Uptake has far exceeded the government’s expectations, and economists are urging Treasurer Jim Chalmers to dump the policy as he hunts for budget savings.

#electric-vehicles #treasurer

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‘Triple in five years’: Angus Aitken’s surprise Barrenjoey pitch

Business & Economy

1w ago

‘Triple in five years’: Angus Aitken’s surprise Barrenjoey pitch

The stockbroker’s stirring the pot by backing Barrenjoey’s bankers and traders to do what Macquarie did decades ago.

#triple #angus-aitken #barrenjoey

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The fallen hot stocks now hammering Australia’s top fundies

Business & Economy

1w ago

The fallen hot stocks now hammering Australia’s top fundies

From medical technology to mining hopefuls, Australia’s top fund managers have been caught holding the ASX’s hottest stocks for too long.

#australia #fund #regal

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Singaporean investment fund, Ovolo circle $75m Sunshine Coast hotel

Business & Economy

1w ago

Singaporean investment fund, Ovolo circle $75m Sunshine Coast hotel

The sell-side pitch points out that Caloundra, which is the closest coastal town to Brisbane, is on track to topple Noosa as the premier holiday destination of the Sunshine Coast.

#ovolo #sunshine-coast #hotel

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UBS finds itself in the path of NextDC’s share price bloodbath

Business & Economy

1w ago

UBS finds itself in the path of NextDC’s share price bloodbath

The Swiss investment bank has been unmasked as one of two the data centre provider used for cash-settled capped call options, which appears to have backfired.

#ubs #swiss

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One lonely economist tips a Cup-day rates boilover. Here’s why

Business & Economy

1w ago

One lonely economist tips a Cup-day rates boilover. Here’s why

That expert hopes that the Reserve Bank of Australia board “will come to its own conclusion rather than rely on the public “echo-chamber”.

#rba #australia

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After collapse of $4b sale to Coles, Greencross talks up growth to LPs

Business & Economy

1w ago

After collapse of $4b sale to Coles, Greencross talks up growth to LPs

The way the two companies’ latest financials read, you would have to think Weckert and Greencross’ CEO Lucas Barry are living in totally different worlds

#coles #greencross #weckert

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The three assets wealthy people all have in common

Business & Economy

1w ago

The three assets wealthy people all have in common

To be truly wealthy, you need to accumulate assets that provide safety, security and flexibility at different stages of life.

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Westpac is ground zero for banking sector’s pressure test

Business & Economy

1w ago

Westpac is ground zero for banking sector’s pressure test

Anthony Miller’s plan for Westpac’s next era is smart. But executing it when Australia faces the broadest economic slowdown in two decades won’t be easy.

#westpac #miller #australia

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ASX 200 LIVE: Shares set for a cautious start ahead of RBA, US midterm elections; NAB, Macquarie to report results this week; oil braces of possible Iran strike.

Business & Economy

1w ago

ASX 200 LIVE: Shares set for a cautious start ahead of RBA, US midterm elections; NAB, Macquarie to report results this week; oil braces of possible Iran strike.

Shares set for a cautious start ahead of RBA, US midterm elections; Westpac reports $6.8 billion full-year profit; Binance hit with $5.1b outflows after returning to trade. Follow live here.

#us-midterms #rba #asx

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