Today
- Live
- Markets Live
ASX rises as miners jump; Nuix soars, Michael Hill slumps 20pc
Australian shares move within 50 points of record close. China leaves rates on hold. Copper and gold at record highs. Follow updates here.
- 58 mins ago
- Timothy Moore
Australian investors snag Hong Kong bargains as share prices surge
Fund managers see opportunities, with Chinese authorities promising measures to stop a long-term outflow of money from one of Asia’s biggest sharemarkets.
- Jessica Sier
Loss-making companies are surging on the ASX, baffling analysts
Goldman Sachs is perplexed about the surge in unprofitable stocks, and says there are safer alternatives like retailers Lovisa and Cettire.
- Alex Gluyas
- Opinion
- Pathology
This routine health test is an investment opportunity
The share prices of pathology companies are below pre-pandemic levels and the world will need more blood tests.
- Mark Draper
10 investment tips to ride out the ‘new normal’
Given elevated interest rates and inflation are forecast to flow through financial year 2025, investors are eyeing stocks, property and gold to get ahead.
- Tom Richardson
- Exclusive
- Monday fundie
John Hempton laments return of meme machine Roaring Kitty
Before being hit by last week’s meme-stock rally triggered by an online stock promoter, Sydney hedge fund manager John Hempton was having a great year.
- Aaron Patrick
Ellerston, Tattarang-backed private fintech bags new CEO
Andrew Baines will join Azupay on Monday as Ellerston Capital and Tattarang plot how to help the payments start-up grow with an eye on an exit.
- Tom Richardson
Platinum’s marketing, client relations boss a $1m earner
The huge pay packet for the fund manager’s marketing guru has turned heads given its tumbling funds under management and share price.
- Tom Richardson
Yesterday
ASX eyes record high as rate cut hopes fuel euphoria for shares
Australian shares are set to advance after the Dow Jones crossed the historic 40,000 level on Friday with Nvidia’s earnings this week destined to test the rally.
- Cecile Lefort
This Month
- Opinion
- Chanticleer
The stocks Australia’s biggest LIC is buying
While the LIC sector is under pressure, the 98-year-old Australian Foundation Investment Company is staying patient and hunting for value.
- Updated
- James Thomson
Higher living costs are eating into your super. Here’s what to do
Retirees are vulnerable to inflation because higher living costs eat into carefully calibrated savings plans that do not benefit from the injection of regular wages. Here’s what to do.
- Tom Richardson
Shares drop; Bendigo Bank jumps, SkyCity to pay $67m AUSTRAC penalty
Shares drop 0.85pc. Star’s license suspension extended. US equities swing lower. Iron ore climbs as China posts mixed data. Oil firms. Follow here.
- Timothy Moore, Tom Richardson, Cecile Lefort, Joshua Peach, Sarah Jones and Alex Gluyas
- Opinion
- Chanticleer
Why bad news has the ASX bulls running
Bad news from the job market turned a good day on the ASX into a great one. Investors are ploughing into market darlings in the firm belief that rate cuts are coming.
- Updated
- James Thomson
Regal allegedly embroiled in South Korean securities investigation
The prominent hedge fund told investors in September it was shorting stocks in South Korea, saying it was focused on “one specific bank”.
- Joshua Peach
The Aussie stock picks that made this fund a top 10
Platypus Asset Management’s Prasad Patkar names Reece among the $5 billion money manager’s key investment calls. But he’s wary of BHP’s big M&A bet.
- Sarah Jones
Panic sets in as short squeeze rockets copper price
A violent spike in copper futures traded in New York has caught markets off guard and sent traders scrambling to cover short positions.
- Alex Gluyas
Shares eye record high on rate cut bets; WiseTech tops $100
Shares post best day in 2024. Economy adds 38,500 jobs on surging immigration. Bond yields retreat. Copper, gold, bitcoin rally. Follow here.
- Timothy Moore, Tom Richardson, Joshua Peach, Sarah Jones, Alex Gluyas and Cecile Lefort
- Exclusive
- Macquarie Bank
Macquarie stokes ETF price war, slashes fees to 3 basis points
Macquarie wants to shake up the asset management sector with ETFs charging management fees as low as 3 basis points.
- Tom Richardson
Citi calls time on iron ore rally as budget bakes in price plunge
Citi has told investors to “fade the rally” after more signs of weakness in China’s financial sector.
- Joshua Peach
- Opinion
- Chanticleer
Fundies are riding a wave of stimulus. Jim Chalmers just added to it
Investor bullishness is as strong as it’s been since 2021, but one key question in BoA’s latest fund manager survey particularly resonates after the latest budget.
- James Thomson