Gold Steady, USD Down, Stocks Up + Commodities

Gold Steady, USD Down, Stocks Up + Commodities

Gold Steady, USD Down, Stocks Up + Commodities $GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Steady US Dollar Down Crude Oil deep in Bear Market Territory Asian Stocks Up sans Japan In Asia Gold: Gold prices held steady Thursday, after rising nearly 1% in the prion session, as USD slipped further from a 16-month peak hit earlier in the week. Spot gold was little […]

Australian Banks Prey on Average Australians

Australian Banks Prey on Average Australians

Australian Banks Prey on Average Australians The big 4 banks in Australia have operated in an environment of complete protection with competition regulated out of the market, the result has been a disaster for Australians. Australia must deregulate to allow greater competition and give Australians access to better banking, the idea that these 4 banks […]

Global Investors Buying US Stocks, S&P 500 at Record Highs

Global Investors Buying US Stocks, S&P 500 at Record Highs

Global Investors Buying US Stocks, S&P 500 at Record Highs $DIA, $SPY, $QQQ, $RUTX, $VXX Global Investors bought into US stocks this week which set their longest-ever market rally. That action declared the end of a “tsunami” of tech fund inflows which have driven the market higher, noting tiny inflows of $0.1-B this week after […]

Global Stock Dividends Rise 13% to Record High $497-B

Global Stock Dividends Rise 13% to Record High $497-B

Global Stock Dividends Rise 13% to Record High $497-B It is a Golden Age for Dividend Investing  Global stock dividend payouts have risen 13% in the three months to the end of June, hitting a new record high of $497 billion, according to the Janus Henderson Global Dividend Index. Dividends rose across the globe, with […]

Scott Morrison Set to Fail Australia

Scott Morrison Set to Fail Australia

Scott Morrison Set to Fail Australia Scott Morrison is a disaster for Australia, he will immediately fail the nation with his pro-multiculturalism stance. According to his own website Australia is one of the most successful multicultural societies in the world. Cultural diversity is one of our greatest assets – sparking innovation, creativity and vitality. It […]

Asia Reacts to Trade War and Another Failed Australian Leader

Asia Reacts to Trade War and Another Failed Australian Leader

Asian markets mostly fell on Friday as China-US trade talks wrapped up with little progress being made, while the dollar held gains ahead of a key speech by the head of the Federal Reserve. The Australian dollar was among the worst performers as the country is gripped by political uncertainty with Prime Minister Malcolm Turnbull […]

Australia Should Follow New Zealand and Ban Foreign Ownership

Australia Should Follow New Zealand and Ban Foreign Ownership

Australia Should Follow New Zealand and Ban Foreign Ownership Australians have been over taxed and severely handicapped financially over the last 30 years, while other countries have encouraged small business, created a citizen friendly financial system and political system. In Australia small business and workers have been treated like the enemy of the state while […]

Trade Global Markets with One Account

Trade Global Markets with One Account

Trade Global Markets with One Account Fast, intuitive and secure. Trade more than 50,000 financial products, including stocks, cryptocurrency funds, options, futures, bonds, currencies, metals and commodities from all over the world. Work with your single multi-currency account on any device. Trading stocks is now easier than ever. Get online access to over 10,000 stocks […]

No Medicine Can Save Innate Immunotherapeutics Limited (IIL.AX)

No Medicine Can Save Innate Immunotherapeutics Limited (IIL.AX)

No Medicine Can Save Innate Immunotherapeutics Limited (IIL.AX) Innate Immunotherapeutics is set to flat line as the congressman, who sat on the firm’s board of directors and was one of its largest shareholders Chris Collins, was charged overnight with insider trading. The company has been on a losing streak for sometime now and the new […]

Economic Outlook for Australia

Economic Outlook for Australia

Statement by Philip Lowe, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth in China has slowed a little, with […]

Australian Workers Suffer as Population Explodes

Australian Workers Suffer as Population Explodes

Australian Workers Suffer as Population Explodes Australia’s population will hit a record 25 million on Tuesday, almost a decade earlier than forecast projected, as the country’s politicians flood the nation with hundreds of thousands of immigrants each year, according to latest government data. The Australian Bureau of Statistics estimates the population will reach 26 million […]

