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Insurance Australia Group Limited (ASX: IAG) shares have fallen out of favour over the years. Its FY21 results may not help the situation. IAG is the largest general insurance company in Australia and New Zealand. It sells insurance under many leading brands like NRMA Insurance, RACV and CGU Insurance. Some of its key competitors include QBE Insurance…

The evolution of the listed funds market, dating back nearly 100 years in Australia, turned into a revolution over the past two years. The current discounts represent a buying opportunity. Felicity Thomas, senior private wealth adviser at Shaw and Partners, told an investor webinar last week (August 5) that the discount opportunity for “good-quality” listed…

More records on climate change opportunity, James Hardie sees renovation boom It was another banner day for the sharemarket with the ASX200 (ASX: XJO) adding another 0.3% driven higher by an incredible rally in the lithium or ‘green energy’ sector. Whilst the materials sector was down 0.1% for the day, the likes of Pilbara (ASX: PLS) and Orocobre (ASX: ORE) were…

No records today, Suncorp smashes expectations, Transurban’s problem tunnel It was a flat day for the market despite a strong positive start, with the S&P/ASX 200 (ASX: XJO) giving up its initial 0.5% gain slowly throughout the afternoon. The majority of sectors were lower, or more broadly flat, with the financials sector the only real positive contributor…

Economics here and abroad… Australia The S&P/ASX 200 Index closed the week up 23 points to 7,526 points. Results season enters its second week, while economists worry that lockdowns the country’s two largest cities may diffuse supply chains and put the Australia back into recession. The market is toppy and in bubble territory, but company…

We are in a lithium boom with miners across the world trying to secure new lithium supply, as the world starts its mooted move away from fossil fuels and to renewable-energy batteries – of which lithium is a necessary component. Australia’s two biggest miners, Orocobre (ASX: ORE) and Galaxy Resources (ASX: GXY) are in the throes of…

The market has become a little obsessed with a relatively new phenomenon called “meme” stocks. They are companies whose share prices  have risen exponentially on the back of bulletin type board social forums like Reddit and Twitter. Not by any fundamental means. By spruiking the company’s story and letting its users know that the story…

Tech powers record week, iron ore price tumbles, records everywhere The ASX 200 (ASX: XJO) overcame another 8% fall in the iron ore price to deliver a 0.4% gain on Friday, ultimately taking the weekly increase to 2%. Afterpay Ltd (ASX: APT) capped off an incredible week with another 5.5% gain, but it was all about News Corporation (ASX: NWS) which jumped…

Another record, another lockdown, Nick Scali, Pinnacle dominates The ASX 200 (ASX: XJO) managed to eke out another consecutive record finish, despite adding just 8 points and finishing 0.1% higher. It continues a positive start to the month, driven by seven of the eleven key sectors finishing higher. This comes despite Victoria entering its sixth lockdown, another seven day…

ASX hits 7,500, Wesfarmers’ record high, mining continues to bounce The ASX 200 (ASX: XJO) continued its strong recent run with the mining sector once again taking the mantle back from technology, jumping 1.2% behind another record from BHP Group Ltd (ASX: BHP) which jumped 2.1%. This marks another record high with the benchmark closing above 7,500 points for…

“‘Green Super’ could halve Australia’s entire household carbon footprint,” is the message Australian Ethical (ASX:AEF) and federal MP Zali Steggall OAM are trying to push across to Australians. New calculations conducted by the fund manager contend that Australians have an “unprecedented opportunity to address climate change” through their super savings. For example, the average Australian…

Why I took a bite of Apple Let’s start with a full disclosure: I own Apple (NASDAQ: AAPL) stock. I’ve owned it for years. It’s my largest global stock position – and number-two overall. It’s also the first company I formally recommended to members of our Rask Invest stock picking service. (Side note: Why is it not my largest…