News
Aussie tech business disrupting $4.4 billion global mining industry
After more than 40 years of little to no innovation, a critical part of the mining industry is ripe for disruption.
Word to the wise: Carefully read these new terms and definitions
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.
FEG digs up evidence of high-grade deposits, mobilises new drill
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.
Priceless discoveries: Ig Nobel winners scoop $100 trillion prize
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.
Note from the MD: Markets remain in flux as recession fears grow
Rate hikes have been the talk of the town here at home and in the US. While the RBA’s recent 50bp hike pushed the Aussie cash rate to its highest level since 2015, its US counterpart took it up a few notches to 75bp, bringing the US federal funds rate target to its highest since 2008.
Wrap of the week: Supersized rate hike shocks global markets
Equity markets around the globe have bled after yet another supersized 75bps rate hike by the Fed, bringing the current US federal funds rate target up to 3%-3.25%, the highest since 2008, and blowing out 2023 projections to 4.6%.
Govt unveils next-gen shark detection system in Aussie hotspot
Great white sharks are swimming in increasing numbers along the WA coastline, as well as increasingly close to shore, so it’s little surprise the WA Government has again turned to an Aussie company to install solar-powered tagged-shark detection receivers in the region.
The cancer-fighting tech disabling ‘force fields’ around tumours
ASX-listed biotech Prescient Therapeutics has unveiled the second component of its CellPryme cell therapy enhancement platform on stage at the prestigious CAR-TCR Summit in Boston.
Very well positioned to benefit from structural change, says fundie
Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In April, Yarra Capital Management’s Joel Fleming selected Probiotec as one of his favourite stocks, noting its potential for strong cash flow…
It has won many awards, and now Pepper has won over a veteran fundie too
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 Pepper Money as one of his favourite stocks, noting its first-rate management and…
Fundie’s strategy that saw his fund grow when indexes fell
If ever an investment group embodied the phrase ‘an oldie but a goodie’, it’s Hancock & Gore – from its roots as a blossoming sawmill business in 1867 to its market-outperforming status in modern times.
Note from the MD: Markets await rates call amid inflation panic
Global markets are on tenterhooks ahead of the release of the US Federal Open Market Committee’s latest interest rate decision, due early Thursday morning (Australian time).
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