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 […]

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 […]

Lucapa Unearthed Another Large Diamond at Lesotho

Lucapa Unearthed Another Large Diamond at Lesotho

Lucapa Unearthed Another Large Diamond at Lesotho $LCPDF Australia’s Lucapa Diamond (ASX:LOM, OTCMKT:LCPDF)) has found an 89-carat yellow diamond at its 70%-owned Mothae mine in Lesotho during the current bulk sampling program. The company’s managing director, Stephen Wetherall, said the recovery of such a large diamond so early in the bulk sampling program provided further proof that, just […]

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 […]

Lucapa Found Another Large Diamond in Angola

Lucapa Found Another Large Diamond in Angola

Lucapa Found Another Large Diamond in Angola $LCPDF Australia’s Lucapa Diamond (ASX:LOM, OTCMKT:LCPDF) has discovered yet another large diamond at its prolific Lulo mine in Angola, a 46-carat pink stone, the largest colored gem-quality rock ever recovered there. The company said the gem-quality colored diamond eclipsed both the 43-carat yellow gem found in January and the almost 39-carat pink dug up […]

Telstra Corporation Limited (ASX:TLS) Heffx Daily Technicals

Telstra Corporation Limited (ASX:TLS) Heffx Daily Technicals

Telstra Corporation Limited (ASX:TLS) Heffx Daily Technicals Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 3.32. The projected upper bound is: 3.22. The projected lower bound is: 2.99. The projected closing price is: 3.10. Candlesticks A […]

Woolworths Group Limited (ASX:WOW) Trending Downwards

Woolworths Group Limited (ASX:WOW) Trending Downwards

Woolworths Group Limited (ASX:WOW) Trending Downwards Overall, the bias in prices is: Downwards.   The projected upper bound is: 27.20. The projected lower bound is: 25.81. The projected closing price is: 26.50. Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices […]

Stock Market Participants Who Bet on Volatility ‘Hammered’

Stock Market Participants Who Bet on Volatility ‘Hammered’

Stock Market Participants Who Bet on Volatility ‘Hammered’ $VXX For a very long time volatility in the stock market had remained at 30 year lows, as stocks rose to new all-time highs since the day after the 2016 Presidential election without a pullback (3-5%) or a correction (9-11%). That is the longest stretch in market […]

The US and World Stock Markets are Functioning Normally

The US and World Stock Markets are Functioning Normally

The US and World Stock Markets are Functioning Normally $DIA, $SPY, $QQQ The technical selloffs in US and World stock markets, is not related to market fundamentals. World stock markets fell for a 4th day running on investor concerns about the prospect of higher interest rates and stretched equity valuations. US stocks marked about a […]

The Stock Market, “Nothing New Under the Sun.”

The Stock Market, “Nothing New Under the Sun.”

The Stock Market, “Nothing New Under the Sun.” $DIA, $SPY, $QQQ, $VXX  The DJIA dove almost 1,600 points, bottomed and bounced, as expected. Late Monday afternoon, Tom Farley, President of the New York Stock Exchange, said the stock market functioned correctly despite the tumult late in the afternoon. “There’s nothing new under the Sun.” The […]

Marijuana Sector Outlook for 2018

Marijuana Sector Outlook for 2018

Marijuana Sector Outlook for 2018 $GWPH, $BTC Medical Marijuana Approvals Should Increase It is expected the US Food and Drug Administration will approve the cannabis-based epilepsy drug Epidiolex from GW Pharmaceuticals Plc. (NASDAQ:GWPH) by the end of Summer 2018. GW Pharmaceuticals Plc is trading at: 132.00, +0.21, or +0.16% after hours: 7:37p EST on 10 January. Vs a […]

Australia and Asia Pacific are Biotech Destinations

Australia and Asia Pacific  are Biotech Destinations

Australia and Asia Pacific are Biotech Destinations Australia and the Asia Pacific are fast becoming the destination of choice for the over US$140 billion international biotech industry1, with considerable research incentives, supportive regulatory environments and affordable trial costs available. The increase in industry participation in the Asia Pacific region was highlighted in a private event […]

