Today
Deepfake images lure investors to bogus stock clubs
The ASX is among the latest to be exploited in frauds costing investors at least $25 million a week. Here’s how to spot a scam:
- 40 mins ago
- Duncan Hughes
BHP’s $64b game; Chalmers slams ‘trick’ claim; Meme stock stupidity
Read everything that’s happened in the news so far today.
- Opinion
- Perpetual Limited
Perpetual’s shrunken shadow casts a pall over public sharemarket
The shrinking of the active fund manager raises more questions about the future of public markets in a world of private alternatives.
- The AFR View
- Opinion
- Chanticleer
Meme stock stupidity is back at the dumbest possible time
The $6 billion jump in the value of crappy US retailer GameStop is a sign of pure speculative excess.
- James Thomson
- Live
- Markets Live
ASX slips; lithium, nickel stocks jump, GUD rallies 12pc
Australian edge down in quiet session. Energy and real estate stocks fall. Budget at 7.30pm. US producer prices ahead. Follow updates here.
- Updated
- Timothy Moore, Joshua Peach, Sarah Jones, Alex Gluyas and Cecile Lefort
- Opinion
- Smart Investor
No, ESG funds have not had their day
Recalibration of ESG investing has been an excellent exercise in weeding out the greenwashers, bandwagon participants and naysayers.
- Amanda MacDonald
Yesterday
ASX closes flat, Fletcher, Lendlease drop
Shares flat; Fletcher hit by weak housing market; Lendlease disputes ATO claims; Iress in security breach; ANZ investigated by ASIC. Follow updates here.
- Updated
- Timothy Moore, Cecile Lefort, Alex Gluyas, Sarah Jones and Joshua Peach
These 5 ETFs posted double-digit returns in April’s shock sell-off
The fall in global sharemarkets stopped the fast-growing ETF industry in its tracks in April, but proved profitable for several short-style strategies.
- Updated
- Joshua Peach
- Opinion
- Chanticleer
The five rules of Wall Street legend Jim Simons still ring true
The death of Jim Simons, the quant king hailed by many as the world’s greatest investor, is a reminder that greatness is rarely made by running with the pack.
- Updated
- James Thomson
Lendlease doubts $112m bill; Musk’s video win; Wall St legend’s truths
Read everything that’s happened in the news so far today.
Airlie’s Emma Fisher is making her next big bets
Mineral Resources and Reece have been career-defining picks. This year, she’s sold down CBA and is going large on one of the most shorted stocks on the ASX.
- Sarah Jones
This Month
Markets on edge ahead of budget cash splash
Australian shares are set to edge lower on Monday as they wait to assess the impact of federal budget spending on the central bank’s path to an interest rate cut.
- Cecile Lefort
- Opinion
- Bonds
Forget the hawks, the RBA’s next rate move will be lower
In my over 20 years in financial markets, I’ve never seen such a wide dispersion of views on interest rates as we currently have in Australia – we are at a pivotal moment in monetary policy.
- Angus Coote
Energy pushes ASX higher, Life360 falters
Shares lift; Suncorp homeloans up; QBE premium increases help results; Helia in $100 million share buyback, Upbeat outlook for St Barbara. Follow updates here.
- Updated
- Timothy Moore, Cecile Lefort, Joanne Tran, Sarah Jones and Joshua Peach
Confession season kick-off fails to derail ASX run
Fund managers say this year’s Macquarie Australia Conference was among the least eventful in recent memory – and that may be a good sign for investors.
- Joshua Peach
Bezos, Zuckerberg lead magnificent seven insider stock sales
Almost a dozen executives and directors at the firms recently boosted their share sales, earning more than $242 million since late 2023.
- Ben Stupples
Cabal of industry super funds, led by investors, weighed ASX takeover
The ASX is an essential piece of infrastructure, and has a quasi-monopoly position, a description that would fit Sydney Airport, for instance, which went private in a $23.6 billion takeover.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Macquarie readies sale of $450m-a-year Kinetic; seeks 10x multiple
Kinetic recently ruled off a $1.6 billion refinancing which Macquarie reckons puts it in a position to accelerate the decarbonisation of its fleet.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Investors are set to pile into Australia’s first green bond
European fund managers are backing the federal government’s plans to shed its reputation as a coal polluter, with its $7 billion bond looking well oversubscribed.
- Updated
- Cecile Lefort
Why Rio Tinto is worth more than its $130 price tag
Maple-Brown Abbott’s Emma Pringle is betting the iron ore giant’s share price has more room to run. She’s also bullish on Healius despite a shaky 12 months.
- Joanne Tran
