Telstra, WES, QBE winners; green light for HECS debt relief; illegal tobacco hits ASX

Wednesday 30 July 2025 Telstra, Wesfarmers and QBE take over as the best performing large caps on the ASX.  And more, including: * The federal government gets a green light for its HECS debt and childcare bills.  * The illegal tobacco trade hurts another ASX-listed victim. * The launch of Australia’s first home made rocket is delayed again. * A shooter kills four in midtown Manhattan, in New York. Join our free daily newsletter here [https://fearandgreed.com.au/newsletter-signup]. And don’t miss the latest episode of How Do They Afford That? [https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/] - this week, cash or cashless: what’s better for the budget? Get the episode from APPLE [https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235], SPOTIFY [https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14], or anywhere you listen to podcasts. Find out more: https://fearandgreed.com.au [https://fearandgreed.com.au] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.