The Aussie market benefitted from the news that the Chinese Government had cut a key interest rate and a late rally in US markets to post a 1.2 per cent gain to finish the week. The result was driven by a jump in the technology and discretionary sectors, up 4.6 and 2.0 per cent after…
The local market couldn’t overcome growing concerns about stagflation, an instance when the economy slows as inflation increases, with the S&P/ASX200 falling 1.7 per cent on Thursday. The losses were broad-based, with every sector but healthcare falling, led by the consumer sectors. Healthcare gained 0.1 per cent with the discretionary and staples companies down 3.1…
The Morningstar-owned private markets publication Pitchbook this week highlighted the growing risks in the economy along with the potential impact of higher interest rates on the popular venture capital and private equity sectors.
There is growing pressure on the long-awaited Quality of Advice review to deliver real change to an industry that has been saddled with layer after layer of regulation, compliance and paperwork.
The domestic market was buoyed by a jump in the iron ore price as Chinese lockdowns continue to ease with the S&P/ASX200 gaining 1 per cent on the back of a 2.5 per cent jump in the materials sector. Only the staples sector finished lower, falling 1 per cent behind a 1.1 per cent fall…
The domestic market is slowly chipping away at recent losses, with the S&P/ASX200 gaining another 0.3 per cent on Tuesday behind a rally in the energy and utilities sectors. The energy sector was buoyed another 2 per cent by a rally in the oil price amid signs that Chinese demand may recover, with both Woodside…
The local market commenced the week on a more positive note, with the S&P/ASX200 gaining 0.3 per cent on the back of a strong performance from the industrials sector, which finished 2.4 per cent higher. Technology shares also rallied behind the likes of Xero (ASX: XRO) up 2.1 and 4.4 per cent as falling bond…
After a tumultuous few years that have seen reporting, compliance and information gathering requirements reach extreme levels, ASIC appeared to offer some respite this week.
The Liberal Party joined the ALP in focusing on housing affordability during their formal campaign launch this week.
Value investing has been the clear winner of the first third of 2022, with the tech-heavy Nasdaq leading losses in global sharemarkets.
