Listed investment fund Mirrabooka believes that the market is nearing the bottom and is on the prowl to scoop up cheap stocks.
Australian shares rose for a third day on Wednesday, but rising unemployment and a looming ‘earnings recession’ is a worry.
All sectors marched higher for the session led by technology, which notched a 7.4 per cent lift for the day.
Shares in listed tech outfit MedAdvisor are up by almost 25 per cent after the company announced a new delivery initiative, with Amcal and TerryWhite on board.
Some industry super funds may find that having all their members working in one industry is an unsustainable risk
Local shares extended their rally to a six-day high the US Senate passed a giant $3.3 trillion coronavirus rescue bill.
The Reserve Bank has injected $2bn into the state government bond market.
An agreement on a massive US fiscal stimulus boosted global equities, commodities and the Australian dollar.
Where are the cash-flow rich, dividend paying companies with balance sheets that can handle this crisis?
A rollercoaster session for Australian shares had the market grasping its first two-day win streak in five weeks.
The COVID-19 crisis has forced the ASX is to suspend its planned start of its blockchain based replacement for its CHESS clearing system.
The US President gambled everything — but Wall Street backed him. The result? The Dow’s biggest rally since 1933.
Wall Street has posted a stunning rally, climbing a best-ever 2112 points in its biggest one-day jump since the Great Depression.
Amazon’s Jeff Bezos and other US executives spared themselves $US1.9bn in paper losses by selling shares as the pandemic loomed.
A late rally on the ASX clinched its first two-day lift since the start of the coronavirus rout as US politicans reached a deal on their stimulus plan.
Elmer Funke Kupper is entirely unconvinced by the pundits declaring now is the time to activate dormant share portfolios.
AustralianSuper, IFM Investors, SunSuper and UniSuper have booked billions of dollars in losses across their unlisted assets.
Global sharemarkets, the Australian dollar and industrial commodities rebounded on Tuesday.
Regulators will clamp down on complex exchange traded funds in the aftermath of the coronavirus crisis, a fund manager says.
The coronavirus pandemic has killed off the $10bn demerger of Woolworths’ hotels and liquor arm Endeavour for this year.
A potential boost to the US stimulus package was one factor helping to fuel a last-minute ASX 200 surge.
Hedge funds have quietly raised charges for investors who want to cash out their holdings, in some cases by up to 2000pc.
All sectors finished higher to cap a 4.2pc rebound on the ASX, with tech and real estate names the key outperformers.
A surge of customer interest in bank hardship packages has intensified fears of a huge blowout in bad debts.
ASX's listed tech darlings were pummelled on Monday with Afterpay tumbling almost 30 per cent.
Global shares and commodities were slammed amid increasingly harsh lockdowns to limit the spread of coronavirus
Mining & Energy
Crashing oil prices and virus turmoil sparked Australia’s first corporate collapse with Freedom Oil and Gas striking trouble.
The plight of malls, which have emptied out of customers except for shoppers chasing necessities, has hit the listed sector.
James Packer’s Crown is closing gaming floors and Tasmanian rival Federal is standing down workers as new rules hit casinos.
Australia’s small pool of listed leisure stocks face a grim battle for corporate survival as investors dumped their stock on Monday.
Business Review Editor
Eric Johnston joined The Australian in July 2014. Previously he was the business editor of The Sydney Morning Herald and The Age, overseeing award-winning business coverage and driving investigative reporting. He also has worked at The AFR and as a correspondent with Dow Jones, where his stories appeared in The Wall Street Journal.
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