Three things tech stocks WiseTech, Altium, Afterpay and Kleos taught us this earnings season

Three things tech stocks WiseTech, Altium, Afterpay and Kleos taught us this earnings season

If investors learnt anything this reporting season, it's got to be that just when you think a company can't possible trade any higher, it can. Be it WiseTech Global, Altium or Afterpay, already highly valued tech stocks across the board hit new highs this August, with some companies recording nearly 30 per cent price jumps…
NAB to hold mortgage rates in an attempt to ‘build trust’

NAB to hold mortgage rates in an attempt to ‘build trust’

National Australia Bank could steal some market share from its bigger rivals after it decided to hold its standard variable interest rates even though the other big banks raise theirs in response to higher funding costs. In a move that shows that the pressure of the royal commission has forced NAB to put its customers interest…
Scott Morrison’s way: a fair go … for the boys

Scott Morrison’s way: a fair go … for the boys

Scott Morrison's laboured Cronulla Sharks fandom is a hollow spectacle at the best of times. The Prime Minister would have us forget he is a creature of Sydney's eastern suburbs; that he sold his Bronte house only in 2009 (where he'd lived since 1995); that he discovered the Sutherland Shire only in 2006 to run…
Australian shares set to continue worst losing streak since GFC

Australian shares set to continue worst losing streak since GFC

Australian stocks are threatening to stumble to their longest losing streak since the global financial crisis as anxious investors fret about the growing trade dispute between the US and China and the rout in emerging markets, and baulk at the hefty valuations of high-flying market darlings. The benchmark S&P/ASX200 Index has tumbled 3.3 per cent…
Cuesta says Donald Trump’s tax policy paying off for micro caps

Cuesta says Donald Trump’s tax policy paying off for micro caps

Value investing and how to cut through the noise Arnold and Cregan aren’t hunting 10-baggers From China to small caps: meet Weimin Xie Chris Cuffe tows-in ex-Macquarie fundies’ new firm Banks are no saints, but the tax is unfair Prasad Patkar: Why JB Hi-Fi can beat Amazon Firetrail’s Hodgens looks for all-weather winners The doctor…
Banking royal commission: Prepare for life insurance ‘horror show’

Banking royal commission: Prepare for life insurance ‘horror show’

"After a thorough investigation of all the evidence supplied, we're sorry to inform you that the member's Total & Permanent Disablement [TPD] claim has been declined," Commonwealth Bank's Colonial First State told policy holder Amber Lomax on May 18, 2018. It was a kick in the guts. The single mother of two boys, 12 and 15,…
King, Azarenka back Serena Williams’ call on ‘sexist’ US Open chair umpire Ramos

King, Azarenka back Serena Williams’ call on ‘sexist’ US Open chair umpire Ramos

Serena Williams thought she was treated more harshly by the chair umpire in the US Open final than a man would have been. Williams was cited by official Carlos Ramos for three code violations during her 6-2, 6-4 loss to Naomi Osaka on Saturday: for getting coaching signals; for breaking her racquet, which cost her…
Australian universities helping clean up the world’s oceans

Australian universities helping clean up the world’s oceans

Two Australian universities are part of a global effort launched on Saturday in San Francisco (early Sunday AEST) to remove an estimated 80,000 tonnes of plastic from the Pacific Ocean. Nearly two trillion pieces of plastic – or about 250 pieces for every person on the planet – are currently floating in an area known…
Auction fizzer: The $6m terrace that nobody bid for

Auction fizzer: The $6m terrace that nobody bid for

Spring home auction markets tried to splutter back to life over the weekend with indicative clearance rates up marginally, but in the biggest market of Sydney, the listings and the value of sales were lower than last week and well below the same football finals weekend of last year. The most expensive home to sell…
Turnbull’s resentful Liberals fight over Wentworth

Turnbull’s resentful Liberals fight over Wentworth

The Liberal Party in Sydney's eastern suburbs loved Malcolm Turnbull. His abrupt resignation from Parliament has soured the relationship. Party members in his former seat of Wentworth say there is an undercurrent of resentment towards the ex-prime minister for triggering what is likely to be an expensive and draining byelection campaign. "There is respect for…

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