headline is this: 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 in the story, and the IShares U.S. Aerospace & Defense ETF (ITA) price range

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.

How strong the case is around IShares U.S. Aerospace & Defense ETF (ITA)

46 out of 100

“Australian politics live: PM ‘intervened’ in ATO credit card ban; Chalmers warns against mocking One Nation supporters” scores 46 out of 100. The score uses 1 sources, and 11 linked companies.