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- Live
- Markets Live
ASX slips; Perpetual sinks on $500m tax shock
Miners and tech play tug-of-war with ASX. RBA decision day. Iron ore, oil, gold gain. Bitcoin stumbles. Nvidia drags Nasdaq lower. Follow updates here.
- Timothy Moore, Joshua Peach, Sarah Jones, Cecile Lefort and Alex Gluyas
Five ASX micro-cap stocks fund managers are buying
A miner, a telco and two technology darlings are among the micro-caps stocks fundies have named for 2025.
- Joshua Peach
ASX to rise on prospect for bolder China stimulus, Wall St slips
Australian shares are set to open higher. BHP, Rio surge in New York. Iron ore, oil, gold gain. Bitcoin stumbles. Nvidia drags Nasdaq lower.
- Timothy Moore
GQG’s assets rebound from Adani fallout
The fund manager says its assets jumped $US2 billion last week to $US161.5 billion, despite concerns about its Adani investment. It did, however, terminate its share buyback.
- Updated
- Alex Gluyas
This US bank makes a bold call on the $A
The Australian dollar dropped below US64¢ last week, yet the investment giant says it’s time to offload the strong US dollar instead.
- Cecile Lefort
ANZ’s risky new CEO; Assads ‘like mafia’; ‘Shoebox’ fetches $850k
Read everything that’s happened in the news so far today.
Opinion & Analysis
The markets have got it wrong (again) on rate cuts
Bond traders are fully priced for some relief by April 2025 thanks to a couple of surprising data points. But it’s always the coldest just before sunrise.
Economist
How to keep up with mainstream meme coin mania
The explosive rise of social media has already shifted the workings of politics and democracy. We are now seeing how it can move asset prices in digital assets.
Contributor
Public sector to blame for Australia’s poor productivity
Australia’s economic story has become dominated by public rather than private activity as politicians spend crazy amounts of money to buy votes.
Columnist
Bitcoin has hit $US100,000. Do we still care?
The cryptocurrency has burst through a historic milestone. But the bulls aren’t bragging, and the bears aren’t finger wagging. So what’s changed?
Senior reporter
Companies in the News
Commonwealth Bank
Woolworths
Macquarie Group
Coles Supermarkets
Goodman Group
Updated: Dec 10, 2024 – 11.05am. Data is 20 mins delayed.
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Meet the Fundie
How Milford trebled its money on this ASX tech darling
Fund manager Roland Houghton talks Life360, painful trades, and what he’s expecting for the year ahead.
- Updated
- Cecile Lefort
This market guru learnt from Buffett and Soros. These are his big bets
Kiril Sokoloff has been calling market turning points for half a century. While he’s looking for his next big prediction, here are three of his current picks.
- Jonathan Shapiro
Meet the ‘emotionless’ fundies that keep outperforming
Pengana portfolio managers Ed Prendergast and Steve Black don’t agree on everything, but after 20 years, the pair continue to outperform the markets.
- Updated
- Joanne Tran
Yesterday
Platinum sinks as Regal takeover hopes dashed
More than $1 billion in outflows in October and November have ended the chances of a higher Platinum bid from the hedge fund giant.
- Joshua Peach
How Milford trebled its money on this ASX tech darling
Fund manager Roland Houghton talks Life360, painful trades, and what he’s expecting for the year ahead.
- Cecile Lefort
ASX flat; Platinum tumbles 14pc; GQG rises 6pc
Shares flat; Regal ceases buyout talks with Platinum; GQG cancels share buyback; ex HSBC wealth and personal banking chief appointed as ANZ CEO. Follow here for more.
- Joanne Tran, Timothy Moore, Cecile Lefort, Joshua Peach and Alex Gluyas
CEFC hands $116m for private equity-backed mining decarbonisation
Resource Capital Funds will use the money to invest in new Australian projects that focus on minerals used in the energy transition such as lithium and copper.
- Alex Gluyas
This Month
ASX to slip, but investors eye cheery Christmas as Santa rally expands
Despite the optimism from the surge in finance and technology stocks infecting other sectors, the ASX 200 is expected to slip 0.3 per cent on Monday.
- Joanne Tran
- Opinion
- Interest rates
The markets have got it wrong (again) on rate cuts
Bond traders are fully priced for some relief by April 2025 thanks to a couple of surprising data points. But it’s always the coldest just before sunrise.
- Warren Hogan
- Opinion
- Cryptocurrencies
How to keep up with mainstream meme coin mania
The explosive rise of social media has already shifted the workings of politics and democracy. We are now seeing how it can move asset prices in digital assets.
- Gillian Tett
S&P 500 resets record closing high for 57th time
The record run higher in US equities is intact after November’s jobs report reassured investors that the Fed is still on track to cut rates this month.
- Timothy Moore
- Opinion
- Productivity
Public sector to blame for Australia’s poor productivity
Australia’s economic story has become dominated by public rather than private activity as politicians spend crazy amounts of money to buy votes.
- Christopher Joye
ASX slides amid broad sell off; Iluka tumbles 10pc
Shares drop; Iluka wins $400m government loan; APA cheers ‘light’ regime plan; Macquarie cuts Domino’s Pizza; Citi cuts 29Metals. Follow updates here.
- Timothy Moore, Cecile Lefort, Joshua Peach and Joanne Tran
Meet the Australian fundies making a motza from the return of Trump
Bitcoin at $US100,000, stockmarkets setting records as tech and banking soars. These local investors are grabbing every opportunity to make big returns.
- Joshua Peach
Synagogue attacked; AusSuper’s $1 trillion woe; Murdoch Christmas bash
Read everything that’s happened in the news so far today.
ASX to slip, Wall St edge down with payrolls awaited
Australian shares are set for modest opening losses. November US jobs data in focus. Bitcoin slides below $US100,000.
- Timothy Moore
OPEC+ delays oil output hike until April, extends cuts into 2026
The cartel’s earlier plan to start unwinding cuts from October this year has been thwarted by a slowdown in global demand and rising output outside the group.
- Alex Lawler, Olesya Astakhova and Maha El Dahan
Bitcoin smashes through $US100,000 as traders eye ‘huge re-rating’
Investors believe the change in attitude towards cryptocurrencies still hasn’t been priced in, making Thursday’s milestone just the beginning.
- Alex Gluyas
- Analysis
- Bitcoin
Bitcoin has hit $US100,000. Do we still care?
The cryptocurrency has burst through a historic milestone. But the bulls aren’t bragging, and the bears aren’t finger wagging. So what’s changed?
- Jonathan Shapiro
This ASX biotech stock could be the next M&A target
Antares’ portfolio manager Andrew Hamilton says a key drug of Immutep has “enormous potential revenue”.
- Joanne Tran
- Opinion
- Chanticleer
Here’s the key ASX sector UBS is targeting in 2025
The ASX 200’s strong rise has been tinged with frustration for many investors because of the banks and miners. UBS is hunting in a different sector in 2025.
- James Thomson
Victoria’s asset sale; MinRes’ gag request; Wesfarmers’ rates alert
Read everything that’s happened in the news so far today.
- Opinion
- Shares
The ASX’s founders are in dump mode
Insiders are cashing out hundreds of millions of dollars of stocks after stellar share price runs. Are they sending a message?
- Jonathan Shapiro
