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Whitehaven Coal achieves strong results despite challenges

Whitehaven Coal (ASX:WHC) has announced robust financial results for the fiscal year 2023, overcoming operational challenges.  During FY23, Whitehaven Coal encountered difficulties such as flooding, weather delays, labor shortages, and operational constraints at Maules Creek. Despite these obstacles, the company successfully met its production and sales targets. Whitehaven Coal achieved an average coal price of […]

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Vulcan provides update on trading and earnings guidance for FY23

Vulcan (ASX:VSL, NZX:VSL), a leading industrial product distributor and value-added processor operating across Australasia, has announced an update for its financial year ended 30 June 2023. Following the completion of the fourth quarter of FY23, Vulcan is revising its earnings expectations for the fiscal year as outlined below. Vulcan now anticipates that integration costs for

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Plunging US inflation, Bullock for next RBA Gov, Gov Lowe’s legacy, RBA near top, BoE model risks

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australia economic events. Investment markets and key developments over the past week Global share markets rebounded strongly over the last week as US inflation fell sharply

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Australian equity strategy: The 4 key questions for the August-23 reporting season

Investors in the Australian equity market are gearing up for the upcoming August-23 reporting season, focusing on four key questions that will shape their investment decisions. Amid concerns about a decelerating economy, a strained consumer, and the lagged effects of the Reserve Bank’s hiking cycle, market attention will primarily revolve around gauging the extent of

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UBS supplier survey: Woolworths leads, Coles closing the gap in Australian supermarkets

According to the 34th UBS Supermarket Supplier Survey, Woolworths (ASX:WOW) maintains its lead over Coles (ASX:COL) in the Australian supermarket industry. The survey, conducted from 6-Jun-23 to 9-Jul-23, featured FMCG players providing insights on current trading and the outlook for the next 12 months. Suppliers rated COL and WOW across 26 subcategories on a scale

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Impending copper shortage spurs global demand, Australia poised for benefits

In recent times, discussions about an imminent copper shortage have been circulating, fuelled by the growing demand for the red metal in the pursuit of global net-zero emissions. Copper, known for its exceptional conductivity, holds a vital position in various industries, contributing to the enduring strength of its demand. Australia, with the world’s second-highest known

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