Category: News

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News

Meta, Twitter budget cuts and hiring freezes indicate economic downturn

Elon Musk is a walking headline right now. After his well-publicised US $44 billion purchase of Twitter in October, Musk has been on a rampage. 

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Why it might just pay to educate yourself on this ‘misunderstood’ sector

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In June, Luke Winchester, from Merewether Capital, selected Kip McGrath Education Centres as a favourite stock in a sector he said is…

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Govt moves to thwart cyber criminals as MPL drops $1.75 billion

The hackers are getting smarter. Or maybe big companies have dropped the ball on cyber security measures. More likely it is a combination of both.

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Note from the MD: Market spikes after positive U.S. inflation

The markets hit a fresh five-month high on Monday morning, with the ASX 200 spiking last Thursday after better-than-expected US inflation data. This follows three straight weeks of gains in a resurgence of sorts for the embattled Aussie index. On Tuesday, the ASX 200 finished marginally lower.

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Gold Industry Review

Reach Markets have written a comprehensive Gold Review that gathers together three resource-focused fund managers, a gold miner and a research company to provide answers to crucial questions about the precious metal that need to be investigated.

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Fighting-fit Aussie fitness industry invites fintechs into its corner

The health and fitness industry has become a behemoth that is showing no sign of slowing down, with reports from 2020 noting that Australians were spending an estimated $8.5 billion on fitness services and equipment annually and the fitness industry alone contributing $3 billion to the Australian economy.

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Beacon of hope: Two more lives saved by Aussie company’s tech

Dreamtime Beach, a ‘hidden gem’ in northern NSW, quickly turned into a nightmare situation for two swimmers and their onshore party last week when it became clear the pair were drowning.

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Copper load of this: 400 megatonne resource target identified

Aussie explorer Far East Gold has completed a 21-line kilometre MIMDAS survey of the Mount Clark West copper/gold project – a 1,912-hectare tenement sharing a geological boundary with the highly prospective Connors Arc in Queensland.

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Sweet truth: Global demand for confectionery is up and growing

Interest rate hikes, rising inflation, a possible recession: there’s a lot going on in the world right now. So which dessert food are stressed-out consumers turning to for comfort?

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Note from the MD: Market makes cautious gains as economic data looms

It’s been a cautious week for markets, ahead of key economic data, with slow gains made overnight. The ASX 200 edged up 0.4% higher, closing at 6958.9 points, its third straight day of growth.

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Punting on plastics: Acquisition spree amid decarbonisation drive

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In May, Benjamin Harrison, from Altor Capital Management, selected plastics company Close the Loop as a favourite stock from one of his…

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SMEs are turning to alternatives for lending facilities

Small and medium enterprises (SMEs) keep Australia’s economy ticking. Not only do SMEs make up the majority of Australian businesses, they also contribute over half of Australia’s national GDP.

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