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Press and Media Mentions
Are Investors Confident of ASX-Listed Travel Stocks Recovery?
Featured On: Global Travel Media
The Australian financial market has shown rapid signs of recovery as the nation gets a grip on its economic and business scenario. However, the dilemma persists for the travel stocks with the future of international travel still in the doldrums. While the COVID-19 pandemic was unfortunate news for the financial market, travel stocks were worst affected by the lockdown repercussions. The suspension of travel, with countries immediately imposing border restrictions, lead to one of the worst crashes for the erstwhile booming companies.
Read Original Article...ASX Close: US futures sour as inflation fears rise
Featured On: The Market Herald
Aussie shares hit a two-week low as US futures hinted at a third night of losses if tonight's consumer inflation report disappoints. The S&P/ASX 200 fell 52 points or 0.73 per cent. The index dropped as low as 7006.6, its weakest level since April 27, before a partial recovery to 7044.9. A dwindling rebound in technology stocks and gains in Telstra, Fortescue Metals and CBA were outmatched by declines across the rest of the banks and miners.
Read Original Article...Countries aPull Out All Stops To Expedite Travel Return
Featured On: Global Travel Media
Australia’s buoyant economic setting and ramped up global vaccination rollouts have gotten the stars aligning for the travel sector. As per the Australian Bureau of Statistics, overseas trips in March 2021 rose by 27.4% compared to the previous months. Domestic travel is indeed having a good time in the current scenario amidst the increase in tourism activity in the Land Down Under. Significantly, Australia is among few other nations that have the COVID-19 situation under control, enabling non-interrupted lifestyles, which opens the door for travel return.
Read Original Article...Game on for crypto: A new asset class or the greatest bubble of all time?
Featured On: IFA: Independent Financial Advisor
Of late, cryptocurrencies have gained immense popularity among global investors, who are now betting big on the digital currency as a mainstream asset. Initially designed to eliminate financial intermediaries in peer-to-peer transactions, cryptocurrencies have emerged as a popular investment choice in no time.
Read Original Article...Is Australia's housing affordability crisis becoming more dire?
Featured On: Australian PropertyMarkets.News
The Australian property market has been on fire since the beginning of 2021. The property prices are hitting record-high levels on the back of strong demand from first-home buyers and owner-occupiers, coupled with solid monetary and fiscal stimulus. At a time when the property market is going uphill, concerns are mounting that surging housing prices are aggravating the housing affordability problem.
Read Original Article...ASX Close: Miners shine; tech has week to forget
Featured On: The Market Herald
The share market secured its first weekly advance in three weeks as record iron ore prices carried the materials sector to an all-time high and broadly positive interim earning updates boosted the banks.
The S&P/ASX 200 rallied 19 points or 0.27 per cent this session to its fourth gain of the week.