Yesterday
ASX ends flat after hot CPI; economists up RBA rate rise bets
Australia’s September quarter CPI reading beats economists forecasts. Real estate stocks fall and iron ore miners rally. Follow updates here.
- Updated
- Timothy Moore, Joshua Peach, Joanne Tran and Cecile Lefort
Magellan chairman drops $100b ambitions as CEO departs
Magellan’s Andrew Formica has ditched outgoing chief executive David George’s ambition to restore the manager to $100 billion as he searches for a new CEO.
- Jonathan Shapiro
When ETF ‘equal weight’ strategy goes off balance
The past five years have shown the simplest strategy of all – investing equal amounts in companies in an index – might not suit all markets.
- Jeremy Chunn
This Month
ASX rises; Lynas, Zip shares climb; Ansell drops
Shares finish higher as investors shrugged off wild movements in the bond market; Ansell says pandemic unwind still has a way to go; Bitcoin leaps through $US31,000. Follow updates here.
- Updated
- Timothy Moore, Joanne Tran, Cecile Lefort, Joshua Peach and Vesna Poljak
- Opinion
- Chanticleer
Janus Henderson CEO’s three planks for risky markets
Ali Dibadj says uncertain markets are “nirvana” for the global asset manager, which is in the midst of a turnaround.
- Updated
- James Thomson
Pricing power delivers First Sentier growth fund Mercer prize
Australian equities geared fund ranked No.1 despite the worst performance over the past quarter among Mercer’s top 10.
- Updated
- Joshua Peach
- Opinion
- Chanticleer
How Bill Ackman set off a wild night on markets
The legendary Wall Street hedge fund billionaire announced that he had covered his short in a night of bond market turbulence where the 10-year Treasury yield hit 5 per cent before plunging.
- James Thomson
- Opinion
- Sharemarket
Interest rate rises test markets, but remember it is a long game
Over the next 12 months at least, fixed income returns will likely match and possibly exceed those of equities.
- John Abernethy
- Opinion
- Sharemarket
The big spending that could keep the US out of recession
The doomsayers were wrong with dire predictions late last year – and they could be off the mark this time, too.
- James Weir
Profit outlook brightens on gold’s $A record
The gold price’s record high in Australian dollars arrives as the currency falls to US63.2¢ and domestic producers eye higher profit margins.
- Updated
- Tom Richardson
Super fund QSuper hands back keys to NYC office tower
QSuper has quit a big bet on Manhattan real estate as rising interest rates and falling vacancies spoil its global property interests.
- Jonathan Shapiro
ASX drops to one-year low as South32 disappoints
Shares tumble; Judo seeks $75 million hybrids, South32 flags 33 per cent drop in coal output; bond yields at 12-year highs; Immutep with positive trial results; Propel Funerals rejects buy offers.
- Updated
- Timothy Moore, Cecile Lefort, Joanne Tran, Joshua Peach and Vesna Poljak
- Opinion
- Chanticleer
The ASX 200 has gone nowhere for 16 years
It’s not just bond yields testing levels not seen since just before the GFC. The ASX 200 is back where it was in November 2007, as Wall Street faces a crucial test.
- James Thomson
Treasury Wine investors brace for slow return to China shelves
The potential end of Chinese tariffs on Australian wines is buoying its shares. But a sales recovery to the mainland may take longer than some expect.
- Joshua Peach
Biodiversity credits aim to help repair nature
The government is seeking to establish a nature repair market, with biodiversity credits creating a new asset class for investors.
- Christopher Niesche
ASX to fall, weak $A worsens oil pain, rate hike fears
Australian shares are poised to fall 0.9 per cent at the return to trading on Monday, after suffering their worst week in four weeks amid the MidEast conflict.
- Updated
- Cecile Lefort and Ronald Mizen
- Opinion
- Sharemarket
Unloved healthcare stocks can reinvent themselves
Those betting on the demise of blue-chip healthcare stocks such as CSL and ResMed might want to rethink based on a review of Microsoft and Apple’s histories.
- Jun Bei Liu
- Opinion
- Governance
There’s good reason shareholders seem angrier this year
As boards come face-to-face with shareholders during AGM season, there’s a mix of old and new battles being fought.
- Jonathan Shapiro
10 of the best opinion pieces from this week
Wall Street icon Howard Marks makes one of the biggest calls of his career and the moment ANZ’s $2.5 billion deal crumbled. Here are 10 of the best opinion pieces from this week.
Magellan to challenge Bolton push for a vote
Magellan wants the courts to decide whether activist Nick Bolton can call a meeting of unitholders in its $2.65 billion closed end fund.
- Jonathan Shapiro
