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The ASX is proving fertile ground for Canadian-listed miners and explorers who believe they will be more appreciated by local investors than if they had remained listed solely on the Toronto Stock Exchange (TSX). TSX-to-ASX “migrants” cite poor liquidity on the Canadian bourse, coupled with subdued investor interest in junior resource plays. But for advanced […]

Australian shares closed flat on Wednesday, ignoring a strong performance on Wall Street. The lackluster performance was attributed to a higher-than-expected inflation rate in the September quarter. Australian shares were initially up by around 0.4 percent, following a positive lead from US indices, driven by strong quarterly results from companies like Microsoft, Coca-Cola, and GE.

Restaurant Brands New Zealand (ASX:RBD) is looking to boost annual sales to the $NZ1.3 billion mark by the end of this year after revealing a solid but unspectacular performance in the third quarter. Sales in Australia and New Zealand remained strong in the quarter but weakened noticeably in California. RBD operates the New Zealand outlets

Australia’s consumer price index (CPI) increased by 1.2 per cent in the September quarter compared to the previous quarter, slightly surpassing economists’ expectations, with an annualised CPI rise of 5.4 per cent in July-September, slightly higher than expected but lower than the previous quarter, while the core CPI also rose by 1.2 per cent for the quarter,

The Federal Government has added an additional $2 billion in subsidies, creating a $4 billion fund for Australian miners and exporters of critical renewable minerals, particularly battery materials. This fund will support both large and small miners, as well as those developing specialized devices for renewable technologies. Prime Minister Anthony Albanese unveiled this plan during

Woolworths Group (ASX:WOW) reported a 5.3% jump in first-quarter group sales, thanks to lower prices and solid demand for fruit, vegetables, and meat. The retailer said its key business, the Australian Food segment, and its fleet of Woolies and other outlets (Metros), saw better performance with an inflation-beating 6.4% improvement in sales, reaching $13.08 billion

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses five megatrends. Key pointsFive megatrends suggest higher medium term inflation pressures & lower economic growth than pre-pandemic.These are: a move away from economic rationalist policies; the reversal of globalisation; rising geopolitical tensions; climate change and decarbonisation; as well as slowing and aging

To register for Friday’s webinar click here. QX Resources (ASX:QXR) has commenced drilling at the Liberty Lithium Brine Project in California, USA. QXR Managing Director, Stephen Promnitz, said, “this is potentially a new large-scale lithium brine project – in the heartland of a rapidly growing battery supply chain in the USA. Participants in the USA