Growth managers continue to show their wares in the first quarter of 2020, holding up better than their value counterparts across Australian equity funds, declining only slightly less than the benchmark. The COVID-19-induced volatility over the first quarter led investors to assume that value strategies would come out on top. Morningstar says: “Looking at the…
Significantly higher impairment charges will be a feature of the upcoming interim reporting season for three of the big banks and will continue to rise next financial year. Macquarie Securities has issued a report on the banking sector, saying: “We now incorporate in our forecasts a credit cycle with impairment charges peaking at around 50…
The Australian Taxation Office has deferred lodgement of self-managed super fund annual returns. The ATO says returns due on 15 May and 5 June are now due on 30 June. The tax office says there is no need for a trustee of their tax agent to request a deferral. The new date applies to all…
Is the Australian Dollar (AUDUSD) going to bounce back? Should investors think about hedging the Aussie dollar? Here’s a question Owen received from a Rask Invest members this week. Hey Owen, could you please do an article on hedging? Do you think about it all, or would you ever do it, or just ignore it for the very long…
This month we take a look at the well-known job advertisement business, Seek Ltd, led by the formidable Paul Bassat. Seek was founded in 1997 by Paul Bassat, utilizing its first-mover advantage and network effects to entrench itself into the Australian employment market. It is one of Australia’s true technology leaders driven by a management…
The Australian stock market is tipped to open higher on Monday, with SPI futures pointing to a positive open.
Australia’s ASX 200 pared early gains to finish Thursday down just 0.1% for the day as a swath of updates and further capital raisings filtered through the market.
Markets remain as volatile as can be expected given the uncertain conditions, with most markets posting gains after two days of losses.
The precipitous drop in oil prices continued with futures for June delivery falling to just $12 per barrel. The moves place mounting pressure on many global economies from Russia, to Saudi Arabia and even Australia, the worst.
Oil is worthless, Virgin set for administration and Netflix Inc reports strongly.
