Reflecting on US markets and the year ahead
I have mixed memories of my first Thanksgiving, soon after I went to study in Massachusetts in 1985. Kindly invited to a friend’s family celebration, I was driving my clapped-out Chevy station wagon (1971, beige, $200) through a snowstorm when one of the back wheels quite literally fell off. I was grateful, I suppose, that…
It’s time to add climate change to the RBA’s top 3 economic goals
Increasingly, climate change is at the centre of government decision-making. This year’s federal budget devoted pages to an examination of the fiscal impact of climate change; Treasury has established a climate change modelling unit; and it’ll be front and centre of next year’s intergenerational report. Yet it is still nowhere near the centre of the…
3 resilient stocks with pricing power
Perpetual Asset Management Australia’s team of analysts have spent much of 2022 running the rule over those ASX-listed companies that are likely to outperform in a higher inflation and interest rate environment. However, with volatility set to continue, we asked them to name three resilient stocks they think will likely withstand changes in the market…
Evening markets report Fri 25 November
The local sharemarket rose – albeit on light trading – for the fourth straight day, after the ASX 200 finished with a gain of 0.24 per cent or 17.4 points to 7259.5. 9 sectors (of 11) and 56 per cent of stocks in the ASX 200 gained ground. The Big 4 banks improved on average…
$200 million Collie Industrial Transition Fund now open
McGowan Government’s $200 million Collie Industrial Transition Fund now open to bring new and emerging industries to Collie Collie Industrial Transition Fund to drive local, long-term employment for Collie’s highly skilled, transitioning workforce Funding forms part of the $547.4 million Collie Just Transition Plan Collie’s transition has taken another major step forward today, with a…
Booming audio industry spices up life
As Chinese people’s quest for spiritual nourishment and diverse lifestyles continues and expands, so the audio industry is booming with more and more users engaging not just as listeners, but also as creators. Li Ruo, one of 690 million audio users in China in 2022 — as estimated by research firm iiMedia Research — is…
China’s NEV exports rise on supply chain strengths
A container train loaded with 93 new-energy vehicles (NEV) pulled into the Ningbo-Zhoushan port in east China’s Zhejiang Province on Thursday. The event completed the assembly of a batch of 402 NEVs to be sent to Europe via container ship, marking the launch of a new time-saving passage for China’s NEV exports. For the vehicle…
New laboratory to support new era of Earth sciences
Geoscience Australia has officially opened its new modern laboratory facilities, further strengthening the Government’s long-standing commitment to the sustainable development of Australia’s resources and a low emissions future. Minister for Resources and Northern Australia Madeleine King opened the new laboratory today, marking a new era for Australia’s Earth sciences. “It’s really inspiring to see where…
Supermarkets to cooperate in Soft Plastics Taskforce
Major supermarket retailers will form part of a Soft Plastics Taskforce to explore solutions to address the immediate effects of REDcycle suspending its return-to-store soft plastics recovery program, following a conditional ACCC interim authorisation. Coles, Woolworths and ALDI lodged an urgent application for interim authorisation last week. “We have moved quickly to approve the interim…
New program connecting international students to jobs
A new Australian-first program will help address shortages in the labour market by connecting international students directly with NSW employers across the nation’s largest and most diverse state economy. Minister for Enterprise, Investment and Trade Alister Henskens said the NSW Government through Study NSW is partnering with leading employment marketplace SEEK to deliver NSW Jobs Connect…
