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BHP has been the most talked-about company in recent weeks, for both good and bad reasons. Investors had to first digest the massive merger deal with Woodside Petroleum. Then it was the the decision to delist from the London Stock Exchange and bring the listing home to the ASX. The highlight, no doubt, was the…

The Telstra Corporation Ltd (ASX: TLS) share price could be a buy again after many years of hurting. For years I haven’t been a fan of Telstra because of its profit declines, the NBN switch over and strong competition in the mobile space. But things are starting to look up for Telstra shareholders. A return to profit…

‘Easy come, easy go’. As the saying goes. The same can be said for the price of iron ore, all the way back under US$100 a tonne. But we knew this was going to happen, along with wine and wheat, lobsters and logs, beef, barley and coal. Deals all gone. It’s Beijing punishing us for…

Market fights back, APA bids for AusNet, iron ore stems the flow The S&P/ASX200 (ASX: XJO) looked to be moving into correction territory this morning, opening broadly lower and continuing the weak global trend. The market fell as much as 0.3% before finishing the same amount higher. Concern continues to grow about the outlook for the global economy but…

Correction continues, iron ore futures hit US$90, Ausnet takeover The S&P/ASX200 (ASX: XJO) suffered its worst day since February falling 2.1% on the back of ongoing weakness in the commodity sector. The market hit its lowest point in three months with just ten stocks out of two hundred finishing in the positive, including Boral (ASX: BLD) which added 0.3%….

Weekly Insights, 13-17 September 2021. Economics here and abroad… Australia After being the hottest sector for most of the year, the materials and mining companies continue to drag the market lower. On Friday it was all about iron ore with a 6 per cent fall in the iron ore price overnight sending Fortescue (ASX:FMG) 11…

ASX flat despite iron ore falls, IRESS deal pulled, AMP’s new low The S&P/ASX200 fell 0.8% on Friday erasing the week’s gains and ultimately leaving the index down three points for the week. After being the hottest sector for most of the year, the materials and mining companies continue to drag the market lower. On Friday it was all about iron ore with…

ASX rally continues, unemployment falls, Wesfarmer’s acquisition proceeding The S&P/ASX200 (ASX: XJO) rallied another 0.6% with every industry sector gaining. The standout once again was the energy sector, which added 1.3% behind Woodside (ASX:WPL) which finished 2.5% higher after another 3% jump in the oil price. Each of the financials and healthcare sectors also added 1.0% with the Commonwealth Bank (ASX: CBA) once again…

ASX falls, AGL hits record low, IRESS deal slowed, Pilbara hits record The S&P/ASX200 (ASX: XJO) dropped another 0.3% on Wednesday as the rally in the energy sector reverse, dropping 2.2%. The key driver was an announcement that OPEC+ expects the oil market to balance earlier than expected. Every major company fell with Santos (ASX: STO) and BHP (ASX: BHP) both falling 3.5%….

With reporting season over, Ausbil have released a reporting season wrap up highlighting the main developments that advisors can pass onto their clients during client meetings and take into consideration when position portfolios for the year ahead. Even though most of Australia was stuck in pandemic forced lockdowns, the FY21 reporting season demonstrated just how…

Wesfarmers Ltd (ASX: WES) is one of the best ASX blue chip shares around in my opinion. It’s one of the oldest businesses on the ASX and I think it still has plenty of growth potential for the long-term. These are the reasons why I really like it: Strength of businesses The portfolio of businesses that…

A deep dive into Australia’s housing sector has shown it to be a resilient and robust market that has defied all pandemic doomsday predictions to bounce back with record sales supported by desperate first home buyers and packed investors, all fearful of missing the boat. Housing remains our largest financial asset and according to Yarra…