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Why the next wave of AI can generate $15 trillion globally: CSIRO

This year’s floods are now the second-costliest extreme weather event in Australia’s history, passing 1974’s Cyclone Tracy and sitting only behind 1999’s Sydney Hailstorm, with the Insurance Council of Australia revealing the latest figures on insured losses.

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7 global megatrends that will shape how investors should invest

A once-in-a-decade report from Australia’s national science agency has identified seven global megatrends that hold the key to the challenges and opportunities ahead – both for the world and, in turn, for investors.

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Note from the MD: RBA’s new forecasts on inflation, GDP growth

After seven straight days of plummeting prices – plus a new 52-week low – Australian shares finally rebounded yesterday, with the ASX 200 ending the session up 1.41%, at 6523.8 points.

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Results are in: Viable drill targets identified in two areas at Woyla

Junior gold explorer Far East Gold has revealed a “significant outcome” for its Woyla project following the company’s first-ever Induced Polarisation geophysics survey at the site

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Fundie: The market has not yet reflected this sector’s true value

A few years ago, Vasilios Piperoglou netted his fund a ‘five-bagger’ after identifying a key thematic in a “misunderstood and unloved” sector. Now, the fundie has identified a new thematic he believes is “very much on a similar plane”.

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Tie-breaker: Spanish PM lets loose with ideas to fix energy crisis

As Australia grapples with its worst-ever energy crisis, white-collar workers might be wise to take a leaf out of Spain’s book, courtesy of one seemingly off-the-cuff idea from its enterprising leader.

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Software biz reveals strong momentum in $915 billion market

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In July, Armytage Private’s Lee IaFraté selected Praemium as one of his favourite stocks, pointing to the company’s recent solid profits, realignment…

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Note from the MD: Why global investors may turn up Down Under

Where might global investors look for returns in today’s volatile, high-inflation world? Australian equities are the answer, according to several pundits.

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Risks to global outlook overwhelmingly tilted to downside: IMF

The International Monetary Fund has updated its World Economic Outlook in recent days, and the latest report makes for somewhat uncomfortable reading.

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Australia’s $18 billion issue this AI is helping to address

Australia has suffered through floods, bushfires, tsunamis and other natural disasters that, on an annual basis, have taken more than 80 lives and cost an average of $18.2 billion. Remote areas are likely the worst affected due to their low capacity for disaster resilience.

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What goes up: Disgruntled employee destroys luxury marina

High staff turnover is now costing Australian businesses a hefty $23,000 for each worker lost – up from $10,000 last year. Still, not quite as shocking as the Canadian business whose ex-worker just cost them “millions”.

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Aussie wellness biz launches into FY23 with healthy pipeline

A boost to cash receipts and purchase orders in the last quarter has given an Aussie health and wellness business new vigour – but it’s the company’s upcoming product launches that is providing the real spring in its step.

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