Australian Dollar: USD/AUD (AUD=X) fallen against the greenback for the sixth straight session

Australian Dollar: USD/AUD (AUD=X) fallen against the greenback for the sixth straight session

Australian Dollar: USD/AUD (AUD=X) fallen against the greenback for the sixth straight session We turned bearish AUD on Monday (13 Aug, spot at 0.7285) with an immediate ‘target’ of 0.7220 and were of the view that the “odds for further extension to 0.7160 are relatively high”. There is no change to our view as AUD […]

Australia: S&P/ASX 200 (.AXJO) shares have hit a fresh ten-year high

Australia: S&P/ASX 200 (.AXJO) shares have hit a fresh ten-year high

Australia: S&P/ASX 200 (.AXJO) shares have hit a fresh ten-year high Australian shares have hit a fresh ten-year high, with a surge in CSL stocks and gains for Wesfarmers helping the market overcome falls in energy and materials stocks. The benchmark S&P/ASX200 closed up 29.4 points, or 0.47 per cent, at 6,329.0 points , while […]

Australian Dollar: USD/AUD (AUD=X) rate has risen today following a surprise increase in Australian business confidence

Australian Dollar: USD/AUD (AUD=X) rate has risen today following a surprise increase in Australian business confidence

Australian Dollar: USD/AUD (AUD=X) rate has risen today following a surprise increase in Australian business confidence The Australian Dollar to US Dollar (AUD/USD) exchange rate has risen today following a surprise increase in Australian business confidence. The unexpected rise for NAB’s July business confidence reading has pushed the AUD/USD exchange rate to an interbank level […]

Australia: S&P/ASX 200 (.AXJO) near resistance at 6,300

Australia: S&P/ASX 200 (.AXJO) near resistance at 6,300

Australia: S&P/ASX 200 (.AXJO) near resistance at 6,300 Locally the ASX is due for a soft start, with futures pointing to a seven-point drop at the open. Traders appear a little more comfortable with the Turkey situation, apparently reassured by the idea that developed economies and financial markets are shielded from the direr consequences of […]

Australia to Increase Spying on Citizens

Australia to Increase Spying on Citizens

Tech companies could face fines of up to Aus$10 million (US$7.3 million) if they fail to hand over customer information or data to Australian police under tough cyber laws unveiled Tuesday. The government is updating its communication laws to compel local and international providers to co-operate with law enforcement agencies, saying criminals were using technology, […]

Australian Dollar: USD/AUD (AUD=X) hits 20-month low as Turkish crisis rattles markets

Australian Dollar: USD/AUD (AUD=X) hits 20-month low as Turkish crisis rattles markets

Australian Dollar: USD/AUD (AUD=X) hits 20-month low as Turkish crisis rattles markets The Australian dollar fell to an 18-month low against the US dollar on Monday, as worries about an impending financial crisis in Turkey prompted selling in the currency with strategists warning of more downside ahead. The Australian dollar fell 1 per cent at […]

Australian Dollar: USD/AUD (AUD=X) May Find Support From Rates Despite Trade Wars

Australian Dollar: USD/AUD (AUD=X) May Find Support From Rates Despite Trade Wars

Australian Dollar: USD/AUD (AUD=X) May Find Support From Rates Despite Trade Wars Australian Dollar has been trading in an extremely persistent range, now taking on the shape of a triangle. Given the trend and trend-line resistance a downside break is the likely path. A drop below 0.73 will have a pair of swing lows in […]

Australia: S&P/ASX 200 (.AXJO) poised to edge higher

Australia: S&P/ASX 200 (.AXJO) poised to edge higher

Australia: S&P/ASX 200 (.AXJO) poised to edge higher The Australian sharemarket lifted for a second session on the back of strong performances from the major banks and other financial stocks. The S&P/ASX 200 index rose 29.2 points, or 0.5 per cent, to 6297.7, falling from a 10-year high earlier in the session. ASX futures had […]

Australian Dollar: USD/AUD (AUD=X) holding above 0.7400

Australian Dollar: USD/AUD (AUD=X) holding above 0.7400

Australian Dollar: USD/AUD (AUD=X) holding above 0.7400 AUD/USD has moved up to the 21-hr SMA at 0.7418 and pierced it making a high if 0.7434 for the day so far while the Yuan has stabilised making for a positive climate for the proxy trade through the Aussie. AUD/USD has otherwise been capped below the 0.7440 […]

Australia: Tabcorp Holdings Limited (TAH:AX) Upgraded to Strong Buy

Australia: Tabcorp Holdings Limited (TAH:AX) Upgraded to Strong Buy

Australia: Tabcorp Holdings Limited (TAH:AX) Upgraded to Strong Buy Tabcorp has swung to a net profit of $28.7 million in 2017/18 following its merger with Tatts Group, with digital sales and the FIFA World Cup helping to lift the gaming giant’s reach and revenue. Tabcorp on Wednesday said full-year revenue for the 2017/18 financial jumped […]

