News
Investors ‘beginning to appreciate’ scale of biotech market opportunity
Biotechnology companies have emerged from the COVID pandemic in “healthy if not robust” shape and investors are taking notice, says Prescient Therapeutics chair Steven Engle.
RBA Governor rejects market speculation of 2022 rate hike
Reserve Bank of Australia Governor Philip Lowe has shot down claims a rate hike could happen next year, saying it is “plausible” the cash rate will not move before 2024.
Uniti Group speeds up growth to challenge NBN monopoly
Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. Ed Prendergast, from Pengana Capital Group, selected Uniti Group as one of his three favourite stocks as the company moves from acquisitions…
TZ flags sizeable US sales growth following successful capital raise
Australian software company TZ is reporting US purchase orders of AUD $7.75 million for the four months from the start of July to the end of October, representing a 40% increase vs the same period last year.
Note from the MD: ASX tipped to rise despite abrupt end to Wall Street’s winning streak
Investors are feeling optimistic this morning with futures markets pointing towards a 20-point gain (0.3%) on the ASX despite inflation fears putting an end to Wall Street’s recent upward momentum overnight.
Global economy faces $73 trillion speed bump on the road to green energy transition
Pressure is mounting on miners as supply of critical metals needed for clean energy technology is growing increasingly tight, Perennial Partners’ Samuel Berridge has cautioned.
‘Lifeblood of digital economy’: Government hails IoT’s potential to transform society
Australia’s burgeoning ‘Internet of Things’ (IoT) industry could improve productivity and transform the national economy, Senator Jane Hume has told industry insiders.
How a ‘buggy’ new crypto is helping exporters avoid commissions
Beetle exporters in Colombia have released their own bug-themed cryptocurrency in a bid to cut commissions paid to Japanese salespeople.
Australian fintech company registers record growth despite COVID chaos
As the rest of Australia begins to return to normalcy, Registry Direct (ASX: RD1) CEO Steuart Roe is gearing up for something special.
Miracle on High Street: COVID-stricken retailers prepare for Christmas boom
Forget the stocking stuffers, this year it’s all about till fillers as Australia’s long-suffering retail sector gears up for a welcome Christmas boom.
Not shabby, JAN: Janison Education’s bumper year attracts investor attention
Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In August Ron Shamgar, from TAMIM Asset Management, selected Janison Education as one of his three favourite stocks amid a period of…
Wellnex Life grows receipts to near $5m during ‘transformational quarter’
Australian health and wellness company Wellnex Life grew cash receipts to $4.85 million during the September quarter, with additional opening purchase orders climbing to $1.35 million.
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