News
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.
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.
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.
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”.
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.
Gold explorer gathers momentum with projects here and abroad
ASX-listed exploration company Far East Gold has taken further steps towards initial drilling at its highly prospective Woyla project in Indonesia following promising epithermal sample metallurgical test results and formal government approval on air emissions.
Note from the MD: Time for action as 47th Parliament opens
Australia’s 47th Parliament commenced yesterday, marking the first time in nine years that Labor MPs have sat on the right-hand side of the lower-house chamber.
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