Australian Dollar: USD/AUD (AUD=X) Rises after RBA Signals it is On Course for 2019 Rate Rise

Australian Dollar: USD/AUD (AUD=X) Rises after RBA Signals it is On Course for 2019 Rate Rise

Australian Dollar: USD/AUD (AUD=X) Rises after RBA Signals it is On Course for 2019 Rate Rise The Australian Dollar (AUD) has firmed against the US Dollar (USD) today, rising to a level of $0.74 on the interbank exchange rate. This is the best level of AUD/USD trading in a week and comes from growing risk […]

Australia: S&P/ASX 200 (.AXJO) opened higher this morning

Australia: S&P/ASX 200 (.AXJO) opened higher this morning

Australia: S&P/ASX 200 (.AXJO) opened higher this morning he Australian share market opened higher this morning following positive leads from Wall Street. It is now tracking at 0.75 per cent higher at noon. The materials sector is leading the way and the consumer discretionary sector is trailing behind. Iron ore price rose 0.9 per cent […]

Australian Dollar: USD/AUD (AUD=X) lacks any catalyst to pursue a sustained move higher

Australian Dollar: USD/AUD (AUD=X) lacks any catalyst to pursue a sustained move higher

Australian Dollar: USD/AUD (AUD=X) lacks any catalyst to pursue a sustained move higher The Australian Dollar edged higher on Monday as traders took up positions ahead of the latest Reserve Bank of Australia (RBA) interest rate decision but analyst commentary suggests the announcement is unlikely to provide the Antipodean unit with impetus for further gains. AUD recovered most […]

Australia: S&P/ASX 200 (.AXJO) Potentially Good Start for the Week Ahead

Australia: S&P/ASX 200 (.AXJO) Potentially Good Start for the Week Ahead

Australia: S&P/ASX 200 (.AXJO) Potentially Good Start for the Week Ahead The ASX is looking for a bright start later this morning despite ending a downbeat series of trading session last week that saw the ASX 200 close 1% lower. The ASX 200 futures market was up 26 points at the close overnight Friday after […]

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Many markets, many stories: We are getting to the dense end of the week now, and the picture markets is certainly beginning to show it. Things were looking quite rosy yesterday morning as Australian traders dusted off their keyboards to get to work: Apple reported and eased the tech-wreck […]

Australian Dollar: USD/AUD (AUD=X) trending closely to its worst 2018 levels

Australian Dollar: USD/AUD (AUD=X) trending closely to its worst 2018 levels

Australian Dollar: USD/AUD (AUD=X) trending closely to its worst 2018 levels AUD traded within a tight 27 pips range yesterday, the narrowest 1-day range so far this year. The quiet consolidation offers no fresh clue and we continue to hold a neutral stance. We previously held the view that the downside is more ‘sticky’ but […]

Australia: S&P/ASX 200 (.AXJO) Set to Open Slightly Lower

Australia: S&P/ASX 200 (.AXJO) Set to Open Slightly Lower

Australia: S&P/ASX 200 (.AXJO) Set to Open Slightly Lower The Australian sharemarket finished a narrow session slightly lower as US-China trade-war expectations flipped around overnight and domestic manufacturing data surprised on the downside. The S&P-ASX 200 index swung in and out of the red before closing down 4.5 points, or 0.07 per cent, at 6275.7 […]

Australia: S&P/ASX 200 (.AXJO) Corporate earnings will keep traders active

Australia: S&P/ASX 200 (.AXJO) Corporate earnings will keep traders active

Australia: S&P/ASX 200 (.AXJO) Corporate earnings will keep traders active Australian shares wavered in early trade on Tuesday but edged higher as investors in BHP helped the market cling to positive territory, holding near its 2018 highs despite another negative lead from Wall Street. The ASX200 index rose 5.3 points, less than 0.1 percent, to […]

Australian Dollar: USD/AUD (AUD=X) heats up today with major releases coming

Australian Dollar: USD/AUD (AUD=X) heats up today with major releases coming

Australian Dollar: USD/AUD (AUD=X) heats up today with major releases coming – AUD rises as building approvals surge eases housing concerns. – Building approvals rise by 6.4% in June, sidelining fears of collapse. – But housing market activity may still slow further during months ahead. After a slow start to the week, the economic events […]

Australia has to Stop Foreign Aid

Australia has to Stop Foreign Aid

Australia has to Stop Foreign Aid Australia is happy to fill the pockets of foreign nations but is reluctant to bail out it’s own people in a time of emergency. Aussie farmers are suffering a severe drought, Aussie workers have seen real wages shrink to what might be the lowest point in Australian history. How […]

