Following China’s announcement earlier this year that it would cut back steel production, the price of iron ore fell by more than 50 per cent. As a result of the weakness in iron ore prices, BHP fell 34 per cent, RIO fell 36 per cent, while Fortescue Metals fell 47 per cent although this has now changed given that China recently announced it would ease restrictions on steel ...

The cost of living in Australia has risen considerably over the past two years with several waves of COVID causing widespread lockdowns, supply chain issues and delays. This has seen demand outstrip supply causing costs to soar and prices to rise. One area that has been hit the hardest is energy costs with petrol and the cost of filling up your car rising to unprecedented levels. ...

There has been a lot of talk about climate change with the recent climate summit and it has been suggested that part of the way forward is to phase out internal combustion engines because electric vehicles (EVs) are supposedly the way of the future. Indeed, over the last decade, there has been huge advancements in battery technology with lithium-ion batteries the choice for EV production. ...

The war between the big four banks and the buy now pay later (BNPL) space heated up last week as Afterpay released its new money app, which is targeting Gen Z and millennials, and is another move forward in Afterpay becoming more like a bank.

As I have stated in previous reports, the big four banks are good at sitting back and watching others take the risk to develop a market ...

An increasing number of Australians are entering the world of cryptocurrencies in the hope of chasing high returns, yet many are blissfully unaware of the inherent risks involved. Recent research suggests that one in five Australians are now either investing or intend investing in cryptocurrencies in the near future.

Interestingly, the Commonwealth Bank announced last week ...