Ready to boom

Wendell Keuneman from Tidal Ventures speaks to Giselle Roux at The Inside Network’s Alternatives Symposium in Melbourne on winners and losers amidst the great pricing reset. The Inside Adviser

The S&P/ASX 200 Index rose by 0.5 per cent, driven by the increase in iron ore price. This surge propelled Rio Tinto up by 1.7 per cent, while Fortescue advanced by 0.4 per cent, and BHP increased by 1.5 per cent. The materials sector led gains, adding 1 per cent, followed closely by the technology…

The government’s reform package may be flawed, but it’s crucial that the first tranche goes through parliament before the next election, Abood said. Further delays will stall vital investment in the financial advice industry.