News

Russia’s invasion of Ukraine will continue to have a significant impact on the outlook of the global economy and the human race for decades to come. This is something highlighted by global consultancy firm, McKinsey, in a recent post tracking the 12 major disruptions that are set to change the world as we know it.

Australian women are, on average, investing more of their income into sharemarkets, and overwhelming focused on using their capital to back more ‘ESG friendly’ investments. These were among the key conclusions of Pearler, an investing app that seeks to both educate and build a community around finances and investing.

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

Fast fashion jewellery shouldn’t be a lucrative market. Yet Lovisa Holdings Ltd has grown sales by 30% per annum for the past decade, with its store count increasing 12-fold. Over 70% of its outlets now reside outside Australia, with an ambitious plan to take its success across Europe and North America.

In case you missed it, the second crypto meltdown is underway a month after the implosion of the Terra stable coin, sent crypto markets tumbling. This crypto sell-off has claimed another casualty, ‘The Celsius Network’.

If there was one word to summarise the relationship between the big four banks and interest rates, it would be volatile. In March, the banks rallied after the Reserve Bank of Australia shifted its dovish rhetoric and signalled imminent rate rises to combat inflation. Now with the RBA acting on those increases by most recently passing a 50 basis point increase, big four shares are tumbling over themselves.

Speaking at the Financial Standard’s forum on the growth of Exchange Traded Products was a panel of three experts, Ganesh Balendran from ETF Securities, Dan Annan CEO of Cosmos Asset Management and William Spraggett distribution partner at 3iQ Digital Asset Management. The three discussed the rapid growth of cryptocurrency in Australia and the trends going forward.

Crypto can’t seem to catch a break, with prices plummeting yet again, as central banks including the RBA, continue hiking rates even higher.

From its infancy to now, the Exchange Traded Products (ETP) market has been growing exponentially, with 2021 becoming a record year for flows despite the COVID-19 pandemic. What started with about 126 products, has quickly grown to more than 266 products in the Australian market alone.

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.

It’s every Australian’s dream to win a division one jackpot. While your odds of that are pretty slim, you can now benefit from lotteries in another way. Last week The Lottery Corporation Ltd (ASX: TLC) – which owns brands including Tattslotto, Powerball and Ozlotto in addition to Keno outlets – was listed as a standalone…

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…