Category: News

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Aussie tech biz disrupting a $1.7 trillion industry cracks $52.3 million revenue

Strong financial performance in the face of last year’s sweeping coronavirus lockdowns has given Traffic Technologies (ASX: TTI) the confidence it needs to proceed with its bold growth strategy.

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Parcel delivery locker market tipped to boom as e-commerce surges

The global market for postal delivery lockers is expected to climb more than 140% in the next seven years as businesses and shoppers look for better ways to send and receive packages.

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Nickel Mines’ MD brings junior gold and copper explorer to ASX

Gold prices have dropped back below US$1800 after US President Joe Biden confirmed Jerome Powell will continue as chair of the Federal Reserve.

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Would you like lies with that? Burger joint changes product names to dupe employers

Workers returning to their offices are treating themselves to business lunches with colleagues, and one restaurant has developed an ingenious way to shift those costs back to employers.

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Revealed: Which industries deliver the best growth – and which don’t

The Australian Bureau of Statistics has published a comprehensive breakdown of gross state product, offering a glimpse into which industries delivered the best economic growth last financial year.

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Rentals for dentals: Healthcare business takes root and grows through lockdowns

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In January, Joel Fleming, from Yarra Capital, selected Pacific Smiles Group as one of his three favourite stocks amid a period of…

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Note from the MD: Tech sector proves resilient as markets suffer broad-based losses

It was a sea of red on the ASX yesterday. The benchmark ASX 200 index ended its two-day rally with a 49-point (0.7%) drop to close out the session at 7420.

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Traffic Technologies wins $5.7 million contract with equipment rental giant Coates

Traffic Technologies has secured a multimillion-dollar contract with Australia’s largest equipment rental outfit, Coates.

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Tougher market conditions make this year a stockpicker’s market: Andrew Chapman

Last financial year was a prime example of a rising tide floating all boats, but Merchant Group founder Andrew Chapman warns inclement conditions this year could see many ships running aground.

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Investors ‘beginning to appreciate’ scale of biotech market opportunity

Biotechnology companies have emerged from the COVID pandemic in “healthy if not robust” shape and investors are taking notice, says Prescient Therapeutics chair Steven Engle.

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RBA Governor rejects market speculation of 2022 rate hike

Reserve Bank of Australia Governor Philip Lowe has shot down claims a rate hike could happen next year, saying it is “plausible” the cash rate will not move before 2024.

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Uniti Group speeds up growth to challenge NBN monopoly

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. Ed Prendergast, from Pengana Capital Group, selected Uniti Group as one of his three favourite stocks as the company moves from acquisitions…

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