Minerals Resources profits surged in the first half of 2023, propelled by record lithium
Australian Economy News: Updates and Insights on Australia's Economic Landscape
When most people think about the ‘Australian Economy’, the first thing that’ll often come to mind is mining and banking. Two industries that dominate our total productive output both locally and abroad.
It is, however, a little more intricate than that...
Australia is a prime exporter of many commodities. Many of which are mined, but some of which aren't. And while iron ore has certainly been our forte for a number of years now, we have quite the unique mix of materials across our vast country.
Medibank [ASX:MPL] Profits Rise as Students Return to Australia
Shares for Medibank were rising more than 5% on underlying net profit, increasing 6.7% better than market consensus.
Shares Surge for Qube Holdings’ [ASX:QUB] Doubling Profits
Qube was flying high on the ASX today, shareholders boosting its stock value more than 11% as the company reports double the profits made the same time in the prior year.
Why the Fed Mutiny Is a Warning for All Investors
Fed minutes rattle US markets overnight…why the divergence between what Powell says and what the board is trying to do could be a problem…how bureaucratic red tape is getting in the way of the US economy…and why gold may be the best place to be for the time being…
WiseTech [ASX:WTC] Shares Rise on ‘Strong Growth and Margin Expansion’
Shares for WiseTech were rising more than 4% for the group’s latest financial results, a strong first half for FY23.
Oz Minerals [ASX:OZL] Flags Lower Profit on Weak Sales and Copper Price
OZL posts a $175 million revenue deficit to last year, blaming less sales and lower copper prices.





