Agriculture company GrainCorp [ASX:GNC] upgraded its earnings guidance on Wednesday. As a result, GrainCorp’s shares spiked over 5%. Year-to-date, however, GNC shares have been flat. GrainCorp, after hitting a 52-week high of $10.86 in May, is currently trading at around $8 a share: Source: www.tradingview.com GrainCorp’s FY22 earnings upgrade GrainCorp has upgraded its earnings guidance […]
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.
REA Group [ASX:REA] Shares Rise on FY22 Results
REA Group [ASX:REA] climbed 5% in afternoon trade after releasing its FY22 results on Tuesday. Despite today’s rise, REA shares are down 20% year-to-date. Source: www.tradingview.com REA FY22 results This morning, the real estate advertiser released its full-year results for the year ended June 30, 2022, with revenue up 26% and core Australian revenue up […]
Aurizon [ASX:AZJ] Falls on 2022 Full-Year Results
Aurizon Holdings [ASX:AZJ] fell on Monday after releasing its FY22 results. The Australian freight rail transport company, the largest transporter of coal since 2015, is down 4% over the past 12 months. Source: www.tradingview.com Aurizon’s 2022 financials This morning, Aurizon provided its financial performance results for the full year of 2022 ending 30 June. These […]
Stocks Haven’t Bottomed — the RBA Will Keep Raising Rates
It’s hard to believe but the tech-heavy Nasdaq is close to bull market territory. As research firm Bespoke pointed out last week, the index is up 19% from its closing low on 16 June. Our own S&P/ASX 200 is up 9% since a closing low on 20 June. And the S&P/ASX 200 Information Technology Index […]
If El Salvador Is the next Sri Lanka, Then Who’s after That?
If we’re headed into another debt crisis and severe global recession, then the chickens of ill-conceived central banker and government policies will come home to roost.
Why Einstein Would Sack the Bankers
r current system of money has been disproven many times over. It’s only a matter of time before people realise it must change.
