Australian wages are growing at less than half the rate of inflation, but economists warn that won’t stop the the Reserve Bank of Australia from raising the cash rate again next month. Wages grew by a smaller-than-expected 0.7 per cent in the March quarter, which saw...
Introduction Last year saw very strong investment returns and was relatively calm in investment markets. While there was a lot to worry about, the biggest drawdown in US shares was 5% and in Australian shares it was 6%. This always seemed unlikely to be repeated and...
The local bourse has gained ground for a fourth consecutive session, with the mining giants leading the way as iron ore prices rebound as China plans to reopen from its harsh COVID-19 lockdowns. The benchmark S&P/ASX200 index finished on Wednesday up 70.2 points, or 1.0 per...
The Australian Stock Exchange is cracking down on companies faking green credentials to pump up their share price. ASX compliance chief Janine Ryan has warned companies against using the market’s disclosure system to make unnecessary or misleading statements that overstate climate and emission reduction achievements. ‘Greenwashing’ is...
The world needs all forms of energy to work together to reach net-zero emissions, oil and gas executives have been told. It took 150 years to build the current industrial economy and it must be reconstructed in three decades, gas executive Ian Davies said in his...
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