In a landscape marked by rising interest rates, persistent inflation, and economic uncertainties, the Australian retail consumer sector has been navigating choppy waters. Even so, lighting equipment company Beacon Lighting (ASX: BLX) has achieved a sales result of $312 million compared to $304.3 million last year. But it wasn’t exempt from the broader consequences of
Read More
The XJO is expected to open lower this morning following a pullback in the U.S overnight which saw their market commit to the break of their key support and hold their lows. Their futures have edged into the green however which at least indicates that selling has not snowballed at this stage. Yesterday we had
Read More
Andrew Goodwin, who is currently the Chief Financial Officer at non-bank lender Wisr (ASX: WZR), has now taken on the position of Chief Executive Officer with immediate effect. This change comes after the Wisr Board decided to terminate the employment of the previous CEO, Anthony Nantes for undisclosed reasons. As part of the Board’s continuous
Read More
Aussie airline operator Regional Express, or Rex (ASX: REX) has been re-awarded three regulated routes in Western Australia through a competitive tender process. The three regulated routes include Perth-Albany, Perth-Esperance and Perth-Carnarvon-Monkey Mia. The new contracts kick in on October 2, 2023 and last until July 2, 2028. This award by the WA State Government
Read More
The XJO is expected to open lower this morning following a pullback in the U.S overnight. Their futures are flat. At this stage we are expected to open right on the 200 day MA which comes in at roughly 7,230, however as market open approaches this could change. Regardless we will trade near the convergence
Read More
Artificial Intelligence (AI) company UNITH (ASX: UNT) has ticked off a major development milestone in its 2023 Technological Roadmap with the launch of three digital humans that are integrated with GPT technology. The digital humans are available on UNITH’s website for public demonstration and engagement and were built from a scalable module in the tech
Read More
