Former financial advisor with 17 offences
On 13 May 2022, Mr Ashley Grant Howard, of Hobart, Tasmania, appeared in the Newcastle Local Court via his legal representative, charged with 17 offences under the NSW Crimes Act. It is alleged Mr Howard used 17 false transfer forms to arrange for shares in GPS Alliance Holdings Limited, BHP Billiton Limited and Aquarius Platinum…
China’s economy expected to recover gradually
BEIJING – China’s economy is expected to recover gradually as the country achieves major anti-epidemic outcomes and pro-growth policies take effects, Fu Linghui, spokesperson for the National Bureau of Statistics, said Monday. The country’s economy took a hit from the domestic resurgence of COVID-19 cases in April, but the impacts are “short-lived and external,” Fu…
China’s property investment down 2.7%
BEIJING – China’s investment in property development went down 2.7 percent year on year in the first four months of 2022, data from the National Bureau of Statistics showed Monday. Originally published by Xinhua
CommSec morning report Monday May 16
Latest news In US economic data, import prices were flat in April (survey: +0.6%), but were up 12% on a year ago (survey: +12.3%). Export prices rose by 0.6% in April to be up by 18% on a year ago (survey: +19.2%). The University of Michigan consumer sentiment index fell from 65.2 to a near…
Tiny houses can help ease rental affordability
Rental housing in Australia is less affordable than ever before. It is no exaggeration to call the situation a crisis, with vacancy rates at record lows. But there are some relatively simple, easy-to-implement and cost-effective things that can be done to ease rental affordability pressures. These include relaxing planning restrictions on small and non-traditional houses,…
The 4 economic election wildcards
There are four economic wildcards between now and the election, and we know exactly when each will be played. The first is this Wednesday at 11.30am eastern time, when we get the official update on inflation. We’re likely to see a figure so large it will take many of us back to the 1990s, to…
The great recalibration continues
Fixed income has cheapened dramatically, however with uncertainty elevated we expect additional risk premia to be built in before bonds become really appealing. As a result, we’re continuing to run cautious portfolio positions, monitoring (elusive as yet) signs of stability. Recalibration continues The dramatic recalibration of expectations regarding the future level of interest rates continues….
Investment in water conservancy up 45.5%
BEIJING – China’s investment in water conservancy facilities totaled 195.8 billion yuan (about 29 billion U.S. dollars) in the first four months of 2022, jumping 45.5 percent year on year, data from the Ministry of Water Resources showed on Thursday. According to the ministry’s targets, construction on a total of 30 new major water conservancy…
Why get your advice from a licensed financial adviser?
Use a licensed financial adviser Help protect yourself if something goes wrong Check the Financial Advisers Register Speaking with Raf Epstein on ABC Melbourne, ASIC Chief Operating Officer Warren Day recalled the first piece of ‘financial advice’ he ever received was from his Mum – to open a bank account. When he progressed to shares,…
Automaker Chery posts strong NEV sales
HEFEI – Chinese automaker Chery Holding Group Co., Ltd. reported strong new energy vehicle (NEV) sales in the first four months of this year, said the company. Chery sold 68,587 NEVs in the January-April period, up 168.5 percent year on year. In April alone, NEV sales surged by 81.2 percent year on year to 15,533…