Silver Lake Resources Limited (SLR:AX) Heffx Issues a Buy Rating

Silver Lake Resources Limited (SLR:AX) Heffx Issues a Buy Rating

Silver Lake Resources Limited (SLR:AX) Heffx Issues a Buy Rating Silver Lake Resources Ltd (SLR.AX) shares are moving today on volatility 0.92% or 0.005 from the open. The ASX listed company saw a recent bid of 0.55 and 615917 shares have traded hands in the session. Silver Lake Resources Ltd (SLR.AX) currently has a 14-day Commodity Channel Index (CCI) of -69.61. Active investors may […]

Australia: S&P/ASX 200 (.AXJO) Watch for Earnings

Australia: S&P/ASX 200 (.AXJO) Watch for Earnings

Australia: S&P/ASX 200 (.AXJO) Watch for Earnings Australian shares have finished lower, with investor caution and a weak Wall Street lead robbing the local market of momentum on Monday. The benchmark S&P/ASX200 index was down 21.8 points, or 0.35 per cent, at 6,278.4 points at 1615 AEST on Monday, while the All Ordinaries was down […]

Australian Dollar: USD/AUD (AUD=X) largely unchanged to start the trading week

Australian Dollar: USD/AUD (AUD=X) largely unchanged to start the trading week

Australian Dollar: USD/AUD (AUD=X) largely unchanged to start the trading week The Australian dollar dropped in the range as Australian inflation missed expectations. What’s next? Australia’s trade balance and retail sales stand out. Here are the highlights of the week and an updated technical analysis for AUD/USD. Australia’s quarterly inflation report showed an increase of […]

Australia: S&P/ASX 200 (.AXJO) Improved market sentiment

Australia: S&P/ASX 200 (.AXJO) Improved market sentiment

Australia: S&P/ASX 200 (.AXJO) Improved market sentiment The Australian sharemarket has closed the week higher, hitting a fresh 10-year high on the back of improved market sentiment and commodity prices. Since Australia Day, the ASX200 has gained 4 per cent while the likes of the S&P500 in the US and the global MSCI index have […]

Australian Dollar: USD/AUD (AUD=X) Heffx Buy Rating

Australian Dollar: USD/AUD (AUD=X) Heffx Buy Rating

Australian Dollar: USD/AUD (AUD=X) Heffx Buy Rating The Australian dollar popped higher in late trade on Wednesday, reversing earlier losses to close at a two-week high. A reduction in trade tensions between the United States and European Union was behind the Aussie’s late surge. Overall, the bias in prices is: Downwards. The projected upper bound […]

Australian Dollar: USD/AUD (AUD=X) falls broadly after seventh consecutive inflation disappointment

Australian Dollar: USD/AUD (AUD=X) falls broadly after seventh consecutive inflation disappointment

Australian Dollar: USD/AUD (AUD=X) falls broadly after seventh consecutive inflation disappointment The Australian dollar fell against the US dollar after the country’s statistics office released the Consumer Price Index (CPI) data for the second quarter. The data showed that the CPI rose by 0.4% in the quarter. This was lower than the expected 0.5%. It […]

Australia: S&P/ASX 200 (.AXJO) big four banks all closed lower

Australia: S&P/ASX 200 (.AXJO) big four banks all closed lower

Australia: S&P/ASX 200 (.AXJO) big four banks all closed lower The Australian share market has closed lower, hurt by banks, health care and consumer-exposed stocks, including Woolworths and Wesfarmers. The benchmark S&P/ASX200 index was down 18.2 points, or 0.29 per cent, at 6,247.6 on Wednesday, while the broader All Ordinaries fell 13.5 points, or 0.21 […]

Australian Dollar: USD/AUD (AUD=X) Consolidating

Australian Dollar: USD/AUD (AUD=X) Consolidating

Australian Dollar: USD/AUD (AUD=X) Consolidating The Australian dollar was subdued on Tuesday as the country’s central bank expressed concern about the impact of high household debt on the economy. The Australian dollar was at 73.86 US cents at 0832 AEST, down from 74.31 US cents on Tuesday. Overall, the bias in prices is: Downwards. The […]

Australia: S&P/ASX 200 (.AXJO) pointing higher

Australia:  S&P/ASX 200 (.AXJO) pointing higher

Australia: S&P/ASX 200 (.AXJO) pointing higher Australian shares opened the week lower as investors sought more defensive positions after US President Donald Trump threatened to escalate the tariff war with China. The S&P/ASX 200 index fell 58.3 points, or 0.9 per cent, to 6227.6 amid increased uncertainty surrounding global growth. It was the biggest decline […]

Australia: S&P/ASX 200 (.AXJO) shares down on intensifying trade war tensions

Australia: S&P/ASX 200 (.AXJO) shares down on intensifying trade war tensions

Australia: S&P/ASX 200 (.AXJO) shares down on intensifying trade war tensions Australian shares opened the week lower as investors sought more defensive positions after US President Donald Trump threatened to escalate the tariff war with China. The S&P/ASX 200 index fell 58.3 points, or 0.9 per cent, to 6227.6 amid increased uncertainty surrounding global growth. […]

