Uncategorized

Moody’s Ratings says in a new report that Australian listed companies (carrying Moody’s ratings) ended the June 30 fiscal year in good shape. They expect these companies (like BHP, Scentre, Dexus, Santos, Woolworths, Coles, Wesfarmers, Brambles, CSL, BlueScope Steel) to weather the economic slowdown. Regarding key sectors, Moody’s forecasts that natural resources companies will face […]

It’s happened in WA nickel, and now it’s happening in lithium. Australian-US lithium producer Arcadium Lithium (ASX:LTM) has suspended future expansion plans for its Mt Cattlin spodumene operation in Western Australia. The company, formed a year ago from the merger of Allkem and Livent, said the decision was in response to the ongoing decline in

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

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,

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

US stocks struggled overnight as investors grew increasingly concerned about the health of the economy, particularly ahead of Friday’s crucial nonfarm payrolls report. The S&P 500 dipped 0.3 per cent, while the Dow Jones Industrial Average lost 0.54 per cent. The Nasdaq Composite managed a small gain of 0.25 per cent. Turning to the US

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

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

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

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