Private hospital and healthcare company, Ramsay Health Care [ASX:RHC], saw trading conditions improve in 1Q23, ‘reflecting the decline in COVID cases in the community.’
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.
Market Surge Puts Looming Materials Shortage into Focus
In today’s Money Morning, US stocks roared to life overnight as inflation finally begins to cool. Could this be the end of the bear market, or merely a bull trap? Investors need to start looking toward the next macro trend in commodities. Also, copper shortfalls could lead the way for rising materials costs…
Whitehaven Coal [ASX:WHC] Falls on Lowered Production Guidance
Flooding has hampered production at Whitehaven Coal [ASX:WHC] open-cut mines, forcing the coal producer to lower its FY23 guidance.
Redrawing the Lines
In today’s Money Morning, a family favourite board game has taught us about the economic implications of resource scarcity. We’re seeing this right now in the commodity space as much of the world pushes towards an energy transition. Demand is skyrocketing, and Australia is well-placed to be a top supplier. That means there’s a huge investment opportunity in this space for Aussie investors…
James Hardie [ASX:JHX] Shares Sink on FY23 Guidance Downgrade
Building products company James Hardie Industries [ASX:JHX] has downgraded its FY23 guidance and scrapped its dividend in a half-year trading update.
CSR [ASX:CSR] Rises on Solid 1H22
Building products supplier CSR Ltd [ASX:CSR] reported a 27% increase in after tax net profit for the 2022 financial half, totalling $110 million.