Australian Dollar: USD/AUD (AUD=X) trading in a tight range

Australian Dollar: USD/AUD (AUD=X) trading in a tight range

Australian Dollar: USD/AUD (AUD=X) trading in a tight range The Australian dollar is currently selling off against all major currencies. The Aussie is currently the weakest against the Japanese yen. Last week, the Australian dollar ended flat against the US dollar. As Chinese growth decelerates and US-China trade tensions rise, the Australian dollar remains in […]

Australian Dollar: USD/AUD (AUD=X) expected to open lower

Australian Dollar: USD/AUD (AUD=X) expected to open lower

Australian Dollar: USD/AUD (AUD=X) expected to open lower The week ahead is all about prices Another big week ahead, U.S earnings, 2nd quarter GDP numbers, Trade wars and ECB monetary policy all in focus. For the Aussie Dollar, following last week’s impressive employment numbers, focus shifts to 2nd quarter inflation figures, with consumer inflation figures due […]

Australian Dollar: USD/AUD (AUD=X) is the stand out performer overnight

Australian Dollar: USD/AUD (AUD=X) is the stand out performer overnight

Australian Dollar: USD/AUD (AUD=X) is the stand out performer overnight Bids in the dollar sees the pair surrender its gains from the employment report. It was a short-lived run for buyers as the upbeat Aussie employment report saw price jump to a high of 0.7441 but ultimately failed to move any higher with the 23.6 […]

Australian Dollar: USD/AUD (AUD=X) uncertainty over the outlook for international trade

Australian Dollar: USD/AUD (AUD=X) uncertainty over the outlook for international trade

Australian Dollar: USD/AUD (AUD=X) uncertainty over the outlook for international trade The Australian Dollar reversed earlier losses during noon trading Wednesday and marched higher ahead of the June employment report, which traders will watch closely for clues about the condition of Australia’s labour market. In late-morning trades, the benchmark S&P/ASX 200 Index is adding 49.30 […]

Australia: S&P/ASX 200 (.AXJO) Miners lead ASX Higher

Australia: S&P/ASX 200 (.AXJO) Miners lead ASX Higher

Australia: S&P/ASX 200 (.AXJO) Miners lead ASX Higher The Australian sharemarket rebounded from two days in the red, following a strong session for mining giant BHP Billiton. The best performing stock in the S&P/ASX 200 is Saracen Mineral Holdings Limited (ASX:SAR), rising 7.32 per cent higher to $2.20, followed by shares in Technology One Limited […]

Australian Dollar: USD/AUD (AUD=X) China to dictate what direction the Australian dollar will move

Australian Dollar: USD/AUD (AUD=X) China to dictate what direction the Australian dollar will move

Australian Dollar: USD/AUD (AUD=X) China to dictate what direction the Australian dollar will move The Aussie underperformed in the weeks of broad US dollar strength following the FOMC and ECB mid-June meetings but so far in July it has been near the middle of the G10 pack. Weighing on AUD have been a pullback in […]

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Australian shares are poised to open higher, bolstered by gains on Wall Street and in Europe. ASX futures up 18 points.. The Australian dollar slips. Here’s a short recap of the Australian market: S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.61% to 6,203.60 ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower […]

Australia: S&P/ASX 200 (.AXJO) poised to open lower, oil plunges

Australia: S&P/ASX 200 (.AXJO) poised to open lower, oil plunges

Australia: S&P/ASX 200 (.AXJO) poised to open lower, oil plunges Australia stocks were lower after the close on Monday, as losses in the Gold, Healthcare and A-REITs sectors led shares lower. At the close in Sydney, the S&P/ASX 200 lost 0.45%. The best performers of the session on the S&P/ASX 200 were G8 Education Ltd […]

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Australian shares were unchanged at the close of Friday’s session. The S&P/ASX 200 index, close the session at 6,268.400. In the banking space, ANZ Banking, Westpac, National Australia Bank and Commonwealth Bank are lower in a range of 04 percent to 0.5 percent. While, the best performers […]

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Australian shares are set to open higher as a tech rally paced a rally on Wall Street. $A rebounds. All three US benchmarks were sharply higher in afternoon trade. Twenty five of the Dow’s 30 components were higher, paced by Microsoft, Cisco, Intel and Apple. Shares in Atlassian […]

Australian Dollar: USD/AUD (AUD=X) risks a visit of 0.7300

Australian Dollar: USD/AUD (AUD=X) risks a visit of 0.7300

Australian Dollar: USD/AUD (AUD=X) risks a visit of 0.7300 The Aussie Dollar could slip back to the 0.7300 handle in the next weeks. Key Quotes 24-hour view: “While we expected a lower AUD yesterday, the rapid decline that took out the strong 0.7380 support was not exactly anticipated. The pressure is still clearly on the downside but […]

