ASX falls, AGL hits record low, IRESS deal slowed, Pilbara hits record The S&P/ASX200 (ASX: XJO) dropped another 0.3% on Wednesday as the rally in the energy sector reverse, dropping 2.2%. The key driver was an announcement that OPEC+ expects the oil market to balance earlier than expected. Every major company fell with Santos (ASX: STO) and BHP (ASX: BHP) both falling 3.5%….
With reporting season over, Ausbil have released a reporting season wrap up highlighting the main developments that advisors can pass onto their clients during client meetings and take into consideration when position portfolios for the year ahead. Even though most of Australia was stuck in pandemic forced lockdowns, the FY21 reporting season demonstrated just how…
In many ways Salesforce.com was ahead of its time. The customer relationship management or CRM provider was just another player in an increasingly popular space except for one key difference. The group was among the first CRMs to be delivered in a web browser, rather than via a downloaded program as was the rage in…
“What we’re seeing is an explosion in the amount of data gathering and measurement and functionality across whole swathes of industries,” says Matthew Reynolds, Capital Group investment director for Australia. “Chips are literally going into every device you can think of – not just the obvious ones, like our phones and computers. It looks like…
Wesfarmers Ltd (ASX: WES) is one of the best ASX blue chip shares around in my opinion. It’s one of the oldest businesses on the ASX and I think it still has plenty of growth potential for the long-term. These are the reasons why I really like it: Strength of businesses The portfolio of businesses that…
A deep dive into Australia’s housing sector has shown it to be a resilient and robust market that has defied all pandemic doomsday predictions to bounce back with record sales supported by desperate first home buyers and packed investors, all fearful of missing the boat. Housing remains our largest financial asset and according to Yarra…
