Australia’s Superannuation Guarantee Set to Rise
Superannuations in Australia are about to shift significantly, with the Superannuation Guarantee (SG) rate set to reach 12% on July 1, 2025. This final step in a phased increase, which began over a decade ago, promises to reshape retirement savings for Australian workers and ripple through the nation’s financial markets. For employees, the primary benefit…
TechOne Shares (TNE) Impressive Rally Back on Track
TechnologyOne (ASX:TNE) has established itself as one of Australia’s premier Software-as-a-Service (SaaS) businesses, consistently delivering solid growth and profitability. The TechOne share price has added a further 1.98% today, moving back in sight of highs ($42.88) at $41.15 after a mightily impressive rally that has now extended to 124.5% over the past 12 months. But…
ASX 200 Materials Index (XMJ) Leads Markets Lower as Miners Stutter
The S&P/ASX 200 Materials Index (INDEXASX: XMJ) lead Aussie markets lower today, closing at 16,014.80 points, for a loss of 1.56%. Downward pressure on the sector led the ASX to close 0.12% down on the day and reflects a complex interplay of global economic factors, commodity price volatility, and sector-specific headwinds. The XMJ index, a crucial…
CSL Shares (ASX: CSL) Under Pressure Looking For Support
CSL Limited shares (ASX:CSL) have shown considerable chop in recent years, with the last five years of price action highlighting a market that is uncertain about which direction to take. The company, a stalwart of the ASX and a global leader in biotechnology, finds itself trading at A$239.29 per share, moving closer to the 52wk…
Telstra Group Shares (TLS) Hit Multi-Year High – What Next?
Telstra Group Limited (ASX:TLS) has broken through to a new 52-week high, reaching A$4.91 during intraday trading before settling slightly lower at A$4.88 into the close. This milestone marks a significant achievement for the telecommunications giant, with gains of 21% YTD, and 37.46% in 12 months painting a picture of outperformance. But what’s driving the…
Earnings and Dividends This Week – 16th June 2025
In this article we take a look at the upcoming dividends and earnings to watch out for on the ASX this week. Upcoming Earnings The earnings seasons in Australia is hibernating, with not a single company reporting earnings results this week. Upcoming Dividends There is only one company going ex-dividend this week, so those…
52 Week Lows This Week – 16th June 2025
Stocks hitting 52 week lows and 52 week highs are closely watched by investors looking for value and high growth respectively. Bargain hunters look for profitable companies hitting 52 week lows, whereas stocks hitting 52 week highs provide fertile ground for growth seeking investors. Here are the stocks hitting 52 week lows and 52 week highs this…
Market Outlook This Week – 16th June 2025
We take a look back at the key events from last week, check the market outlook for this week and list the key economic events, data releases and IPOs to look for. The ASX 200 was closed on Monday June 9th, opening the trading week on the 10th. The market hit an all-time…
Uranium Shares Gain As Deep Yellow Leads (DYL, BOE, PDN)
Australian uranium shares experienced a significant rally today, with Deep Yellow Limited (ASX:DYL) leading the pack with an impressive 21.24% surge in its share price. Boss Energy Limited (ASX: BOE) and Paladin Energy Limited (ASX: PDN) also enjoyed substantial gains, rising 17.66% and 15.56% respectively, reflecting renewed investor confidence in the sector. The surge comes…
ASX Ltd Shares (ASX: ASX) Drop as ASIC Launches Broad Investigation
ASX Limited (ASX.AX), the operator of the Australian Securities Exchange, is facing significant headwinds as its shares fell 6.62% today following the announcement of a comprehensive investigation by the Australian Securities and Investments Commission (ASIC). The ASX share price closed at $67.89, down $4.88 on the day, trading near a support area that had previously…