Our index of the nine stock tips made at last year’s Sohn conference lost 9.5 per cent. It’s a long way from Hamish Douglass Apple stock pick 10 years ago.

#sohn #conference

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NAB lifts credit charges, cash profit down 13pc amid economic pressure

Business & Economy

1w ago

NAB lifts credit charges, cash profit down 13pc amid economic pressure

Australia’s largest business bank pointed to cost pressures posing a material risk to the economy.

#nab #australia

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Gridlock is Goldilocks for markets. But three midterm risks loom large

Business & Economy

1w ago

Gridlock is Goldilocks for markets. But three midterm risks loom large

The election result should remove the “insanity premium” investors have been forced to build into their calculations. Dangers still lurk, though.

#goldilocks #election #musk

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Business & Economy

1w ago

John Kehoe

The Albanese government needs a circuit breaker, but it can’t change course from its broken economic model because to do so would be an admission of past sins.

#albanese

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‘Chickens coming home to roost’: 70pc of inflation surge homegrown

Business & Economy

1w ago

‘Chickens coming home to roost’: 70pc of inflation surge homegrown

Business groups say their analysis shows inflation is largely driven by domestic factors. It wants the rate of government spending growth more than halved.

#chickens #inflation #australia

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RBA rates have peaked but relief still a year away, say economists

Business & Economy

1w ago

RBA rates have peaked but relief still a year away, say economists

A snap poll of expert forecasts showed that the cash rate has likely hit the top at 4.85 per cent, but Australia is not out of the woods yet.

#rba #australia

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Zenith labour hire splashed money on pool, guns and palm trees

Business & Economy

1w ago

Zenith labour hire splashed money on pool, guns and palm trees

Liquidators have revealed the major labour hire firm paid for a string of items similar to those included in pricey home renovations in the years before the business collapsed owing millions of dollars in taxes.

#zenith #workforce

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Why headline fees don’t tell the whole story on ETFs

Business & Economy

1w ago

Why headline fees don’t tell the whole story on ETFs

Investors have embraced ultra-low management fees, but some fund managers argue true costs depend just as much on other factors.

#australia

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ASX profits slashed at fastest pace since COVID amid recession fears

Business & Economy

1w ago

ASX profits slashed at fastest pace since COVID amid recession fears

Within just four months, analysts have halved their earnings forecasts for the financial year to just 7 per cent.

#asx #covid #recession

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Pub mogul Tom Wallace arranged Adgemis’ legal funding, consulting deal

Business & Economy

1w ago

Pub mogul Tom Wallace arranged Adgemis’ legal funding, consulting deal

Failed businessman Jon Adgemis was being questioned by liquidators in the Federal Court following the $1.8 billion collapse of Public Hospitality Group.

#adgemis #hospitality #wallace

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