News
Two key factors that investors should hunt for in bearish markets
Tuesday’s market sell-off was a timely reminder of the risks inherent in investing, but for Merewether Capital’s Luke Winchester the drop is only an inconvenience.
Note from the MD: $90 billion wiped off markets in worst day since 2020
Firstly, let’s address the elephant in the room: Tuesday saw almost $90 billion wiped off the market in a dramatic sell-off that saw the leading ASX 200 index give up 246 points (3.5%)
Note from the MD: RBA’s shock rate hike the largest increase in 22 years
Another month, another rate rise – and while an increase wasn’t surprising given inflation continues to accelerate, the Reserve Bank’s decision to go the whole hog and increase the cash rate by a full 50 basis points certainly came as a surprise to many.
‘Significant global potential’ for Aussie software play: PURE
Another month, another rate rise – and while an increase wasn’t surprising given inflation continues to accelerate, the Reserve Bank’s decision to go the whole hog and increase the cash rate by a full 50 basis points certainly came as a surprise to many.
Prescient unveils new platform after 18 months in stealth mode
Australian biotech company Prescient Therapeutics has publicly revealed its high-performing cell therapy enhancement platform named CellPryme-M, developed in collaboration with the Peter MacCallum Cancer Centre.
Investors throw support behind Wellnex’s digital marketplace
Wellnex Life has successfully raised more than $6 million from investors to finance its wholly owned online retail channel in a move the company expects will increase margins.
Treasurer moves on high energy prices amid commodity inflation
Newly sworn-in Treasurer Jim Chalmers has enlisted the Australian Competition and Consumer Commission (ACCC) in its fight against record energy prices pressuring Australian households.
Kentucky Fried… Cabbage? Food shortage hits chicken chain
A nationwide shortage of lettuce has forced KFC Australia to switch to a mixture of the leafy green vegetable and cabbage in its burgers and wraps.
Propell notches up second record-breaking month for 2022
Small business alternative lender Propell grew its client base to more than 2000 small and medium-sized enterprises in a record-breaking May – placing the company well ahead of its own growth forecasts.
Australia on track to deliver ‘above average’ harvest as global food crisis looms
Australian farmers have planted record amounts of wheat and canola, setting the foundation for a massive harvest year amid escalating fears of a global food crisis.
Pretty penny: Why it pays to wait for the right moment to pounce
Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In February, Martin Pretty, from Equitable Investors, selected Earlypay as one of his three favourite stocks, noting the business had gone from…
Note from the MD: Markets end worst month since January with a 75-point drop
The market struggled on the final day of the month, with the benchmark ASX 200 index (XJO) giving up 75.4 points (1%) to close at 7211.2 – marking the worst month since January.
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