Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
Advertisement

Investing

Today

Roger Montgomery is chief investment officer at Montgomery Investment Management.

Tech stock meltdown spills into private markets

The gap between public and private company valuations has narrowed, as listed tech stocks nosedive and undermine the lofty valuations booked by private companies last year.

  • Jessica Sier
The S&P/ASX 200 Index advanced 1.2 per cent, or 81.5 points, to 6687.1.

Sinking Nuix sits out tech stock rally as ASX firms 1.2pc

The S&P/ASX 200 Index rose 1.2 per cent to 6687.1 on Monday. Nuix fell 13 per cent to 63.5¢, and Whitehaven Coal rose 5.2 per cent to $5.90.

  • Vesna Poljak
Futures are pointing to a positive start to the week.

ASX up 1.2pc, bank CEO criticises ANZ’s Suncorp deal

Australian shares edge higher. Whitehaven Coal shares jump after rosy earnings guidance. Nuix tumbles on earnings guidance. Follow updates here.

  • Updated
  • Timothy Moore, Richard Henderson, Vesna Poljak, Tom Richardson and Emma Rapaport
RBC Capital Markets' Karen Jorritsma.

ANZ bid for Suncorp Bank ‘a real test’ for regulator

Shareholders should not expect the ACCC to wave through the proposed $4.9 billion acquisition, says Royal Bank of Canada’s equities boss Karen Jorritsma.

  • Tom Richardson
.

What the ANZ, Suncorp deal means for shareholders

ANZ is seeking $3.5 billion from its shareholders to buy Suncorp’s banking unit. But how will the deal be done and is it a good one for its smaller shareholders?

  • Jonathan Shapiro
Advertisement
The airline industry is a good example of supply worries, with furloughed pilots unable to start back immediately.

This is no ‘new normal’ but a throwback to the 1970s

What’s needed now are tried and tested policy reforms to boost potential growth, raise supply and alleviate inflationary pressures.

  • Gerwin Bell
Dive regularly competes in the national whisky tasting championship.

How deja vu helped this fundie avoid the buy now, pay later crash

As speculative pockets of the market boomed during the pandemic, Atlas’ Hugh Dive reminded himself of the lessons learnt from the dotcom crash.

  • Alex Gluyas
John Hempton says the stellar performance of his short book needs to be seen in context.

How Australia’s top short sellers came in from the cold

After those such as John Hempton, Phil King and Ben McGarry spent the pandemic boom in the wilderness, rising rates and falling markets have been a boon.

  • James Thomson
Perennial’s Ryan Sohn oversaw the best performing strategy in 2021-22.

Top fund managers warn more pain ahead for equities, iron ore

“I’m very firmly in the ‘we’re nowhere near the bottom’ camp,” said Bronte Capital’s John Hempton, whose hedge fund was one of the best performers of 2021-22.

  • Emma Rapaport
The tricky part comes into play as to whether the test applies to the client’s personal assets or the SMSF assets, or a combination.

How being a ‘sophisticated investor’ can lose you money

Ask yourself whether you have the skill and experience to assess the merits of an ‘exclusive’ investment because the law will assume you do.

  • Ben Smythe

Yesterday

The tech sector soared 4.6 per cent as investors took the inflation data to mean central banks may deliver a less aggressive round of rate hikes.

ANZ targets Suncorp Bank, miners headline trading updates

Australian miners will headline a slew of corporate updates next week, as US earnings season hits top gear and investors mull ANZ’s mooted bid for Suncorp Bank.

  • Tom Richardson
Larry Fink's BlackRock can do the things governments need right now.

Why Larry Fink is more worried about food prices than oil

The Wall Street titan and boss of the world’s largest fund manager, BlackRock, says the destruction of arable land during the Ukraine war has dangerous global consequences.

  • Brooke Masters and Andrew Edgecliffe-Johnson

This Month

Neighbourhoods locked down in Shanghai on Sunday.

Chinese growth scare puts global growth on edge

The Chinese economy contracted 2.6 per cent quarter-on-quarter, reducing its annual growth to just 0.4 per cent.

  • Vesna Poljak

ASX falls 1.1pc on week, Rio Tinto warns on demand

Australian shares closed 0.7 per cent lower on Friday and were down 1.1 per cent on the week as mining heavyweights tumbled amid a fall in iron ore and copper prices.

  • Emma Rapaport
Retail investors are less of a force in the Australian sharemarket.

Retail investors lose sway as pandemic hype wanes

Retail investors are not the force they were at the height of the pandemic because ‘stimulus cheques have stopped, inflation is eating into their savings and they’re going on holiday’.

  • Jonathan Shapiro
Advertisement
Exchange Traded Funds have become the investment vehicle of choice for millennials.

Buy, hold, sell: The best and worst-performing ETFs of the year

Shaw & Partners’ Felicity Thomas and Apt Wealth’s Sarah Gonzales take a look at the best and worst performing ETFs over the past year.

Pendal shares plunge after outflows accelerate

Investment management firm Pendal has reported worse than expected outflows of $4.2 billion after a tough quarter.

  • Jonathan Shapiro
A negative lead from Wall Street.

CBA tips RBA to lift rates 0.5pc in Aug, Sept; shares close lower

Iron ore, copper prices tumble, China’s GDP growth contracts 2.6 per cent on prior quarter. Gold heads for five weeks of losses. WiseTech soars. Follow updates here.

  • Timothy Moore, Tom Richardson, Vesna Poljak, Alex Gluyas and Emma Rapaport
As inflation soars, a recurring theme is to invest in companies that provide essential products and services and can pass on price increases.

How you can invest in infrastructure

With few companies on the ASX, it’s best to buy global via ETFs, listed investment companies or managed funds.

  • Tony Featherstone

Why it pays off having infrastructure in your portfolio

As inflation soars, a recurring theme is to invest in companies that provide essential products and services and can pass on price increases.

  • Tony Featherstone