Unloved and oversold: why nobody's buying gold
Gold, usually a safe haven in times of crisis, has increased only marginally this year despite the widespread turmoil that has rocked global markets.
Stock Ticker
- AGL AGL ENERGY LIMITED. 1.37%
- AIO ASCIANO LIMITED 1.07%
- AMC AMCOR LIMITED 2.47%
- AMP AMP LIMITED 2.28%
- ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED 3.43%
- APA APA GROUP 2.67%
- ASX ASX LIMITED 2.65%
- AZJ AURIZON HOLDINGS LIMITED 1.60%
- BHP BHP BILLITON LIMITED 0.13%
- BXB BRAMBLES LIMITED 1.00%
- CBA COMMONWEALTH BANK OF AUSTRALIA. 3.19%
- CCL COCA-COLA AMATIL LIMITED 0.85%
- CPU COMPUTERSHARE LIMITED. -0.37%
- CSL CSL LIMITED 0.33%
- CTX CALTEX AUSTRALIA LIMITED 1.22%
- CWN CROWN RESORTS LIMITED 3.91%
- DXS DEXUS PROPERTY GROUP 0.00%
- GMG GOODMAN GROUP 0.83%
- GPT GPT GROUP 0.85%
- IAG INSURANCE AUSTRALIA GROUP LIMITED 1.75%
- IPL INCITEC PIVOT LIMITED 2.28%
- JHX JAMES HARDIE INDUSTRIES PLC 3.10%
- LLC LENDLEASE GROUP 1.96%
- MGR MIRVAC GROUP 1.64%
- MPL MEDIBANK PRIVATE LIMITED 0.80%
- MQG MACQUARIE GROUP LIMITED 2.63%
- NAB NATIONAL AUSTRALIA BANK LIMITED 3.12%
- NCM NEWCREST MINING LIMITED 0.85%
- ORG ORIGIN ENERGY LIMITED 5.47%
- ORI ORICA LIMITED 1.83%
- OSH OIL SEARCH LIMITED 2.61%
- QBE QBE INSURANCE GROUP LIMITED 1.41%
- RHC RAMSAY HEALTH CARE LIMITED 2.65%
- RIO RIO TINTO LIMITED -1.24%
- S32 SOUTH32 LIMITED 3.65%
- SCG SCENTRE GROUP 0.95%
- SEK SEEK LIMITED 2.77%
- SGP STOCKLAND 0.74%
- SHL SONIC HEALTHCARE LIMITED 4.45%
- STO SANTOS LIMITED 4.22%
- SUN SUNCORP GROUP LIMITED 1.67%
- SYD SYDNEY AIRPORT 0.61%
- TCL TRANSURBAN GROUP 1.51%
- TLS TELSTRA CORPORATION LIMITED. 0.72%
- VCX VICINITY CENTRES 0.00%
- WBC WESTPAC BANKING CORPORATION 3.27%
- WES WESFARMERS LIMITED 0.81%
- WFD WESTFIELD CORPORATION 0.51%
- WOW WOOLWORTHS LIMITED 1.67%
- WPL WOODSIDE PETROLEUM LIMITED 3.81%
Key Stories
Supermarkets stand by Australian honey
Claims that Australian honey is the most contaminated in the world dismissed as an 'exaggeration'.
Disney hit with class actions over sackings
Sacked workers claim consulting companies used temporary visas to bring in immigrant workers, knowing Americans would be displaced from their jobs.
Banks getting picky with mortgage deals
Owner-occupiers with big deposits enjoy mortgage interest rates up to half a percentage point less than other types of borrowers in the home loan market, research shows.
UK competitor strikes back at Bunnings
UK retailer Kingfisher has wasted little time responding to Bunnings' incursion into the $78 billion British home improvement market.
PBOC injects most cash since 2013
China's central bank is flooding the country's financial system with cash to prevent a shortage as demand for funds picks up.
Coal demand to peak in 2025: Exxon
ExxonMobil says global demand for coal will peak within a decade and then fall into terminal decline as natural gas gains the ascendancy.
- Retail Dick Smith seeks Asian buyers
- The Economy Call to scrap work-related tax deductions
- Tourism Tourism Australia turns to Thor
- Comment & Analysis Apple earnings: Has the iPhone peaked?
- Retail Woolworths and Lowe's seek valuation
Market Indices
Last updated: January 26, 2016 - 4:22PM
Last updated: January 26, 2016 - 4:22PM
Last updated: January 26, 2016 - 4:22PM
Last updated: January 26, 2016 - 4:22PM
'Innocent mistake' behind avocado shortage
International Avocado Society says growers tried to boost pre-Christmas sales.
