News
Historic find: Aussie miner digs up $100 million stone in river bed
An ASX-listed mining company has unearthed a rare pink diamond that is believed to be the largest found in 300 years.
Prescient signs cell manufacturing deal ahead of OmniCAR trials
An Australian company developing personalised therapies for cancer has joined forces with a specialist cell therapy manufacturer to bolster its capabilities in the lead-up to clinical trials.
Wrap of the week: Get across what’s done and what’s to come
Sentiment towards risk assets has continued to improve over the past week, but conflicting signals and opinions have investors split over where markets may be headed from here.
Watchdog shines light on investor behaviour post COVID onset
ASIC has lifted the veil on investor motivations, attitudes and behaviours in the period following the onset of the pandemic, with the regulator’s research report offering up a few surprises.
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.
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.
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.
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
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”.
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.
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…
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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