EU Property Giant Bets $16-B on US Shopping Malls

EU Property Giant Bets $16-B on US Shopping Malls

EU Property Giant Bets $16-B on US Shopping Malls $UNRDY, $WFGPY, $AMZN Europe’s biggest property firm Unibail-Rodamco (OTCMKT:UNRDY) is to buy US and UK mall operator Westfield Corp. (OTCMKT:WFGPY) for $16-B, a defensive move to create a global leader in a sector grappling with the online shopping challenge led by Amazon (NASDAQ:AMZN). The transaction gives […]

Investors Buy the Dips, Market Continues to Extend The Trump Rally

Investors Buy the Dips, Market Continues to Extend The Trump Rally

Investors Buy the Dips, Market Continues to Extend The Trump Rally $DIA, $SPY, $QQQ, $VXX Strategy: In an uptrend, when markets fall, buy. 2 weeks ago stocks encountered headwinds and a wide range of risk assets came under pressure in the week ended 18 November, and some market observers again declared the end of what […]

Australian Mines Limited (ASX:AUZ) Looks like the Bears have come to Play

Australian Mines Limited (ASX:AUZ) Looks like the Bears have come to Play

Australian Mines Limited (ASX:AUZ) Looks like the Bears have come to Play Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 0.07. The projected upper bound is: […]

National Australia Bank Ltd. (ASX:NAB) Cuts 6,000 Australian Jobs

National Australia Bank Ltd. (ASX:NAB) Cuts 6,000 Australian Jobs

National Australia Bank Ltd. (ASX:NAB) Cuts 6,000 Australian Jobs Up to 6,000 jobs will be axed in a major restructure at National Australia Bank, the lender said Thursday after posting Aus$5.28 billion (US$4.1 billion) in annual net profits. The positions will go as it further automates and simplifies its business. Some 2,000 new jobs will […]

Blackham Resources Ltd (ASX:BLK) Slammed

Blackham Resources Ltd (ASX:BLK) Slammed

Blackham Resources Ltd (ASX:BLK) Slammed Blackham looks like good buying today after being hammered in reaction to a fairly innocuous update, the financing seems to be the issue, the hedge and the possible dilution created a strong negative sentiment. I am not a fan of the hedge, but still if the operation is profitable, the […]

Blackham Resources Ltd (ASX:BLK) Headed to 30c

Blackham Resources Ltd (ASX:BLK) Headed to 30c

Blackham Resources Ltd (ASX:BLK) Headed to 30c This could do better but the PPS will be limited by a recent funding that was done in the 30c range. Blackham Resources Ltd (ASX:BLK) provides the Annual Report to shareholders. Review of Operations Over the last six years, Blackham has consolidated the Wiluna Goldfield with a tenement […]

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights Supermarket giant Woolworths could face strikes at Victorian and NSW distribution centres as 2000 staff push for pay rises and job certainty. The National Union of Workers last week lodged applications in the Fair Work Commission flagging possible strikes. “Workers at four Woolworths distribution centes have applied for Protected Action […]

Wesfarmers Ltd (ASX:WES) Trading Outlook

Wesfarmers Ltd (ASX:WES) Trading Outlook

Wesfarmers Ltd (ASX:WES) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 42.08. The projected upper bound is: 43.75. The projected lower bound is: 41.75. The projected closing price is: 42.75. Wesfarmers Limited is engaged […]

Fortescue Metals Group Limited (ASX:FMG) Trading Outlook

Fortescue Metals Group Limited (ASX:FMG) Trading Outlook

Fortescue Metals Group Limited (ASX:FMG) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 5.29. The projected upper bound is: 5.22. The projected lower bound […]

Rio Tinto Limited (ASX:RIO) Trading Outlook

Rio Tinto Limited (ASX:RIO) Trading Outlook

Rio Tinto Limited (ASX:RIO) Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 66.66. The projected upper bound is: 71.78. The projected lower bound is: 66.57. The projected closing price is: 69.18. RIO TINTO FPO […]

Taxation Kills Australia’s Auto Sector

Taxation Kills Australia’s Auto Sector Weak politicians and hideous taxation has killed yet another Australian business. Companies are taxed at a flat rate of 30%. It doesn’t stop there, Australian employers after getting whacked with hefty payroll tax must pay the superannuation guarantee, a minimum of 9.5 per cent of their employees’ earnings, into a […]

