Leaders

With markets starting to turn mildly positive, the driving factor seems to be cautious commentary from the RBA after several weeks of fuelling fears of a recession due to aggressive rate hikes.

Three new tiers will be added to Queensland’s coal royalty structure from July 1 as the Palaszczuk government attempts to take a bigger slice of the recent spike in coal prices.

Last month’s higher than expected inflation reading confirmed what many had long feared. Australia is not immune to the rising price of goods as a result of massive stimulus efforts during the pandemic, higher energy prices, supply disruptions and labour shortages.

With markets capitulating, cryptocurrencies sold off and the property market starting to dip, the widespread damage has been indiscriminate and unnerving. The ASX 200 Index is down 7 percent for the month and down 11 percent for the year to date. Many shares are now dipping below pre-pandemic levels but the market is still retaining the long term bull market trend.

Emanuel Datt, chief investment officer and founder of Datt Capital, presents his views on Latitude’s bid for Hum Consumer Finance.

Fund managers were among the top performers of the day, with Magellan gaining 2.1 percent. Here are three Buys that the brokers are confident will outperform.

Both the Australian and US markets have seen a modest rebound towards the end of the week, however, it’s a little too early to say whether the sell-off is over. This week brokers have issued a series of upgrades and Buy recommendations.

After decades in the industry there are a few key characteristics that tend to stand-out and are best to look out for when assessing these new and emerging opportunities.

With food supply under immense pressure, prices have subsequently increased rapidly leading to agriculture companies going through somewhat of a purple patch. And with no imminent solution to the shortage insight, one way to capitalise on this opportunity is via the BetaShares Global Agriculture Companies ETF.

This year’s Financial Review Rich List was once led by the mining magnates, Gina Rinehart and Andrew ‘Twiggy’ Forrest together with Atlassian tech duo Mike Cannon-Brookes and Scott Farquhar. The Pratts and Canva duo Melanie Perkins & Cliff Obrecht continued their dominance despite falling venture capital valuations. The list isn’t all that different from last…

Australia’s largest ETF provider, Betashares, has launched two new products designed to take advantage of the move to decarbonisation and renewable energy – BetaShares Solar ETF (ASX:TANN) and BetaShares Global Uranium ETF (ASX:URNM). The move comes just days after ETF competitor VanEck, announced it would launch a carbon credits ETF. The ETF will track the…

Jeremy Grantham’s “wild rumpus” appears to have well and truly begun. But it might only be the beginning of a gloomy period for markets. Jeremy Grantham, chief investment strategist of GMO and part-time prophet of doom, has been unusually quiet of late. One would expect the severe market dislocation we’ve been experiencing since the start…