Category: News

Aussie equity markets have tempered themselves this week after the S&P 500 retreated -5.33% over the past five trading days, with the XJO shedding a modest -0.81% during the same period. The VIX stacked on over 13% as everyone braces for further volatility.

One of Australia’s leading cannabis manufacturing facilities has been formally acquired by a joint venture partner of Wellnex Life, propelling the health and wellness innovator forward in its goal to be a first mover in the emerging over-the-counter medicinal cannabis space.

Positive signs continue to emerge for Australia’s resilient business sector, with newly released figures showing turnover rose in 12 of 13 selected industries in August and all industries recorded year-on-year increases.

Investors are well versed in determining the true value of companies and deals, but it seems the art world is a different beast – with what must surely be the biggest-ever valuation disparity between an expert and collectors occurring this month.

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In May, Katana Asset Management’s Romano Sala Tenna selected Santos as one of his favourite stocks, noting its potential to generate strong…

Aussie equity markets surged yesterday on the back of a smaller-than-expected interest rate hike by the RBA. Coming in at 25 basis points and lifting the official cash rate target to 2.6%, it was half the 50 basis point hike that was widely forecast by economists and already priced in by markets.

It’s the parody of running funds, says Merchant’s Andrew Chapman: “Everyone wants to invest when things are going well, but that’s when it’s harder to make money. No one wants to invest when things are going bad. And ironically, that’s the best time to make money

Australia’s pharma landscape is in for arguably one of the largest developments in recent times – the long-awaited move to allow over-the-counter medicinal cannabis sales.

After more than 40 years of little to no innovation, a critical part of the mining industry is ripe for disruption.

In case you missed it, and for what it’s worth, Merriam-Webster has just added the abbreviations ICYMI and FWIW to its dictionary – along with 368 other new words from the realms of finance, business, tech, health, work, fun, slang and more.

Aussie gold explorer Far East Gold has broken further ground in its highly prospective 24,260ha Woyla copper-gold project, with recent samples encouraging the deployment of a second drill to complete Phase 1 of its diamond drill program.

With $10 trillion in prize money given to each of the 10 winners of this year’s Ig Nobels – the Nobel-esque prizes for comical scientific achievement – it’s fair to say lives will be changed.