Rio Tinto Limited (ASX:RIO) Charged With Fraud

Rio Tinto Limited (ASX:RIO) Charged With Fraud

Rio Tinto Limited (ASX:RIO) Charged With Fraud Anglo-Australian mining giant Rio Tinto has been charged with fraud in the US and fined £27.4m in the UK after being accused of overstating the value of African coal assets. The FTSE 100 company and two of its top former executives were charged in the US of hiding […]

Thoroughbred breeding plays a vital role in Australia

Thoroughbred breeding plays a vital role in Australia

Thoroughbred breeding plays a vital role in Australia Thoroughbred breeding plays a vital role in the rural economy and Australian society: that was the message echoed by Federal Government ministers and senior politicians at an event in Canberra last night. Defence Minister Marise Payne and Leader of the Opposition Bill Shorten traded stories of their […]

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights About 1,000 staff have been let go from Westpac over the past two years as a result of technological advancements such as automation; however CEO Brian Hartzer sees a silver lining, telling a House of Representatives committee his bank is also witnessing new jobs being created as a result […]

Rio Tinto plc (ADR) (NYSE:RIO) Disappointing Copper Numbers

Rio Tinto plc (ADR) (NYSE:RIO) Disappointing Copper Numbers

Rio Tinto plc (ADR) (NYSE:RIO) Disappointing Copper Numbers Global miner Rio Tinto on Tuesday said it had lifted its third quarter iron ore shipments by 6 percent after modernizing its haulage railway in Australia’s outback, but cut its production target for copper due to delays at a major mine in Chile. Iron ore shipments totaled […]

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights WOOLWORTHS has finalised its exit from its disastrous Masters hardware venture by completing the sale of its store sites. The supermarket giant said it has completed the sale of Hydrox – the joint venture company it set up with US firm Lowe’s to run Masters – to the privately owned […]

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights A $100 million class action has been filed against Westpac Banking Corporation over claims it overcharged customers for life insurance. Shine Lawyers filed the action in Federal Court yesterday, alleging the bank took advantage of its customers through referrals to Westpac financial planners who would then sign them up […]

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights Woolworths has finalised its exit from its disastrous Masters hardware venture by completing the sale of its store sites. The supermarket giant said it has completed the sale of Hydrox – the joint venture company it set up with US firm Lowe’s to run Masters – to the privately owned […]

Wesfarmers Ltd (ASX:WES) Trading Outlook News

Wesfarmers Ltd (ASX:WES) Trading Outlook News

Wesfarmers Ltd (ASX:WES) Trading Outlook News Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 41.63. The projected upper bound is: 43.04. The projected lower bound is: 41.02. The projected closing price is: 42.03. Wesfarmers Limited is […]

Investing in Thoroughbred Syndications

Investing in Thoroughbred Syndications

Investing in Thoroughbred Syndications Knightsbridge can make your dream of owning a racehorse a reality. Thoroughbred syndication will give you the fantastic opportunity of owning your very own share in a racehorse for a very fair price. If you have a passion for horse racing, you’re not alone. The thrill of watching your own horse […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights The future of BHP Billiton boss ­Andrew Mackenzie has come under ­renewed scrutiny ahead of the miner’s AGMs, as its new chairman looks to further reshape the board. Investors have urged BHP to begin succession planning as Scottish-born Mr Mackenzie approaches his fifth anniversary as chief executive – and […]

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights Last AGM season, the Commonwealth Bank was one of a record number of companies to receive a ‘first strike’ against its remuneration report. What annoyed shareholders was a proposal to move towards ‘soft’ unquantifiable targets for huge bonuses for chief executive Ian Narev. Since that meeting last November, […]

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights WESTPAC have received backlash after encouraging their staff to vote Yes in the same-sex marriage plebiscite through a company wide email, which contained exaggerated information about LGBTI suicide rates in Australia. The email, sent by the bank’s Youth Network to Westpac and St George employees, stated that a Yes […]