In Depth
Cheap oil: who wins?
The benefit of the lower oil price to households may be better than an RBA rate cut.
If robots rise, interest rates will fall
The era of slow inflation now challenging central bankers may only prove a sign of things to come.
Is Apple still a growth stock?
Investors have long relied on Apple to deliver one crucial attribute: growth. That might be changing.
Workplace
Public servants owe it to taxpayers to turn up
Public servants urged not to chuck sickies on Monday.
Are you a job hopper? Why you need to find your fit
What we often fail to appreciate is that job satisfaction is more to do with personality than luck.
Markets
Wall St falls, weighed down by energy shares
Wall Street sold off on Monday, pulled lower by the weak oil price, with major indexes giving back much of last week's strong gains.
Business confidence takes a hit
Business confidence in December showed a small drop but was still in positive territory, according to the NAB business survey.
Oil lifts ASX back above 5000
Australian shares closed over the 5000-mark for the first time since January 7 as the surge in oil prices lifted energy stocks.
need2know: Positive overseas lead
Search Quotes & Charts
The Economy
A tidal wave of corporate migrants seeking (tax) shelter
Massive companies are fleeing the United States to take advantage of tax regimes in other countries.
Zombie companies should die in peace
Japan looks dead set on keeping the flailing electronics giant Sharp Corp alive.
Banking & Finance
JC Flowers buys Chi-X, Australian chief to stay
Stock exchange Chi-X Australia along with Chi-X Japan and Chi-Tech Hong Kong have been sold to global private equity house JC Flowers & Co.
NAB closing the gap in business satisfaction
National Australia Bank is catching up to rivals in business customer satisfaction as it tries to rebuild share in the competitive market for company loans.
- DIGITAL WALLETS NAB's digital wallet helps block Apple
- FINANCIAL ADVICE Financial advisers say new standards could push thousands out
- INNOVATION LeapFrog eyes Aussie deals after snagging $500m from Prudential
- ASX builds blockchain for Australian equities
- ANZ institutional bank chief quits after top job eludes him
Mining & Resources
Worker payouts not my burden: Palmer
Clive Palmer says he has no personal responsibility to ensure his sacked refinery workers get their entitlements.
Cheap oil: who wins?
The benefit of the lower oil price to households may be better than an RBA rate cut.
World Business
A tidal wave of corporate migrants seeking (tax) shelter
Massive companies are fleeing the United States to take advantage of tax regimes in other countries.
Iran president meets Pope, signs billion-dollar deals in Italy
Iranian President Hassan Rouhani is in Rome to meet the Pope and sign $26.5 billion worth of deals with Italian government and business leaders.
China
Want to rent a Ferrari? Get an oil tanker, it's cheaper
China's slowing growth has crushed shipping rates to such an extent that hiring a 335-metre cargo ship would set you back less than the price of renting a Ferrari for a day.
Hedge fund that called GFC urges 50% yuan drop
China should weaken its currency by more than 50 per cent this year, veteran hedge fund manager says.
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Property Focus
Mike Baird's $3 billion sell-off of public buildings
The NSW government is selling off some of Sydney's most iconic buildings.
No more beer and schnitzel in suburban pub war
Prompted by changing tastes and lockout laws, glammed-up pubs are heading further out into Sydney's suburbs.
Pub sector intoxicated with sales
Investors have poured more than $500 million into the pub sector, making it one of the busiest areas in the real estate sector.
City Tattersalls votes for $200m redevelopment
Scentre strikes $2.85m deal with Booodl start up
Shopping is not everyone's most enjoyable way to spend a day, particularly wandering around a mall trying to locate the stores selling the items on your list.
Executive Style
Six celebrities who bagged a billionaire
What's better: fame or money? How about both? Six couples with major wealth and power.
Money
Super and the self-employed
Small business owners too often fall into the trap of assuming their business is going to fund their retirement. It may not.
How to afford residential aged care
A guide to the different options of residential aged care and what you can expect to pay.
Small Business
How to create a cult business
Why having a cult business is the holy grail of business.
It's all a matter of trust
Small business owners have the ability to organise their affairs in the most tax effective way using a variety of business structures and one of the most popular is a discretionary trust.
Business Video
Google taxes must be probed: Xenophon
The independent senator says Australia must investigate Google's tax record after the tech giant agreed to pay back millions in taxes to the UK. Vision courtesy ABC News 24.
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Comment & Analysis
Mitch Hooke honoured for mining tax axe
Contains:
total comments17
Call to scrap work-related tax claims
Contains:
total comments121
Oil price rebound of little relief
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