Australia: Will Rates Burst the Real Estate Bubble

Australia: Will Rates Burst the Real Estate Bubble

Australia: Will Rates Burst the Real Estate Bubble Banks in Australia are gearing up for slight increases in interest rates, but in an overly inflated market this may well mean disaster for many and a correction in prices across the country. The smaller lenders are already moving rates higher but so far the big 4 […]

Australia: S&P/ASX 200 (.AXJO) falls on financials

Australia: S&P/ASX 200 (.AXJO) falls on financials

Australia: S&P/ASX 200 (.AXJO) falls on financials The Australian sharemarket posted a modest decline on Tuesday despite an overnight advance in base metals prices helping lift the shares of heavyweight miners. The S&P/ASX 200 index fell 27.9 points, or 0.4 per cent, to 6258.1, falling on losses made by the big financial stocks. Macquarie announced […]

Australia: S&P/ASX 200 (.AXJO) Hits New 10 Year Highs

Australia: S&P/ASX 200 (.AXJO) Hits New 10 Year Highs

Australia: S&P/ASX 200 (.AXJO) Hits New 10 Year Highs Australian stocks continued their march higher, hitting 10-year highs at the start of a new trading week. The ASX200 briefly broke through the key 6301 point level. At the close, the index was at 6,286.00, up 13.70 points or 0.22%. The market has gained almost 1.5% […]

Australian Dollar: USD/AUD (AUD=X) Will the Rally Last?

Australian Dollar: USD/AUD (AUD=X) Will the Rally Last?

Australian Dollar: USD/AUD (AUD=X) Will the Rally Last? Movements in the Aussie look set to be determined by sentiment and technicals given a quiet economic calendar. There’s few releases of note in Asia with German trade and current account figures, Eurozone investor sentiment and US consumer credit the only real highlights in the second half […]

James Packer Dodging Trouble with Mental Health Claim?

James Packer Dodging Trouble with Mental Health Claim?

James Packer Dodging Trouble with Mental Health Claim? Australian tycoon James Packer has quit his family firm Consolidated Press Holdings as he recovers from mental health issues, a spokesman said Monday, months after he stepped down from gaming empire Crown Resorts. Packer’s departure from his private investment vehicle is the latest step by one of […]

Travel Australia: Visit Cairns

Travel Australia: Visit Cairns

Travel Australia: Visit Cairns See the Great Barrier Reef No trip to Cairns is complete without visiting the Great Barrier Reef, the world’s largest coral reef system. It’s made up of 3000 coral reefs, 600 continental islands and 300 coral cays. Book a day cruise with operators such as  or  to snorkel and dive among vivid […]

Australia: S&P/ASX 200 (.AXJO) advanced for the third time in ten sessions

Australia: S&P/ASX 200 (.AXJO) advanced for the third time in ten sessions

Australia: S&P/ASX 200 (.AXJO) advanced for the third time in ten sessions Australian shares advanced for the third time in ten sessions as modest gains by the finance sector beat out losses made in the material sector following an overnight base metal retreat. The S&P/ASX 200 index gained 32.1 points, or 0.91 percent to 6272.3, […]

Bechtel Wins Western Sydney Airport

Bechtel Wins Western Sydney Airport

Bechtel, a global leader in project management, engineering, procurement and construction, has been selected by WSA Co as its Delivery Partner and Project Manager (Definition) for the Western Sydney Airport, a $5.3 billion greenfield facility in Badgerys Creek, New South Wales. This will be a landmark project for both New South Wales and Australia, and […]

USD/AUD (AUD=X) sits near the lower end of its daily trading range

USD/AUD (AUD=X) sits near the lower end of its daily trading range

USD/AUD (AUD=X) sits near the lower end of its daily trading range Dollar softer amid lingering trade war fears China central bank to keep yuan stable, helping cool-off market Canada dollar gains on manufacturing data, higher oil prices Mexico peso jumps on soothing words from president-elect U.S. holiday seen thinning trade Major currencies marked time […]

Australia: S&P/ASX 200 (.AXJO) falls on financial heavyweights

Australia: S&P/ASX 200 (.AXJO) falls on financial heavyweights

Australia: S&P/ASX 200 (.AXJO) falls on financial heavyweights Weak commodity prices drag materials lower Platinum Investment top pct loser on trade war concerns Australian shares fell on Wednesday as financials reversed their gains from the previous session, while materials stocks continued their decline on weaker commodity prices. The S&P/ASX 200 index was down 0.4 percent, […]

USD/AUD (AUD=X) tied to Chinese data and risk sentiment

USD/AUD (AUD=X) tied to Chinese data and risk sentiment

USD/AUD (AUD=X) tied to Chinese data and risk sentiment Chinese manufacturing growth slowed, could hit the AUD. AUD/USD strong resistance at 0.7440, upward chances increase beyond it. The AUD/USD pair edged sharply higher on Friday and settled at 0.7407, anyway down weekly basis. The Aussie found support on a broadly weaker dollar, hit by profit-taking […]