Wesfarmers Ltd (ASX:WES) Trading Outlook

Wesfarmers Ltd (ASX:WES) Trading Outlook

Wesfarmers Ltd (ASX:WES) Trading Outlook Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 42.21. The projected lower bound is: 40.18. The projected closing price is: 41.20. Wesfarmers Limited is engaged in various business operations, such as supermarkets, liquor, hotels and convenience […]

Woolworths Limited (ASX:WOW) HEFFX Hightlights

Woolworths Limited (ASX:WOW) HEFFX Hightlights

Woolworths Limited (ASX:WOW) HEFFX Hightlights The consumer watchdog has delayed its final decision on BP’s proposed $1.8 billion acquisition of Woolworths’ 527 retail service station sites. The former proposed decision date of October 26 has been pushed back to November 30 to allow more time for analysis of data and information provided by all parties […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights The world’s largest mining company BHP Billiton said 2017 will be considered a tipping point for electric cars, boosting demand for commodities from copper to nickel. “I think if we look back in a few years we would call 2017 the tipping point of electric vehicles,” Arnoud Balhuizen, head […]

Commonwealth Bank of Australia (ASX:CBA) NZ Chief Executive To Retire

Commonwealth Bank of Australia (ASX:CBA) NZ Chief Executive To Retire

Commonwealth Bank of Australia (ASX:CBA) NZ Chief Executive To Retire The chief executive of the Commonwealth Bank’s New Zealand subsidiary, ASB Bank, will retire at Easter next year. Barbara Chapman has held the role since April 2011. ASB, fully-owned by CBA, is looking for a replacement. Ms Chapman, 57, says being ASB chief executive has […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Fortescue Metals Group, the world’s No.4 iron ore miner, is looking to diversify its business by investing in energy infrastructure and exploring for gold and base metals, the head of the Australian company told Reuters on Wednesday. Chief Executive Neville Power who is due to step down in […]

Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights

Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights

Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights Ericsson and Telstra have announced achieving the encryption of data while in transit over a 100Gbps link between Australia and the United States by using telecommunications equipment and software provider Ciena’s 100Gbps wire-speed ultra-low latency encryption solution. Using optical encryption technology, the companies claimed the ability to secure data […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Fortescue Metals Group chief executive Nev Power will step down in February after seven years in charge of the mining company. The world’s forth-biggest iron ore exporter said Mr Power’s decision was consistent with its long-term succession plan to enter a period of growth in other business opportunities. […]

Wesfarmers Ltd (ASX:WES) HEFFX Highlights

Wesfarmers Ltd (ASX:WES) HEFFX Highlights

Wesfarmers Ltd (ASX:WES) HEFFX Highlights Wesfarmers boss Richard Goyder is going out on a high, taking home a record $12 million pay packet for his final full year at the helm of the retail conglomerate. The bumper pay packet brings the AFL commission chairman’s total remuneration since his appointment as Wesfarmer’s managing director in 2005 […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights Andrew Mackenzie, boss of mining giant BHP Billiton, doubled his take-home pay this year, after the reinstatement of his short-term bonus. Mr Mackenzie earned $4.55m (£3.35m) in the year to June 30, compared with $2.24m the year before, the company’s annual report revealed. The rise was largely because BHP […]

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights All four of Australia’s biggest banks have decided to stop charging customers of other banks a $2 fee to withdraw cash from their ATMs. The Commonwealth Bank was the first to announced early on Sunday the abolition of the fee, citing ongoing consumer unhappiness with it. NAB, ANZ and […]

Fairfax Media Limited (ASX:FXJ) New IPO

Fairfax Media Limited (ASX:FXJ) New IPO

Fairfax Media Limited (ASX:FXJ) New IPO Fairfax Media’s shareholders are set to vote on spinning off its lucrative property advertising division, the Australian publishing giant said Friday. Like its international peers, Fairfax — the owner of major mastheads The Sydney Morning Herald, The Age and The Australian Financial Review — has seen profits hit by […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Fortescue Metals Group, the world’s fourth largest iron ore exporter, said on Friday its chief executive Nev Power would step down in February after seven years in the role. The Australian mining group did not name a successor but said it was confident of finding a replacement for Mr […]

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights Australian bank Westpac has decided the time is right to bring its Distributed System Access service in-house, rather than continue an arrangement that saw it tended by IBM. The Register understands that Distributed System Access (DSA) is the Bank’s authentication infrastructure and is used to manage user accounts, group […]

