QBE Insurance has landed in the spotlight, not for its stellar performance but for a lawsuit filed by the ASIC. The case alleges that QBE misled half a million customers about pricing discounts on their insurance policies. But in a twist few saw coming, the stock price surged over 17 per cent following the announcement on October 23. This is a stark contrast to the fate of other ...
Woolworths is grappling with a perfect storm—strikes at its distribution centres have caused empty shelves, frustrated shoppers, and a jaw-dropping $50 million sales hit. Workers are demanding safer conditions and better pay while negotiations with the United Workers Union (UWU) remain at a standstill. For investors looking to take advantage of negative news, this chaos might ...
New Zealand’s Reserve Bank has taken a bold step, slashing rates by 50 basis points to 4.25 per cent—its third cut in just four months. Meanwhile, the Reserve Bank of Australia (RBA) holds firm at 4.35 per cent, its highest rate in over a decade. This stark policy divergence highlights contrasting global economic realities and raises a critical question: is the RBA too ...
The $8.8 billion dollar merger between Sigma Healthcare and Chemist Warehouse is poised to reshape the Australian pharmacy landscape, consolidating power in the hands of two industry giants. But what does this mean for Australians—greater access to cheaper medicines or the loss of small, community-focused pharmacies? With Chemist Warehouse's retail dominance and Sigma’s ...
Will Donald Trump pull the US out of the Paris Agreement again? And what could that mean for Australia, especially for local companies? With Trump’s history, it's safe to assume he’ll likely exit the agreement once more, doubling down on fossil fuels.
While the US stands to benefit from cheaper energy, countries committed to the Paris Agreement could be left footing ...
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