Australia’s Corrupt Big Banks Will Crumble

Australia’s Corrupt Big Banks Will Crumble

Six current and former top executives from banking giants Deutsche Bank, Citigroup and ANZ were charged Tuesday by Australian federal prosecutors with criminal cartel conduct over a multi-billion-dollar capital raising. The charges come as Australia’s top lenders face scrutiny over their behaviour amid a royal commission investigating misconduct in the sector. John McLean, Itay Tuchman […]

Australia’s Commonwealth Bank Laundered Money Funded Terrorists

Australia’s Commonwealth Bank Laundered Money Funded Terrorists

Australia’s Commonwealth Bank Laundered Money Funded Terrorists The Commonwealth Bank Monday agreed to the largest civil penalty in Australian corporate history to settle claims it breached anti-money laundering and counter-terrorism financing laws. The Aus$700 million (US$530 million) fine — which is subject to court approval — comes after mediation between the nation’s biggest bank and […]

Travel Warning: Gold Coast No Longer Safe for Women

Travel Warning: Gold Coast No Longer Safe for Women

Travel Warning: Gold Coast No Longer Safe for Women Sexual Assaults in Australia are on the rise and the Gold Coast is reporting a horrifying trend, the Judiciary are weak in Australia and many immigrant/refugee sex offenders are not even sentenced. The answer from the police is women must change their behavior? Seems so, women […]

Godolphin Hunt the G1 Blue Diamond

Godolphin Hunt the G1 Blue Diamond

Godolphin Hunt the G1 Blue Diamond by Mike Hedge at Godolphin The Godolphin two-year-olds Plague Stone and Encryption are fit and ready to make winning breakthroughs in the G1 Blue Diamond Stakes at Caulfield on Saturday, 24 February. The James Cummings trained pair come into the race with five placings between them and considerable improvement […]

The Grand Finals of Australian Racing

The Grand Finals of Australian Racing

The Championships was inaugurated in 2014 as a “Grand Finals” concept to feature and showcase the very best of Australian racing as the jewel in the crown of Sydney’s Autumn Carnival. 2018 will witness the fifth year of this exciting initiative, launched by Racing NSW in partnership with The Australian Turf Club and supported by […]

Winx is Back

Winx is Back

Punters will be able to have an in-depth look at just how champion Winx performs in her rehearsal at Royal Randwick on Saturday through Punters Intel data. The champion mare and her five companions in the 1200m trial at 2.35pm will carry the Longines tracking chips to provide punters with a breakdown of her gallop […]

What Price Winx? The Championships

What Price Winx? The Championships

What Price Winx? The Championships By Ray Hickson at Racing NSW You wouldn’t think pricing Australia’s superstar Winx in any race would be a tough job but TAB’s price assessors had a quandary when it came to The Championships. There’s no bigger name in Australian racing than Winx and her presence is being fought for […]

Inglis’ Riverside Stables Prove Popular with Buyers

Inglis’ Riverside Stables Prove Popular with Buyers

2018 CLASSIC YEARLING SALE STATISTICS BOOK 1 (2017 in brackets) Lots Sold: 518 (505) Clearance Rate: 93% (90%) Average Price: $93,565 ($71,342) Median Price: $75,000 ($55,000) Top Price: $480,000 ($400,000) Gross: $48,466,500 ($36,025,500) BOOK 2 Lots Sold: 157 Clearance Rate: 88% Average Price: $44,914 Median Price: $35,000 Top Price: $200,000 Gross: $7,051,500 Inglis’ Riverside Stables […]

Segenhoe Shines at the Inglis 2018 Classic Yearling Sale

Segenhoe Shines at the Inglis 2018 Classic Yearling Sale

Segenhoe Shines at the Inglis 2018 Classic Yearling Sale With total sales of $986,000 over across 10 lots for an average of $98,600 and a 100% sale rate the 2018 Classic Yearling Sale was another winner for Segenhoe Stud. The top lot was by the Newgate Sire Deep Field brining $205,000. The success in Sydney […]

Inglis Sets Sights on the Future

Inglis Sets Sights on the Future

By Julieanne Horsman AUCTION HOUSE INGLIS HAS THROW OPEN THE DOORS TO ITS BRAND NEW RIVERSIDE STABLES, CLOSING THE BOOK ON MORE THAN A CENTURY OF SALES AT NEWMARKET. Guests at the Inglis Classic Yearling Sale, which begins tomorrow, are in for a treat especially those who’ve never stepped foot inside the $140million Riverside Stables […]

Segenhoe Stud Bring Some Hot Lots to the 2018 Classic Yearling Sale

Segenhoe Stud Bring Some Hot Lots to the 2018 Classic Yearling Sale

Segenhoe Stud Bring Some Hot Lots to the 2018 Classic Yearling Sale Segenhoe has been producing some high quality yearlings over the last few years and has seen plenty of success on the race course. Segenhoe had a spectacular result at the Magic Millions with total sales of $7,750,000 across 19 yearlings (av $409,211 ). […]

