Vocus Falls Foul of the ACCC, Fined $2.5m
Vocus Group suffered the embarrassment yesterday of two of its main brands – Dodo and IPrimus – being fined a total of $2.5 million in the Federal Court after an ACCC investigation.
Read MoreVocus Group suffered the embarrassment yesterday of two of its main brands – Dodo and IPrimus – being fined a total of $2.5 million in the Federal Court after an ACCC investigation.
Read MoreThe Australian sharemarket hit a fresh record high on Wednesday, easily recouping the prior days’ losses, with energy and mining stocks leading the charge higher.
Read MoreCorporate Connect research analyst Lawrence Grech has today released an updated report on Australian thermal coal miner TerraCom, valuing the stock at $0.24 per share.
Read MoreBell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: Positive prospects for dividends.
Read MoreASX200 up 50 points (0.7%) to 7193. Woodside (+3.2%); has appointed former WA Treasurer Ben Wyatt as a non-executive director.
Read MoreWorld oil prices rose to two-year highs on Tuesday after OPEC and a group of allies resisted pressure to accelerate the pace of the reduction in the size of its production cap.
Read MoreThe Dow Jones index rose by 46 points or 0.1%. But the S&P 500 index eased by 0.1%. And the Nasdaq index lost 12 points or 0.1%.
Read MoreFollowing encouraging data from the Australian Bureau of Statistics yesterday, economists have revised up their estimates for March quarter GDP in today’s national accounts.
Read MoreSherry Qin, a research analyst based in Fidelity’s Shanghai office, runs through China’s EV industry, which she believes could grow even faster than current estimations predict.
Read MoreThe great housing boom continues – prices surged in May and building approvals for owner-occupied again rose in April, although there was a sharp drop in approvals for units and apartments.
Read MoreThe West Australian government is making sure that the booming iron ore sector pays its share of royalties and taxes, which means the likes of Fortescue and BHP will be forking out more in coming years.
Read MoreTal Lomnitzer, Senior Investment Manager in the Global Natural Resources team at Janus Henderson, explains why copper has been hitting all-time highs and discusses its implications and outlook.
Read MoreNo rate change from the Reserve Bank yesterday, with the official cash rate remaining at 0.1%. But continued strength in commodity prices and wage pressures are looming concerns.
Read MoreThe Aussie market fell for second successive session starting the month of June with a small decline. The ASX 200 was down as much as 44pts or 0.6% before recovering a touch to a loss of 19ts or 0.27% at 7,142.
Read MoreThe Aussie market is weaker for a second successive session with the ASX 200 falling close to 0.5% at midday. Losses have been across most of the market led by banks and healthcare declines.
Read MoreIron ore prices ended May on a high with the 62% benchmark fines product from Australian producers back near $US200 a tonne, but still off sharply from the all time highs reached on May 12.
Read MoreThe ASX-200 ended May 1.9% higher for its 12th straight monthly gain, and for that, investors can thank the big four banks.
Read MoreDexus has lifted its full-year guidance and now expects a 3% growth in distributions per security for the year to June instead of the previous guidance for flat outcome.
Read MoreAfter some years in the doldrums, the major Australian banks are now poised for a period of strong performance, which bodes well for investors in the sector, according to Perennial’s Stephen Bruce.
Read MoreNews Corp’s 61% owned property listing business REA Group is continuing to withdraw from involvement in Asian markets that once were seen as key to its future growth outside Australia.
Read MorePete Morrissey, Fund Manager of the APN AREIT Fund, dissects the Australian Real Estate Investment Trusts (AREITs) sector by looking at its recent past, present, and future.
Read MoreLink Administration shareholders do not like the idea of a float for online conveyancing group PEXA that only nets around $50 million in cash for its dominant stake in the company.
Read MoreShares in BetMakers shed more than 13% on Monday as investors gave the thumbs down to its audacious $4 billion cash-and-scrip bid for Tabcorp’s wagering division.
Read MoreThe Aussie market has finished May with a slight drop as the ASX 200 fell 18pts or 0.25% to 7,161. The benchmark index still rose 1.93% in May, lifting for an 8th month in a row.
Read MoreStellar iron ore prices are supplying plenty of cash flow for Fortescue Metals so a modest lift in project costs has not induced panic.
Read MoreDomestic production gets priority in a strategy that seeks to boost China’s ‘soft power’, writes Magellan Asset Management Investment Specialist Michael Collins.
Read MoreThe Aussie market briefly topped 7,200pts for the first time this morning, eclipsing its previous record last Feb. But the index hasn’t managed to stay there and is now back in negative territory for the session so far.
Read MoreASX200 up 3 points to 7182. Nuix (-16%); have announced their second earnings downgrade in six weeks following “recent developments” in its new and existing customer contract revenue pipeline.
Read MoreIn his weekly Bites column, David Bassanese from BetaShares gives us a rundown of what’s happening in markets, both local and global.
Read MoreThe Dow Jones index rose by 65 points or 0.2%. The S&P 500 index lifted 0.1%. And the Nasdaq index gained 12 points or 0.1%.
Read MoreCatch up on the full webinar with presentations from Volpara Health (ASX: VHT), Platina Resources Limited (ASX: PGM), Andromeda Metals (ASX: ADN) & Talga Group (ASX: TLG).
Read MorePresenter – Ralph Highnam – CEO – Volpara Health provides clinically validated, AI-powered software for personalized screening and early detection of breast cancer.
Read MorePresenter – Mark Thompson – Managing Director – Talga is a battery anode and graphene additives company headquartered in Perth Western Australia.
Read MorePresenter – James Marsh – Managing Director – Andromeda Metals Limited is focused on developing Carey’s Well halloysite-kaolin deposit in South Australia.
Read MoreFutures trading on Friday put the ASX 200 up a tiny 6 points for the resumption of trading on the local market today – which, without the guide from the US tonight should make for a quiet couple of days.
Read MoreA busy week in store on the economics front as we get a Reserve Bank monetary policy meeting, a clutch of start of month economic data and then the national accounts and GDP numbers for the March quarter.
Read MoreA big week for markets and investors – although trading will be shortened because of the US Memorial Day holiday today – that should give us a good idea how the world economy is travelling and where it is heading.
Read MoreA mixed end to May: for most of the world’s biggest and most important markets, today’s Memorial Day holiday in the US (and one in the UK as well) means Friday was the final session for the month.
Read MoreA fair bit going on at the moment, here are a few developing stories from over the weekend we thought you might like updates on, involving PEXA / LNK, ING, SHV, TAH and FMG.
Read MoreOne of the more intriguing aspects of the stock market in recent years has been the burgeoning medicinal cannabis sector; and Australian Primary Hemp is driving a similar story for one of cannabis’ varieties, hemp.
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