High-Grade Iron Ore Will Continue to Rally

High-Grade Iron Ore Will Continue to Rally

High-Grade Iron Ore Will Continue to Rally China’s economy has been optimized in both growth and structure guided by the five development concepts of innovation, coordination, greening, opening up and inclusiveness, according to economists. The “Greening” part is driving high-grade Iron Ore prices and will continue to do so in the future. The rapidly increasing […]

Property Bubble Warning for Hong Kong, Sydney, Shanghai

Property Bubble Warning for Hong Kong, Sydney, Shanghai

Property Bubble Warning for Hong Kong, Sydney, Shanghai Hong Kong, Shanghai and Sydney property prices have reached risky levels, says S&P Global Ratings. “Asset prices, especially property prices, today are as stretched as they were before the Asian crisis,” Elena Okorochenko, head of Asia-Pacific ratings, said at a conference in Singapore yesterday. Combined with increased […]

HEFFX to Offer Stock Loans in Asia

HEFFX to Offer Stock Loans in Asia

HEFFX to Offer Stock Loans in Asia A stock loan allows borrowers the flexibility to gain access to the locked up value of their freely traded stock position without having to actually liquidate their position in the open market. The Squadron stock loan program is designed specifically for corporations, its employees, officers and major holders […]

BHP Billiton Limited(ASX:BHP) HEFFX Highlights

BHP Billiton Limited(ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights Australian iron ore producers fell on Monday after the price of the steel making ingredient slipped on Friday. BHP Billiton, Rio Tinto and Foretescue Metals Group were among the worst performers on Australia’s benchmark S&P/ASX 200, after iron ore with 62 per cent iron content for delivery to Qingdao […]

Brambles Ltd (BXB.AX) Soon To Outperform

Brambles Ltd (BXB.AX) Soon To Outperform

Needle moving action has been spotted in Brambles Ltd (BXB.AX) as shares are moving today on volatility -0.11% or $-0.01 from the open. The ASX listed company saw a recent bid of $9.34 and 2640000 shares have traded hands in the session. Market watchers diligently track the companies they think can do well to grow earnings. The goal is typically to discover […]

Woolworths Shares Not Worth Buying

Woolworths Shares Not Worth Buying

Is the Woolworths Limited (ASX: WOW) share price a bargain at $26? To understand and answer that question we need to know the difference between price and value. What are Woolworths shares worth? I run my own valuations on shares. You would need to take into account any growth from its supermarkets, liquor sales, cost-outs and competition. Currently, […]

Rio Tinto Expands Mining Farm

Rio Tinto Expands Mining Farm

Rio Tinto has formally opened its new $US338 million Silvergrass iron ore mine in Western Australia’s Pilbara region. The 10 million tonne per annual operation is the company’s 16th mine and represents the first new iron ore mine in Australia since the opening of Gina Rinehart’s Roy Hill mine. Rio Tinto chief executive Jean-Sebastien Jacques […]

Commonwealth Bank Money Laundering Scheme

Commonwealth Bank Money Laundering Scheme

The Commonwealth Bank has responded to revelations it failed to monitor transactions in the USA, Asia and Europe. An internal review of the bank’s compliance with Australian and global anti-money laundering and counter terrorism laws reportedly showed large-scale failures in transaction monitoring across a multitude of businesses around the world, according to Sky News Business. Sky […]

ASX – $6.1 Million Loss For The Financial Year

ASX – $6.1 Million Loss For The Financial Year

Fractional property investment platform, DomaCom has reported a $6.1 million loss for the financial year ended 30 June. The company, which listed on the Australian Securities Exchange (ASX) in November last year and raised $7.3 million, said the result was still in line with its expectations and reflected its early stage position. At the same […]

Qantas To Cut Costs For Tourism

Qantas To Cut Costs For Tourism

The West Australia government says Qantas’ 12-month trial of discounted airfares for residents in six regional towns is a response to the launch of a parliamentary inquiry. The government hopes it will lead to further cheaper intrastate flights. From November, Qantas will offer a discount of between 10 per cent and 30 per cent for […]

