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ASX flat, Sydney Airport up 34% to 17-month high

US Independence Day, mixed fortunes on the ASX, Sydney Airport takeover bid It was a rough start to the week for the ASX 200 (ASX: XJO) which opened as much as 1% higher before finishing broadly flat. Most sectors closed lower, IT and retailers were down around 1% with no overseas lead due to the US Independence Day holiday….

The Inside Network | 5th Jul 2021 | More
ASX adds 24% in record-breaking financial year

ASX fades to small gain, 24% return for the financial year, Telstra’s buyback surprise The ASX 200 (ASX: XJO) managed to finish the financial year on a positive note, adding 0.2% on Wednesday with the communications sector the biggest contributor, up 2.7%. The result took the quarterly return to 7.7% and the financial year to 24%, the…

Investor Strategy News | 30th Jun 2021 | More
Club Plus Super chooses Aussie Super for merger

Club Plus Super, the NSW-based industry fund representing primarily the employees of licensed clubs, has elected AustralianSuper as its preferred merger partner. In a joint announcement last week (May 13), Stefan Strano, the chief executive of Club Plus, said that exploring a merger was in the best interest of members. The funds have signed a…

Greg Bright | 14th May 2021 | More
  • … as big super funds head towards a 15% return

    If their momentum holds for a few more weeks, some of Australia’s largest super funds are likely to provide a return of 15 per cent or more for the financial year, the best for at least eight years. According to discussions with the top 10 funds which made the finalists’ list for the upcoming Chant…

    Greg Bright | 14th May 2021 | More
    Finally, a win for retirees

    The ATO delivered some positive news, approving fractional property investment platform Domacom’s’ application to broaden the use of the $300,000 downsizer contribution.

    Drew Meredith | 27th Aug 2020 | More