Well, as a regular Aussie, I'm hoping to see some tangible benefits that make a difference in my day-to-day life. Maybe some tax relief or increased spending on public services like healthcare and education.
ASX 200 up 11 points to 7804
Perpetual ( $Perpetual Ltd(PPT.AU$ ) shares fell 7.08% to $22.32 after announcing the sale of it’s best business units to KKR….Below is how they summarized the deal:
Strong outcomes for shareholders??? Unlocking value??? Has the PPT board been in Bali lately – tucking into some SPECIAL mushroom omelettes?….In reality they delivered a strong outcome for KKR and their investors.
In hindsight, the PPT board should have put shareholders out of their mis...
Perpetual ( $Perpetual Ltd(PPT.AU$ ) shares fell 7.08% to $22.32 after announcing the sale of it’s best business units to KKR….Below is how they summarized the deal:
Strong outcomes for shareholders??? Unlocking value??? Has the PPT board been in Bali lately – tucking into some SPECIAL mushroom omelettes?….In reality they delivered a strong outcome for KKR and their investors.
In hindsight, the PPT board should have put shareholders out of their mis...
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Shares in Tourism Holdings Rentals ( $Tourism Holdings Ltd(THL.AU$ ) tanked 37% after issuing a hefty profit downgrade.
THL which operates a fleet of over 7000 rental campervans under brands including Britz, Maui and Apollo, said a big slump in sales of ex-rental campervans in Australia in April was the major factor as well as cost of living pressures.…
I wonder if the the boomers have gotten bored with travelling around Australia so they are back on the cruises in ...
THL which operates a fleet of over 7000 rental campervans under brands including Britz, Maui and Apollo, said a big slump in sales of ex-rental campervans in Australia in April was the major factor as well as cost of living pressures.…
I wonder if the the boomers have gotten bored with travelling around Australia so they are back on the cruises in ...
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📈Today's CPI data has thrown a spotlight on Australia's stubbornly high inflation rates!
💸 It's not just any inflation, it's the kind that's deeply rooted in our own backyard.
🏠 Core inflation, which is the Reserve Bank of Australia's (RBA) favorite yardstick, is still hovering at a whopping 4%. And domestic inflation? A staggering 5%! 😮
This is not good news for Australia's economy.
$Westpac Banking Corp(WBC.AU$ $CommBank(CBA.AU$ $Rio Tinto Ltd(RIO.AU$ $BHP Group Ltd(BHP.AU$ $CSL Ltd(CSL.AU$
💸 It's not just any inflation, it's the kind that's deeply rooted in our own backyard.
🏠 Core inflation, which is the Reserve Bank of Australia's (RBA) favorite yardstick, is still hovering at a whopping 4%. And domestic inflation? A staggering 5%! 😮
This is not good news for Australia's economy.
$Westpac Banking Corp(WBC.AU$ $CommBank(CBA.AU$ $Rio Tinto Ltd(RIO.AU$ $BHP Group Ltd(BHP.AU$ $CSL Ltd(CSL.AU$
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ASX 200 up 81 points to 7649
Industrials, Retail & Financials rallied while it was a mixed bag for Resources….The market is now treating the flare up between Israel and Iran as a nothing burger which can be evidenced by the reversal of last Friday’s rally in GOLD, SILVER and OIL.…. $Qantas Airways Ltd(QAN.AU$added 3.56%, $Telstra Group Ltd(TLS.AU$put on 1.37% and $Global X Metal Securities Aust(ETPMAG.AU$fell 2.57%.
Random Observation
Careful out there (speaking from experience –...
Industrials, Retail & Financials rallied while it was a mixed bag for Resources….The market is now treating the flare up between Israel and Iran as a nothing burger which can be evidenced by the reversal of last Friday’s rally in GOLD, SILVER and OIL.…. $Qantas Airways Ltd(QAN.AU$added 3.56%, $Telstra Group Ltd(TLS.AU$put on 1.37% and $Global X Metal Securities Aust(ETPMAG.AU$fell 2.57%.
Random Observation
Careful out there (speaking from experience –...
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I think there is a strong chance that Coronado Global Resources ( $Coronado Global Resources Inc(CRN.AU$ ) is going to have merger talks again with Peabody Energy (listed on the NYSE) on news that Energy and Minerals Group’s deal to sell its 51% in CRN to a Czech tycoon has fallen over.
I also wouldn’t be surprised to see the very cashed up YanCoal ( $Yancoal Australia Ltd(YAL.AU$ ) show some interest….
To get the job done would take around $2.20 so there is some d...
I also wouldn’t be surprised to see the very cashed up YanCoal ( $Yancoal Australia Ltd(YAL.AU$ ) show some interest….
To get the job done would take around $2.20 so there is some d...
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$Hawsons Iron Ltd(HIO.AU$ The Hawsons Iron share price is flying higher after the company released an update on its Hawsons Iron Project.
This comes following a review of the results from work undertaken in response to the action plan recommended by the Strategic Review in February 2023.
Likely lifting the ASX iron ore stock today is the company's revelation that it has confidentially provided a detailed Information Memorandum (IM) with these result...
This comes following a review of the results from work undertaken in response to the action plan recommended by the Strategic Review in February 2023.
Likely lifting the ASX iron ore stock today is the company's revelation that it has confidentially provided a detailed Information Memorandum (IM) with these result...
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📊 According to the latest intel from Goldman Sachs, Wednesday is shaping up to be a day of mixed emotions for Rio Tinto investors.
🚫 On the downside, the broker is predicting iron ore shipments of 75.5Mt for the quarter. Ouch! That's a whopping 12% decline from the previous quarter and a 9% drop year-on-year. Even worse, it falls short of the consensus estimate of 79.6Mt. 😓
⬇️ Alumina production is also expected to suffer a quarter-on-quarter d...
🚫 On the downside, the broker is predicting iron ore shipments of 75.5Mt for the quarter. Ouch! That's a whopping 12% decline from the previous quarter and a 9% drop year-on-year. Even worse, it falls short of the consensus estimate of 79.6Mt. 😓
⬇️ Alumina production is also expected to suffer a quarter-on-quarter d...
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It’s forecast that copper demand could grow by nearly 10 million tonnes, representing roughly 35% growth.
This is due to its importance in everything from power grids to batteries
Demand for copper is expected to see between 4-6% annual growth over the next 8 years.
To put things into perspective the average annual growth in copper demand between 2010 and now is just 2.5%.
In other words:
From here on out global demand for copper is expected to grow at twice the rate it ha...
This is due to its importance in everything from power grids to batteries
Demand for copper is expected to see between 4-6% annual growth over the next 8 years.
To put things into perspective the average annual growth in copper demand between 2010 and now is just 2.5%.
In other words:
From here on out global demand for copper is expected to grow at twice the rate it ha...
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🎉 Relief is here! You'll be thrilled to learn that Aussie oil companies still offer some golden opportunities. Here are three ASX-listed oil gems that caught my eye: 👀
🌟 Woodside Energy Group Ltd (ASX: $Woodside Energy Group Ltd(WDS.AU$ , LSE: $Woodside Energy(WDS.US$ ) 🌟
Despite share price dips since 2022, rising oil prices are a boon for Woodside! 💰
Selling oil and gas at higher prices boosts profits. 📈
Steady production costs? Even bet...
🌟 Woodside Energy Group Ltd (ASX: $Woodside Energy Group Ltd(WDS.AU$ , LSE: $Woodside Energy(WDS.US$ ) 🌟
Despite share price dips since 2022, rising oil prices are a boon for Woodside! 💰
Selling oil and gas at higher prices boosts profits. 📈
Steady production costs? Even bet...
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