Can Performer take the Slipper

Can Performer take the Slipper

Can Performer take the Slipper By Brad Gray at Racing NSW Performer’s narrow victory in Saturday’s G3 Canonbury Stakes (1100m) has divided punters. Immediately after the race, TAB kept Performer at $8 for the Golden Slipper, on the second line of betting behind Sunlight at $6. “The performance itself seemed adequate in a very slowly […]

Fastnet Rock Powers the Success of Coolmore Australia

Fastnet Rock Powers the Success of Coolmore Australia

Fastnet Rock Powers the Success of Coolmore Australia The success of graduates of Coolmore Australia in recent years is showing no signs of stalling if the early months of 2018 are anything to go by. In 2017, there were 26 stakes winning graduates of Coolmore’s Jerrys Plains nursery. That tally includes 5 Gr.1 winners and […]

Blue Diamond, Golden Slipper: Australia’s Hot 2 Year Olds

Blue Diamond, Golden Slipper: Australia’s Hot 2 Year Olds

Blue Diamond, Golden Slipper: Australia’s Hot 2 Year Olds Exceed And Excel Unbeaten colt Performer gave his G1 Golden Slipper Stakes prospects another boost, along with those of his sire Exceed And Excel, with a hard-fought victory in the G3 Canonbury Stakes at Rosehill on 3 February. Performer survived a tight finish to score by […]

Countdown To $3.5Million Golden Slipper

Countdown To $3.5Million Golden Slipper

Countdown To $3.5Million Golden Slipper Rosehill Gardens, home of the Longines Golden Slipper, hosts a fantastic day of racing this Saturday, 3 February for Sydney Markets Expressway Stakes Raceday. The Golden Slipper Stakes is an Australian Turf Club Group 1 Thoroughbred horse race for two-year-olds run over 1,200 metres on turf at set weights conditions, […]

Country Championships Port Macquarie this Friday

Country Championships Port Macquarie this Friday

Country Championships Port Macquarie this Friday Friday Terry Evans Racing is heading to Port Macquarie they have the in form  SCORCHING, DOLPHIN WATCH  havingit’s first start, CHAOS , TICKET TO FLY who is overdue for a win and DOURO. By Rod Fullerat Racing NSW With the Mid North Coast Racing Association Country Championships Preview highlighting […]

Godolphin Youngsters Hunt Group Glory in Australia

Godolphin Youngsters Hunt Group Glory in Australia

Godolphin Youngsters Hunt Group Glory in Australia by Mike Hedge at Godolphin Having established himself as one of Godolphin’s better Australian two-year-olds in the spring, Encryption returns to racing at Caulfield on 3 February ready to graduate to a new level. On a card that heralds the return of several runners expected to feature in […]

Cluster Yearlings Head to Magic Millions in Adelaide

Cluster Yearlings Head to Magic Millions in Adelaide

Cluster Yearling Head to Magic Millions in Adelaide The quest to find Australia’s next life changing sprinter is underway with the release of the 2018 Adelaide Yearling Sale catalogue. Viddora, the multi-million dollar earner, shone a light on the SA based sale when she raced away for the easiest of wins on the $10 million […]

Fastnet Rock 2yo’s are Outstanding

Fastnet Rock 2yo’s are Outstanding

Fastnet Rock 2yo’s are Outstanding Some of the best 2yos in Australia are by International Super Sire Coolmore‘s Fastnet Rock. Having made the decision to bypass the Karaka Million, the Lindsay Park team has the Group I MRC Blue Diamond Stakes firmly in its sights with exciting colt Long Leaf (2c Fastnet Rock x Frustrating, […]

Starspangledbanner Colt Being Syndicated

Starspangledbanner Colt Being Syndicated

“Speedy, strong and superbly put together” is how Damian White describes a stunning Starspangledbanner colt being syndicated as he prepares to head to the stables of the highly respected Mt Eliza based trainer Grahame Begg. Just 20% (available as 5 or 10% shares) are left in the colt described by White as “correct and extremely […]

2018 Australian Easter Yearling Sale Catalogue Out Now

2018 Australian Easter Yearling Sale Catalogue Out Now

An elite catalogue of 534 top-level yearlings will be the focus of the world’s thoroughbred industry at the 2018 Australian Easter Yearling Sale at Riverside Stables from April 9-11. Among the catalogue, which is now available online, are 38 siblings to Group 1 winners such as Catchy, Starspangledbanner, Mighty Boss, Shoals, Buffering, Mossfun, Lankan Rupee, […]

