Analysis & Opinion

Climate financing moves into the mainstream

Green finance is a rapidly growing market. Almost US$400 billion of green, sustainability and social bonds were issued in 2019. The great majority were certified green bonds – and sales were up by 53 per cent. Almost US$31 trillion of funds worldwide (encompassing a range of asset types) were held in sustainable or green investments…

How to phase out coal while maintaining energy security

The end of coal-fired generation in Australia is inevitable. Zero marginal cost, zero emissions energy is now a reality. Wind and solar are cheaper sources of new electricity than coal in most cases, putting significant pressure on the profitability of the inflexible, ageing coal generators. The only questions are when coal-fired power stations will close…

The national electricity market is on its way out

It has been more than 20 years in the making, but there is now a new order in Australia’s grandest (and most problematic) example of cooperative federalism: the National Electricity Market. Not completely national (it excludes Western Australia and the Northern Territory), it links most towns east of Port Lincoln and south of Port Douglas…

18 Share Tips – 21 December 2020

Samuel Crompton, Shaw and Partners BUY RECOMMENDATIONS Amaero International (3DA) The company makes large format, complex components in metal with laser-based additive manufacturing processes for the defence, aerospace and automotive sectors. Amaero works with several of the world’s leading manufacturers of aerospace and defence products, delivering design, prototype and manufacturing capability. We expect 2021 to…

Junior Iron Ore Miners Ramping Up

Remember the death of the mining boom? A few days ago in an interview with news.com.au, a Deloitte economist made the following observation: “Iron ore prices are close to the peak prices we saw during the mining boom, which is remarkable considering economic conditions and the fact that China’s economy is not as strong as…

Negative interest rates explained

A week ahead of Thursday’s budget update, it finally happened. Instead of the government paying to borrow in a way that would add to the burden on the budget (as has happened since time immemorial) it actually got paid to borrow. Think about that. Investors with millions of dollars to lend went to the Australian…

18 Share Tips – 14 December 2020

Michael Gable, Fairmont Equities BUY RECOMMENDATIONS Beach Energy (BPT) We remain optimistic about the crude oil price, which paints a bright outlook for this oil and gas producer. The share price chart also looks most bullish and recent momentum suggests the price has much further to climb. The shares have risen from $1.15 on November…

ASX Uranium Stocks to Watch

On 11 March of 2011, an earthquake and subsequent tsunami struck Japan with the Fukushima nuclear power generation plant in its wake. The damage caused by the event led to the worst global nuclear accident since the disaster at Chernobyl in 1986. The incident also dashed the hopes for expanded use of nuclear power in…

Bitcoin: 3 reasons why this rebound is different

Bitcoin is back. Three years after the bubble that inflated its value from US$5,000 to US$20,000 in less than three months burst in spectacular fashion, plunging more than 80%, the cryptocurrency is again on the verge of a record high. In recent days it has been trading above US$19,000, up from US$10,000 in October and…

Outlook 2021: Seizing the new reality

If you are reading this, then you’ve lived through one of the most volatile periods in market history. The year to come may prove to be as uncertain as the one just gone, but we believe the main themes discussed in this outlook will be the ones to drive the new reality – and the market response to…