Now is the time to myth-bust investment truisms
For pretty much all of my working life, we have been able to hold onto a handful of truisms about investment. Expressions like ‘time in the market not timing the market’ become investment adages because their truth endures through the ups and downs of the cycle. But sometimes, as Jim Callaghan noted about politics in…
Sustainable investing is likely to drive long-term returns
“Expert” investors are more likely to believe that investing sustainably is key to driving long-term returns compared with their peers who rate themselves as less knowledgeable, research by Schroders has found. The finding is from Schroders’ Global Investor Study 2022, the bellwether annual survey which highlights trends based on the answers and opinions of more…
The impacts of deforestation on investors
Just as humans have towns and cities, the living world has forests. They are nature’s melting pot – home to countless forms of animal and plant life. What’s more, they play a critical role in stabilising our climate. Trees, plants, and bushes absorb carbon dioxide, sunlight and water, then convert the water into oxygen and…
Evening markets report Friday
A weak lead from Wall Street dampened local investor sentiment and weighed on the ASX 200, which declined by 0.8 per cent or 54.7 points, to 6762.8. Ten (of 11) sectors and roughly 78 per cent of stocks in the ASX 200 finished in negative territory. Energy stocks like Woodside (WDS), Beach Energy (BPT) &…
Backing Manufacturers To Lead Low Carbon Future
Businesses are being supported to upskill and capitalise on opportunities to manufacture low carbon products, thanks to the Andrews Labor Government. Minister for Industry Support and Recovery Ben Carroll today announced applications are now open for the Low Carbon Manufacturing Grant Program – a Labor Government investment of around $7 millionto help Victoria meet exponential demand for…
The October Effect. Does it exist?
History shows that many market crashes and ‘black swan’ events have occurred in the month of October. But despite its notoriety, data from 1970 shows that October is actually not a ‘bad’ month for shares. What is the October Effect? The ‘October Effect’ is a belief that sharemarkets are more likely to post declines in…
$10 million to tackle the big challenges
From solar-powered Wi-Fi to turning plastic waste into 3D printing material, new and innovative ways to tackle the State’s most complex challenges will receive $10 million in NSW Government support. Minister for Science, Innovation and Technology Alister Henskens said 10 projects will receive funding through the Small Business Innovation and Research (SBIR) program to enable…
New rules to boost agritourism
More farmers across NSW will soon be swinging their gates open to visitors, thanks to a new policy that makes it easier to set up agritourism opportunities. Deputy Premier and Minister for Regional NSW Paul Toole today released the Government’s final agritourism policy aimed at helping diversified farm businesses thrive. “We’re making it cheaper and…
China tax and fee incentives a strong boost to economy
China has ramped up its tax and fee incentives and supporting policies to enterprises, a move that has not only offered a “timely rain” to companies in financial drought but also served as a shot in the arm for the economy. Official data from the State Taxation Administration showed that China’s tax refunds as well…
ASIC cancels AFS licence of CMH Financial Group Pty Ltd
ASIC has cancelled the Australian financial services (AFS) licence of CMH Financial Group Pty Ltd (CMHFG). The licence was cancelled because CMHFG failed to maintain external dispute resolution membership with the Australian Financial Complaints Authority (AFCA). Further, CMHFG failed to lodge its profit and loss statements and balance sheets for the financial years ended 30…
