: Markets were pulled in two directions this week as Australia’s federal budget weighed on banks and property-linked stocks, while strong US earnings and booming AI demand pushed global markets higher. In this week’s interview, Bell Financial Group CIO Will Riggall sits down with Bell Potter Lead Strategist Rob Crookston to unpack the key budget changes, the strength behind the AI rally, and where investors may find opportunities across commodities, defensives and global equities heading into FY26.

In this week’s video, Will and Rob cover:

• The federal budget changes and the impact on investors
• the market shift toward income and defensive sectors
• strong US earnings and continued AI momentum
• commodity strength led by copper and BHP
• the outlook for banks, CSL and FY26 opportunities.