Fortescue Share Price Low

Fortescue Share Price Low

Although the market has bounced back from yesterday’s decline and is up 0.3% in morning trade, the Fortescue Metals Group Limited (ASX: FMG) share price and the Atlas Iron Limited (ASX: AGO) share price have sunk deep into the red. At the time of writing the shares of the two leading iron producers are down 2.5% and 5%, respectively. Why have […]

Rio Tinto Group Negotiating With Freeport

Rio Tinto Group Negotiating With Freeport

US mining giant Freeport McMoRan has signaled it believes a breakthrough agreement allowing it to continue operating a massive gold and copper mine in Indonesia will win the approval of Rio Tinto. Indonesian Energy and Minister Resources Minister Ignasius Jonan said on Tuesday that after “tough negotiations” Freeport had agreed to give up its majority stake […]

Telstra Struggling Business

Telstra Struggling Business

Telstra is expected to start considering the future of its struggling health business as it looks to cover its $3 billion revenue black hole and the forgone benefits of its NBN earnings secularization plan. Telstra has given guidance that a 22c dividend payment is likely in 2018 and Citi analysts forecast that will be made […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton intends to sell its nickel division despite its decision to invest $US43 million in boosting its capacity to meet demand created by the boom in electric vehicles. In revealing that in the long term it will probably sell Nickel West, which operates in Western Australia, BHP is […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Engineering firm WorleyParsons has edged fancied rivals by gaining a foothold in Rio Tinto’s proposed next big iron ore development in the Pilbara. Rio Tinto selected WorleyParsons to provide engineering services to support the feasibility study phase of the $US2.2 billion ($2.8 billion) Koodaideri project. The $31 million study […]

Suncorp Group Ltd (ASX:SUN) Trading Outlook

Suncorp Group Ltd (ASX:SUN) Trading Outlook

Suncorp Group Ltd (ASX:SUN) Trading Outlook SUNCORP FPO closed up 0.090 at 13.070. Volume was 4% below average (neutral) and Bollinger Bands were 62% wider than normal.   Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish Moving Averages:              10-period         50-period                 200-period Close:                                         13.00                 14.17                           13.61 Volatility:                                      29                       29                                23 Volume:                           5,332,984          4,445,677 […]

Wesfarmers Ltd (ASX:WES) Outlook

Wesfarmers Ltd (ASX:WES) Outlook

WESFARMER FPO SE closed down -0.460 at 41.490. Volume was 7% below average (neutral) and Bollinger Bands were 12% wider than normal. Open           High         Low                 Close               Volume___ 41.770       41.900    41.370               41.490               2,130,945 Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bearish Moving Averages:                       10-period              50-period           […]

Arena REIT No 1 (ASX:ARF) Australian Dividend Stock

Arena REIT No 1 (ASX:ARF) Australian Dividend Stock

Arena REIT No 1 (ASX:ARF) Australian Dividend Stock Arena REIT No. 1 (ARF1) is a Trust. The objective of the Trust is to generate and predictable income distributors to investors with earnings growth prospects over the medium to long term. The Company is a part of the Arena REIT Stapled Group.   ARENA REIT STAPL […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Mr Power said Fortescue is “reviewing proposals right now” for solar, and for the extension of the gas and power distribution grids near its operations as it sought to improve efficiency and environmental performance of energy supply for its mines. “They are the three key areas that we […]

Wesfarmers Ltd (ASX:WES) Trading Outlook

Wesfarmers Ltd (ASX:WES) Trading Outlook

Wesfarmers Ltd (ASX:WES) Trading Outlook Wesfarmers Ltd -:FY net profit attributable to members $2.873 billion versus $407 million.FY revenue $68.44 billion versus $65.98 billion.Final dividend 120 cents per share.”Group remains generally optimistic in its outlook”.”Sales and margin pressures in coles are expected to persist”.”Target will progress its transformation plan”.”Within home improvement outlook for BANZ is […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Fortescue Metals Group insists its new, more generous, dividend policy will be dependable despite the inevitable gyrations of the iron ore market. The company on Monday announced it would triple its full year dividend to 45 cents per share (Australian dollars) compared to last year and that it […]

Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights

Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights

Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights Fresh from a share price battering yesterday Telstra Corporation Ltd (ASX: TLS) is now trying to persuade investors that the decision to slash its dividend nearly 30% is the right one for the long-term strength of the business. Back on July 18 Telstra’s chairman softened up the market to […]

BHP Billiton Limited (ADR) (NYSE:BHP) Back on Track

BHP Billiton Limited (ADR) (NYSE:BHP) Back on Track

BHP Billiton Limited (ADR) (NYSE:BHP) Back on Track BHP reported a return to profit Tuesday as strong commodity prices helped it bounce back from a large loss last year, with the mining giant also flagging the sale of its US shale assets. The world’s largest miner recorded an annual net profit of 5.89 billion for […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Rio Tinto has hailed a more productive dialogue with the State Government as the resources industry works to improve its image with regional communities. The mining giant hosted WA Premier Mark McGowan on a tour of its Dampier port facilities this month to highlight the work being done to […]

Wesfarmers Ltd (ASX:WES) HEFFX Highlights

Wesfarmers Ltd (ASX:WES) HEFFX Highlights

Wesfarmers Ltd (ASX:WES) HEFFX Highlights Wesfarmers, the conglomerate that owns Coles and Bunnings, has reported a large increase in profit and boosted its dividend to shareholders by 20 per cent. The retail, mining and industrials conglomerate reported a 606 per cent surge in net profit to $2.87 billion, with the rebound mainly due to massive […]

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights Five customers of the Commonwealth Bank allegedly financed terrorism through six transactions using intelligent deposit machines, according to the financial intelligence agency AUSTRAC. AUSTRAC chief declined to declare confidence CBA was now complying with anti-money laundering laws Westpac, NAB and ANZ given an “all clear” Careful consideration given […]

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights Westpac has opted to suspend potential sale plans for its $10 billion portfolio of car loans for a year while it works to separate the division from the main bank, according to sources. The understanding in the market is that the bank will use the time to put a […]

Wesfarmers Ltd (ASX:WES) HEFFX Highlights

Wesfarmers Ltd (ASX:WES) HEFFX Highlights

Wesfarmers Ltd (ASX:WES) HEFFX Highlights Wesfarmers, the conglomerate that owns Coles and Bunnings, has reported a large increase in profit and boosted its dividend to shareholders by 20 per cent. The retail, mining and industrials conglomerate reported a 606 per cent surge in net profit to $2.87 billion, with the rebound mainly due to massive […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Vito Forte will next month join Edith Cowan University as its chief information officer. Until early 2015, Forte was CIO at Fortescue Metals Group before ending his four-year tenure for a position at Oracle. Prior to his stint at the resources company he was the IT chief at […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton has hit the button on a $2.46bn (£1.9bn) project to expand a giant copper mine in northern Chile, as it looks to feed rising demand for the red metal. The long-awaited plan will extend the life of its Spence mine by 50 years, and comes as investors […]

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights The chief executive of one of Australia’s biggest banks will resign next year, as the lender struggles with accusations that criminals used its cash machines to launder nearly $35 million. Catherine Livingstone, chairwoman of Commonwealth Bank of Australia, said in a news release that Ian Narev, 50, who […]

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights Westpac is expected to put the sale of its Hastings Management business on the backburner after the expected $250 million deal with Charter Hall fell through. Charter Hall said yesterday it had decided not to go ahead with further due diligence on its planned acquisition of the global infrastructure […]

Telstra Corporation Ltd (ASX:TLS) Takes a Beating

Telstra Corporation Ltd (ASX:TLS) Takes a Beating

Telstra Corporation Ltd (ASX:TLS) Takes a Beating Revenue from continuing operations rose 0.4% to $28,205 million Profit from continuing operations grew 1.1% to $3,874 million Telstra’s profit fell 33%, but this is due to profits from the sale of Autohome in 2016 that were not repeated this year. Telstra maintained its dividend at 31 cents […]

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights A SYDNEY woman who won $151,000 in compensation from Woolworths after slipping on a grape has lost her case on appeal. Colleen McQuillan successfully sued the supermarket last year over injuries she sustained from slipping on a grape — “colour unknown” — in the fruit and vegetable section at the […]

1 2 3 8