It's a horrid day - we are down 148 - after Wall Street lost nearly 300 points and the NAB announced a higher than expected provision. The announcement has sent Financials down 5.5% and the Property...
Australasian Investment Review. -
Friday July 25, 11:21 AM
A major dilemma is taking shape for BHP Billiton as two vital, major copper expansion projects compete for the board's attention Both are important to the long term viability of existing...
Australasian Investment Review. -
Friday July 25, 10:55 AM
So far we've only seen some scattered June 30 reports: a couple of filings from investment companies associated with Goldman Sachs JBWere, some tiddler industrials and yesterday's annual report...
Australasian Investment Review. -
Friday July 25, 10:09 AM
Superficially the Australian and New Zealand economies are in a similar position. On the one hand, inflation hits a 13 year high of 4.5% in Australia in the year to June, and the Reserve Bank...
Australasian Investment Review. -
Friday July 25, 10:07 AM
World gold prices took a pounding this week, especially Wednesday night and the $US25 an ounce drop had the expected impact on the shares of the country's biggest gold miner, Newcrest Mining...
Australasian Investment Review. -
Friday July 25, 08:03 AM
Our market is a little sleepy today - down 4. The SFE Futures suggested a 12 point rise in the market this morning. The switch out of resources into financials is continuing but without much...
Australasian Investment Review. -
Thursday July 24, 12:09 PM
Yes inflation remains a problem in Australia, and no it won't mean higher interest rates, not when the banks have added more than half a per cent to the Reserve Bank's 1% of increases in the past...
Australasian Investment Review. -
Thursday July 24, 10:21 AM
It was an excellent final quarter and full 12 month production report from BHP Billiton: records for many of its commodities, especially the important iron ore business. In fact it matched nicely...
Australasian Investment Review. -
Thursday July 24, 10:16 AM
Macquarie Group is still standing nearly a year into the credit crunch and despite repeated assertions that it would be the first cab off the rank among Australian financials to tumble over. Its...
Australasian Investment Review. -
Thursday July 24, 10:11 AM
So will the board of retailer, Just Group, toss in the towel and accept the sweetened "final" offer from Solomon Lew's Premier Investments? Premier increased the cash component of its...
Australasian Investment Review. -
Thursday July 24, 10:10 AM
So what drove inflation higher? Well, there were the obvious candidates: petrol, housing and rents and the spillover of the interest rate rises. Fuel costs were the most obvious and the ABS said...
Australasian Investment Review. -
Thursday July 24, 10:06 AM
Our market is doing well today - up 80 - that compares to the 34 point rise the SFE Futures predicted this morning and the 135 point bounce on Wall Street overnight. It's tale of two sectors today,...
Australasian Investment Review. -
Wednesday July 23, 11:47 AM
The US second quarter reporting season is now delivering bad news in increasing quantities, forcing the usually optimistic and sunny American investors to take stock of what lies ahead for them...
Australasian Investment Review. -
Wednesday July 23, 10:49 AM
First there was retailing, now car sales are down, housing is slumping and credit card transactions are slowing, but still showing some growth. It's a picture of falling activity in key consumer...
Australasian Investment Review. -
Wednesday July 23, 10:48 AM
Property investor Mirvac Group has confirmed that the next 18 months at least are going to be miserable for its shareholders. The company, which revealed plans to restructure distributions and a...
Australasian Investment Review. -
Wednesday July 23, 10:46 AM