Magic Millions: Big Day for Women’s Syndicates

Magic Millions: Big Day for Women’s Syndicates

Magic Millions: Big Day for Women’s Syndicates Women-only syndicate back in with another Millions hopeful There is so much about Queensland’s hugely successful Magic Millions week that typifies racing in Australia. The glitzy, glamorous promotion, the high quality of horseflesh and the opportunity for intense competition, both on the track and in the sales ring, […]

Magic Millions: Spectacular Results for Segenhoe

Magic Millions: Spectacular Results for Segenhoe

Magic Millions: Spectacular Results for Segenhoe Segenhoe has been producing some high quality yearlings over the last few years and has seen plenty of success on the race course. At the Magic Millions Sale on Australia’s Gold Coast Segenhoe certainly outperformed. [email protected] owned in partnership Tumultuous gets a terrific run through to claim the Sky […]

Magic Millions Book 3: The Hot Lots

Magic Millions Book 3: The Hot Lots

Magic Millions Book 3: The Hot Lots By Knightsbridge Bloodstock It has been a spectacular sale on Australia’s Gold Coast and Book 3 will finish off a record breaking run for Magic Millions. Now it’s bargain time but given the strength of the sale it is unlikely you will be stealing anything. Bullet Train feature […]

Uncle Mo a Star in Australia and the USA

Uncle Mo a Star in Australia and the USA

Uncle Mo a Star in Australia and the USA Uncle Mo was well received at the Magic Millions sale on Australia’s Gold Coast 8 Uncle Mo’s went under the hammer at the Magic Millions averaging $114,375.00 the 6 colts averaged $135,000.00 none were passed in with a maximum of $200,000 and a minimum of $80,000. […]

Magic Millions 2YO Classic Raises Some Questions

Magic Millions 2YO Classic Raises Some Questions

Magic Millions 2YO Classic Raises Some Questions It is becoming too common for major races to be marred by controversial riding, especially early in the race where the chance of a protest being upheld are minimal, but things have to change. Owners, Trainers, Jockeys and all the connections of horses that have the ability to […]

Magic Millions Book 1 Brings $155,952,000

Magic Millions Book 1 Brings $155,952,000

Magic Millions Book 1 Brings $155,952,000 The Magic Millions Gold Coast Yearling Sale has smashed all records for its Book One auction with previous benchmarks obliterated during the action packed four day event. A filly by Snitzel became the ninth individual lot to sell for $1 million or more when she was knocked down to […]

A Look at Coolmore and the Magic Millions

A Look at Coolmore and the Magic Millions

A Look at Coolmore and the Magic Millions Fastnet Rock, Pierro and Rubick sold well at the Magic Millions. Champion sire Fastnet Rock provided the top lot during the opening session of the 2018 Magic Millions Yearling Sale and also finished the day as the leading sire by average. His star performer was a colt […]

Big Sunday Meeting for Wellington Race Club

Big Sunday Meeting for Wellington Race Club

Big Sunday Meeting for Wellington Race Club By Tony Megahey at Racing NSW Recent city TAB Highway contenders Ryan Bloodstock and the Cameron Crockett stable provide the strongest push into Sunday’s booming Wellington TAB meeting where champion regional jockey Greg Ryan has stood down from a full book with injury. Capacity fields and emergencies are […]

Australian Racing: Terry Evans Heads to Port Macquarie

Australian Racing: Terry Evans Heads to Port Macquarie

Australian Racing: Terry Evans Heads to Port Macquarie PANTHERS RACEDAY – FRIDAY 12th Twilight Racemeeting – All Panthers Members Admitted Free 8 Races & $160.000 p/money. First race 2.53 pm – Last 7.04 pm Port Macquarie Race Clubs holds approximately 23 race meets per year. The track is situated on the Oxley Highway, just 3km […]

QIPCO Champ Churchill Heads to Stud

QIPCO Champ Churchill Heads to Stud

Churchill was a gift for headline makers during his 13-race career even if constant mentions of him preparing for battles and, mostly, winning them got a little monotonous. The Galileo colt was crowned champion two-year-old of 2016 and when he won the QIPCO 2000 Guineas and Tattersalls Irish 2000 Guineas on his first two starts […]

Brooke Sweeney and Rebeka Prest Can Deliver for Spackman

Brooke Sweeney and Rebeka Prest Can Deliver for Spackman

Girl power could reign supreme as trainer Scott Spackman tries to keep his winning run going with jockeys Brooke Sweeney and Rebeka Prest at Wagga on Friday. Spackman and Sweeney will combine with O’ So Hazy ($2.15 favourite on TAB fixed odds), while Prest will be legged aboard Takookacod ($2.40 fav) who is coming off […]

Strong Day 1 at Magic Millions

Strong Day 1 at Magic Millions

Strong Day 1 at Magic Millions The Magic Millions yearling sale is underway on the Gold Coast and Day proved to be a strong market once again. $35,765,000 in sales and a clearance rate of over 80%. The Top Lots were no surprise with Fastnet Rock dominating the big money and Coolmore the leading vendor […]

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