LA Private

September 2024

45 years in financial services: A conversation with Bernie Fernandes

Bernie Fernandes, State Manager (WA & SA) of Sequoia Financial Group (ASX:SEQ), talks with CEO and Managing Director Garry Crole. Bernie shares insights for advisors from his long career. Topics discussed include:Evolution of the industryWork habits and ethics90-day planningBusiness coachingCharacteristics of successful advisorsMotivationSupport and encouragement for advisors

45 years in financial services: A conversation with Bernie Fernandes Read More »

Winston’s Weekly: Is the property market bottoming out?

This week’s episode of Winston’s Weekly dives into the latest market trends, focusing on the US equity markets, Australian economy, and REIT performance. We discuss the impact of recent economic data, Fed policies, and market sentiment on property investments. Disclaimer: This information is General Advice only and does not take into account your individual objectives,

Winston’s Weekly: Is the property market bottoming out? Read More »

Oil prices plunge as OPEC hesitates

The OPEC+ oil alliance has blinked, delaying a planned easing of production cuts as global oil prices continue to slump. Confirmation of this decision caused oil prices to briefly reverse their downward trend on Thursday. US crude futures rose above $70 a barrel, but then fell back below that level later in the session and

Oil prices plunge as OPEC hesitates Read More »

NAB revises commodity forecasts

With iron ore prices falling to near two-year lows on Thursday, the National Australia Bank (ASX:NAB) has updated its forecasts for commodity prices for the next year and beyond. Apart from gold, the outlook is particularly bleak, especially for iron ore and coking coal companies. October iron ore futures fell to just over US$90 a

NAB revises commodity forecasts Read More »

Coronado cuts full-year guidance

A significant drop in the price of shares in Coronado Global Resources (ASX:CRN) occurred on Thursday after the company announced it had reduced its full-year guidance due to issues at a key Queensland coking coal mine. Due to the lower mining rate and production, the company also warned that costs per tonne will rise, even

Coronado cuts full-year guidance Read More »

ACCC approves Optus-TPG network sharing deal for regional Australia

Optus and TPG (ASX:TPG) have received approval from the competition regulator, the ACCC, which should lead to improved mobile services across much of rural and regional Australia. The approval, announced on Thursday, allows Optus and TPG (which also owns Vodafone) to proceed with their regional network and spectrum sharing plans. TPG, in particular, is expected

ACCC approves Optus-TPG network sharing deal for regional Australia Read More »

Apollo Global Management halves stake in Challenger

Challenger (ASX:CGF) shares fell by more than 13% on Thursday after its largest shareholder, American investor Apollo Global Management, more than halved its stake in the Sydney-based investment group. The decline erased over half a billion dollars from the value of Challenger’s shares, as investors worried about the future of the relationship between Challenger and

Apollo Global Management halves stake in Challenger Read More »

Senetas Corporation (ASX:SEN) FY2024 results

Senetas Corporation Limited (ASX:SEN) CEO Andrew Wilson discusses the company’s results. Following the presentation, he is interviewed by Trim Capital Co-Founder Glen Wellham. Highlights include:Consolidated group operating revenue $31.2m (up 6.5 per cent)Strong growth in sales to customers of hardware productsConsolidated gross profit up 12.6 per cent to $27m, with gross margins up 4 percentage points

Senetas Corporation (ASX:SEN) FY2024 results Read More »