The gaze of ASX gold watchers has averted from the exploration minnows to the top end of town, after the stunning ‘merger of equals’ of Northern Star Resources and Saracen Minerals that will create the world’s sixth biggest gold miner by market capitalisation. We say ‘stunning’ because no-one really expected it, although in glorious hindsight
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We take a look at the Federal Budget and the massive new spending measures Last Tuesday night, Josh Frydenberg announced the Australian Federal Budget for 2020-21. Spending is expected to increase by a massive $128 billion or 23 percent, with around $111bn of this new spending commitments. Despite this, receipts are expected to drop by
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Amid the US-led tech sell off the ASX-listed buy now pay later (BNPL) sector has had a decent touch-up, with valuations as much as 40 per cent down on their recent peak levels. Is it enough to quell what many investment experts view as a clear case of irrational exuberance? The near-term price graphs tell
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Since the reports emerged in the media that Responsible Lending laws relating to the banks are likely to be relaxed, we have spent some time talking to various stakeholders (including the major banks) to better understand the implications. Overall, post our discussions our initial read is that investors and analysts need to curb their enthusiasm.
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ASX listed debt trusts are trading at material discounts to the value of their underlying assets, which presents potential opportunities for investors to derive enhanced yields on these income-focused investments. Having sprung up like mushrooms after a thunderstorm over the past five years, these so-called credit-focused listed investment trusts (LITs) vehicles offer investors a liquid
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The past couple of months have seen the market reawaken to some of our battery related stocks. Major lithium miners who had stagnated for periods are again starting to see some price action, and small stocks with very uncertain futures are being pumped heavily in online forums. It seems that the whole space of companies
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