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The last financial year delivered the best returns to Australian share market investors since FY07. However, one fund manager is expecting the good times to keep on rolling in this financial year, led by a surge in earnings from
Since the beginning of the new financial year, the ASX 200 has climbed a further 3.1%. This gain has largely been contributed by the materials and industrials sectors. Further growth could be on the cards if the team at Prime Value Asset Management is on the money.
Will ASX 200 shares deliver accelerated profit growth?
In its June update, Prime Value shared with its Opportunities Fund investors what it expects in the latest financial year. The fund aims to invest in 20 to 30 of the best opportunities within the ASX, irrespective of market capitalisation.
Boomsday scenario: Earnings season set to defy COVID doom smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.
Switzer Daily
Has our NSW premier been promoted to Chairman Gladys?
29 July 2021
On
his 2GB radio breakfast show, my colleague Ben Fordham referred to the Prime
Minister saying lockdown threats would be over by Christmas! And quite
rightfully, Ben said “it’s a long time to Christmas!” Ben also pointed out that
with something like 80,000 tests on one day recently, the ‘negative’ Covid
readings were over 99%!
It
does make you wonder if we’re over-hyping the threat from this damn Delta
strain. Sure, we know it’s more contagious but it is less deadly.
A
mate of mine and his family recently returned from Switzerland going to his
Switzer Daily
1. Another $4 billion to the rescue
What
will the four week extension to the NSW lockdown cost try $4 billion! That’s
right, following the PM announcing bigger disaster payments yesterday, the Federal government is now
contributing $750 million a week to save NSW workers, while the state
government slams in $325 million. Lose 20 or more hours a week and the disaster
payment is $750 a week, up from $600. Lose between
eight and 20 hours and you’ll receive $450 a week, up from $375.
2. What will businesses get from new package?
Businesses with turnovers between $75,000 and $250
million that experience a revenue drop of more than 30% compared with the