Uncategorized

Positives all round, JobKeeper extended, RBA bearish The ASX 200 (ASX:XJO) finished the week 1.3% higher after gaining 0.6% on Friday. Materials (4.4%) and Energy (4.9%) were the standouts as commodity prices remained in a sweet spot of surging demand but supply chains struggling under COVID-19 restrictions. The Federal Government extended its JobKeeper program to…

The ASX 200 (XJO:ASX) finished another 0.7% higher with BHP Group Ltd (ASX:BHP) contributing close to 40% of the gain alone, after rallying another 4.9% as iron ore prices hit USD$114 per tonne.

The ASX 200 (XJO:ASX) finished down another 0.7% on Wednesday, pushed lower by healthcare (-1.7%), industrials (-1.5%) and consumer staples (-1.2%).

Risk on, gold down, more clarity on Victoria’s state of disaster The ASX 200 (ASX:XJO) followed a global lead higher, adding close to 200 points to finish up 1.9% for the day. Every sector was positive, with IT and energy particular standouts adding 3.2% and 2.6% respectively, following better than expected manufacturing data in the…

Despite coming through the COVID-19 lockdowns seemingly unscathed, it seems that Queenslanders have been dipping the hardest into their superannuation under the early release clauses.

The eye of the beholder More than ever, one considers prospects from the domain within one resides. Locally, we in Victoria naturally have a bleak view compared to the states with few COVID cases. Have a conversation with associates in the US on nearly any topic and inevitably strongly held views are exposed. Opinions on…

In the first of a series on Australian biotech success stories, we start with some of the outstanding medical device stocks on the ASX.

The ASX 200 Index hit a high of 7,197 points on the 20th Feb before falling all the way down to 4,402 points on the 23 March 2020. A 38% drop from top to bottom.

The ASX 200 (XJO:ASX) managed to fight off the widespread implications of Victoria’s ‘State of Disaster’ announcement, finishing flat for the delay despite nearly all businesses now being forced to close down.

Justin Arter, who previously headed the $62 billion portfolio managed by the Victorian Funds Management Corporation, has taken the role as CEO of industry fund CBUS Super.

Let’s face it: most people find wealth management mysterious, tedious and something best done some other day.

The recent slavery scandal surrounding the fast fashion brand Boohoo has further intensified the focus on the “S” element within ESG factors.  The “S” pillar has been gaining prominence since the start of the pandemic, with increased attention on how companies treat their workers.