Tags » Australia & NZ

Why Aussies sell in May

We all know “sell in May and go away” but why do Australian investors mimic their Northern counterparts when they are headed into Winter, not Summer holidays? 143 more words

Stock Markets

Gold: Is it flagging?

Gold is now in the fourth week of a flag formation and is testing support at $1250/ounce. The best flag signals are in weeks 3 or 4. 209 more words

Stock Markets

Something Fishy (humor)

SYDNEY — Five men with cancelled passports were Wednesday accused of planning to sail to Indonesia from Australia en route to join jihadist groups in Syria.

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Australia & NZ

The high-rise boom is over

From The AFR:

Macquarie Bank is planning to hit the brakes on lending to high rise and high density apartment dwellings in up to 120 postcodes around the nation amid growing fears about falling demand and oversupply.

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Australia & NZ

The Internet of Things: it's arrived and it's eyeing your job

From Malcolm Maiden:

The Internet of Things is “billions of connected devices from vending machines to mining equipment, aircraft engines and their componentry, agricultural sensors and cars,” Penn said in his first keynote speech as Telstra CEO in July last year.

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Australia & NZ

Wage growth hits fresh lows | ABC News

From Michael Janda:

Wage growth has hit a fresh record low, with workers’ pay rising just 0.4 per cent last quarter and 2.1 per cent over the past year.

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Australia & NZ

Iron Ore Wrap

From Andy Semple at Andika:

The iron ore price has slumped to a one-month low as investors fret over the strength of Chinese demand. The commodity weakened 1.7% to $US53.50 a tonne at the end of last week, its lowest price since April 11.

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Australia & NZ