July 2024

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses interest rates. The “make or break” June quarter inflation and retail sales data for Australia came in on the softer side compared to market expectations. Headline inflation rose by 1% over the quarter and 3.8% over the year, matching economists’ expectations as […]

A very different tone to the June sales report from Toyota compared with the upbeat March when the company revealed record global sales for the year to March 31 (the end of the company’s financial year). Toyota said its global production fell again in June, down for a fifth month in a row. The auto

The Chinese economy is not in a healthy position, judging by another set of gloomy official activity surveys across the economy for July. In fact, the results from the surveys conducted by the National Bureau of Statistics suggest the economy may have slowed slightly more in July. The official manufacturing Purchasing Managers’ Index (PMI) eased

There’s a big warning hidden in June’s seemingly strong retail sales figures (ending the 2023-24 financial year) from the Australian Bureau of Statistics for investors and those urging the Reserve Bank to lift rates because inflation is too high. The headline rise of 0.5% month-on-month was misleading – yes, it happened, but it was due

Companies discussed include: Orora Limited (ASX:ORA)Mineral Resources Limited (ASX:MIN)Generation Development Group Limited (ASX:GDG)

Equity Events is a Brisbane based company which specialises in organising investment events for the mining, energy, exploration and industrial sectors. Each year the host the very successful Noosa Mining Conference.

To register for Friday’s webinar click here. Jindalee Lithium (ASX:JLL) announced that battery-grade lithium carbonate has been successfully produced from ore from the McDermitt Lithium Project. All steps of the processing flowsheet for the Project from ore beneficiation and leaching to purification and production of battery-grade lithium carbonate are now validated. Shares are trading 13.46

Australian annual inflation increased to 3.8% in the June quarter, aligning with market expectations. While quarterly inflation remained steady at 1%, core inflation eased slightly. This data will significantly influence the Reserve Bank of Australia’s interest rate decision next week, with markets anticipating a potential rate hike despite global central banks adopting a more cautious

Man cannot live by beer alone, and the Grog Group certainly can’t survive off the back of big rises in sales of its legendary Guinness products – even if the big gainer was no-alcohol Guinness (which seems a contradiction in terms). Over the decades, men of a certain bent have loudly proclaimed they could live

Rio Tinto (ASX:RIO) delivered a flat result for the six months to June and maintained its interim dividend for shareholders despite stronger copper returns. However, the market may react negatively as the figures fell short of analyst expectations. The interim dividend remained steady at US$1.77 per share after sales revenue edged up 1% to US$26.802