Australian Treasurer Jim Chalmers was warned in confidential Treasury advice released under a freedom of information request on Monday night that planned tax changes would place downward pressure on house prices, increase rents, and reduce housing supply. The documents, prepared in the lead-up to the budget, predicted that house prices would rise by about two … Read more
According to analysis released by Primara Research for homeloanrates.com.au, Australia is facing an 86,807-dwelling shortfall against the National Housing Accord’s target of 480,000 approvals over the first two years of the 1.2 million home target. Prime Minister Anthony Albanese recently defended government housing policies on social media, pointing to a 27 per cent increase in … Read more
Online retail giant Kogan has posted a record $1.042 billion in gross sales for the financial year, defying a wider sector downturn while facing a sharp 16.41 per cent plunge in its share price. According to company results released to the market, total group revenue rose 5 per cent to $510.7 million, while statutory net … Read more
According to historical market data from Stifel, the average bear market since 1932 has dragged the S&P 500 down 35% from peak to trough and lasted roughly a year, testing investor resolve and tempting many to step out of stocks entirely to avoid steep losses. Why Market Timing Destroys Long-Term Wealth Active trading and trying … Read more
International Business Machines Corporation (NYSE:IBM) stock dropped 25% on July 14, marking the worst single day for the company since records began in 1968. The drop surpassed the previous record decline set on October 19, 1987. By the end of the week, IBM’s total market value sat just under $200 billion, driven by weak second-quarter … Read more
Macquarie Group chief executive Shemara Wikramanayake will retire in November after nearly four decades with the finance giant, leaving office with a direct shareholding valued at more than $375 million, according to company announcements and market disclosures. Chairman Glenn Stevens informed the Australian Stock Exchange on Thursday morning that group head of banking and financial … Read more
Rocket Lab (NasdaqGS:RKLB) is expanding its physical launch infrastructure, including ground systems, mission control facilities, and launch sites, to increase its mission frequency and accommodate a wider range of commercial and national security payloads. According to Simply Wall St, the company’s stock, currently priced at $67.62, faces significant volatility, with a 37.4% decline over the … Read more
US stock futures remained largely unchanged on Monday as investors weighed signs of progress in US-Iran peace talks against the looming release of the Personal Consumption Expenditures (PCE) price index. While S&P 500 and Dow Jones Industrial Average contracts hovered near flat, Nasdaq 100 futures rose 0.2% as the market resumed activity following the holiday … Read more
ServiceNow (NYSE: NOW) is emerging as a critical infrastructure layer for enterprise artificial intelligence, contradicting market fears that AI agents would render workflow software obsolete. While investors initially sold off software stocks fearing AI automation would bypass traditional platforms, industry analysts note that businesses now require centralized systems to govern, monitor, and coordinate the output … Read more
Long-term wealth creation relies on consistent portfolio construction rather than speculative stock picking, according to market analysts. Investors prioritizing dividend-paying blue-chip stocks, Real Estate Investment Trusts (REITs), and companies engaging in share buybacks often achieve more stable compounding returns than those chasing short-term market trends. Building a sustainable income stream requires disciplined habits and a … Read more