Amid the boom of retail investors entering opportunistic penny stocks capitalising on COVID, many are now under the watchful eye of ASX regulators after share price pumps led by business pivots into hygiene product supply such as hand sanitiser. Just one of many to do so at the start of the pandemic, food production company
Read More
The Australian rental market is set for a period of change with both interstate and domestic movement around the country impacting property markets. But through the economic uncertainty, tech company Rent.com.au (ASX: RNT) has emerged as the primary destination for tenants and landlords with a 13% increase in revenue for FY20. The largest dedicated rental
Read More
With apologies to Charles Dickens, it’s the best of times or the worst of times for the receivables management industry – known in less polite circles as debt collectors. Broadly speaking the sector’s fortunes are inversely correlated to the economy, so swelling unemployment and consumer and business stresses imply rosy fortunes. But too much misery
Read More
An eerie sort of irony surrounds wagering and sports giant Tabcorp Holdings (ASX: TAH) which is set to embark on a corporate rebuild in the same way an underperforming AFL team does. The CEO and Chairman are on the way out, fresh blood is being sought with a $600 million capital raise and a strategic
Read More
The rapidly changing retail landscape continues to evolve through COVID-19, with consumers now having little qualms buying goods online that traditionally had to be bought in-store. Jewellery in particular has met this trend as evidenced by retail jeweler Michael Hill (ASX: MHJ) which has reported a 54.5% increase in digital sales and the launch of
Read More
There has been a generational shift in the world economy and financial markets because of COVID-19. Where we may live in a non-COVID environment soon, the markets, the economy and social environment may have been changed forever. The structures that have been around for 30 or 40 years have been upended. During World War 2
Read More