August 2023

Four hours northwest of Townsville, Australia’s energy transition to net zero by 2050 is taking a significant step forward with the near-completion of Genex Power’s $777 million Kidston pumped hydro project.  Situated 220 meters beneath an old gold mine, this ambitious undertaking is set to play a crucial role in replacing coal-fired power and advancing […]

In a move to stabilise global oil markets, Saudi Arabia has announced that it will extend its voluntary crude oil output cut of 1 million barrels per day into September. This marks the third consecutive month of such declines, according to the state-owned Saudi Press Agency (SPA). The decision comes as a response to the

Leading provider of collaboration and productivity software, Atlassian, has revealed its optimistic outlook for cloud services in the fiscal year 2024. The company anticipates robust growth in cloud revenue, with an expected year-over-year increase ranging between 25% to 30%. This positive projection aligns with Atlassian’s first-quarter forecast, which predicted cloud revenue growth in the range

A recently released report aims to provide a comprehensive understanding of the dynamic lithium sector, which has garnered significant interest from investors. The report, published as part of a series by RFC Ambrian, delves into the current and future trends within the lithium industry, shedding light on its potential risks and opportunities. The research report

The S&P 500 ticked lower for a third straight day, as Wall Street assessed the latest corporate earnings results and struggled to shake off pressure from rising bond yields, in which the benchmark 10-year Treasury yield is trading at around 4.18 per cent, near its highest level since November 2022. The S&P 500 fell 0.25

Following Wall Street’s overnight sell-off, the S&P/ASX 200 closed 0.58 per cent lower at 7,311.80. Iron ore prices are declining, heading towards $US100 per tonne. The drop is influenced by sluggish demand from China and the country’s plan to end night-time trading of metal futures to reduce market fluctuations. Currently, Singapore iron ore futures for

Downer EDI’s (ASX:DOW) relatively new management team asserts that it has successfully addressed all the issues, met the revised guidance for the financial year ending in June, and is committed to delivering on its promises regarding cost reductions and margin rebuilding over the next year. In a statement to the ASX on Thursday, Downer EDI

In what could be a significant trend for REITs this reporting season, BWP Trust (ASX:BWP), the landlord of 65 Bunnings warehouses, has disclosed asset write-downs across its substantial $3 billion large-format retail portfolio. As the first A-REIT to release its full-year 2023 results, BWP Trust unveiled a 2.2% or $64.6 million net fall in property

Recently, Sequoia Financial Group Investment Manager Winston Sammut spoke to us about property opportunities and pitfalls in the current economic climate. On the back of this, this article looks to expand on these points in depth, whilst highlighting the companies that fall within these sub sectors of the A-REIT market. Currently, there are a lot