Pacific Perspectives
1.4m business owners will retire by 2036. 33pc have no succession plan
Taking over their father’s Melbourne construction business was a steep learning curve for brothers Mark and Lee Griffiths. While they had worked with their father Stephen at Griff & Lee Constructions for two decades, and it was…
Australia faces worst growth slump in decades
Australia is facing its longest stretch of weak economic growth since the early 1990s recession, but stubborn inflation pressures are still expected to force the Reserve Bank to raise interest rates again, according to a…
ASX’s first AI-powered stock picking ETF puts quant funds on notice
Fund managers using advanced artificial intelligence models to gain an edge over the market have been put on notice following the launch of the first Australian exchange-traded fund that will also use the technology to…
Health stocks (and WiseTech) are on a tear in buy-the-dip frenzy
A wave of buy-the-dip momentum has gripped Australia’s sharemarket, particularly among retail traders, giving a much-needed shot in the arm to some of the most heavily sold-down stocks on the domestic bourse. One of the…
RBA flags data centre boom as new threat in inflation fight
The Reserve Bank is concerned that the recent explosion in data centre investment could compete with Australian businesses for workers and resources, making its fight against inflation harder and contributing to interest rates staying higher…
‘They’re trying to shut us down’: Beach CEO slams gas reserve
The Albanese government’s plan to reserve gas for domestic buyers on the east coast would cost about $2.9 billion a year in forgone revenue and infrastructure losses and could bring forward energy shortages in Australia’s…
Lululemon’s latest struggle: slowing sales in key China market
New York/Shanghai | Lululemon is struggling with slowing sales in China, a market that has helped the company offset quality problems, unpopular designs and an angry founder – until now. Wall Street analysts say the China slowdown may…
Big investors commit billions to private credit despite turmoil
London/New York | Large investors are committing billions of dollars to private credit funds as big institutions seek to profit from an exodus of smaller retail clients. North American direct lending funds that seek to attract…
How the great wealth transfer is rewriting the investment playbook
ust months before he died last year aged 98, Goh Cheng Liang, one of Singapore’s richest men, made six of his grandchildren billionaires. The Nippon Paint tycoon, who built his business empire from a single…
Housing downturn to lift the ASX, but bank risks still loom
If history is any guide, Australia’s sharemarket is set to be an unexpected winner from the housing market slump, with falling property prices linked to higher returns on the local bourse over the past 40…