Markets

More than 430,000 Australians started trading last year. One expert says the trend is driven by our gambling culture and government stimulus money.

435,000 Australians became new traders in 2020 according to new data from Investment Trends. Driving the enormous uptake into retail investing is Australia’s gambling culture and the surplus of government money available, RMIT lecturer Angel Zhong said. However, just as with gambling, uneducated investors risk losing badly, she warns. Visit […]
More than 430,000 Australians started trading last year. One expert says the trend is driven by our gambling culture and government stimulus money.
Makes Cents

Start investing your loose change with these micro-investing apps

Micro-investing apps allow you to enter the investing world with fewer funds. There are a range of micro-investing apps available in Australia including Spaceship, Raiz and FirstStep. With these apps, you have the option of setting up recurring deposits or depositing a lump some of money. Visit Business Insider Australia’s […]
Start investing your loose change with these micro-investing apps
Markets

Australia’s $28.5 billion share dividend payout has started

The annual company dividend bonanza has started with $28.5 billion due to be paid. The majority of companies reporting full-year earnings results chose to pay a dividend. And most of these companies lifted or maintained payout. Shareholders in ASX-listed companies will be paid out $28.5 billion over the next few […]
Australia’s $28.5 billion share dividend payout has started
Markets

The shares most traded by self managed super funds

The three most traded shares by SMSFs are the Commonwealth Bank, Telstra and NAB. However, analysis by CommSec shows that self managed super funds are more frequently looking beyond the ASX20 for opportunities. SMSFs are continuing to expand their investment offshore with a 30% increase in international share trades. Self […]
The shares most traded by self managed super funds
Markets

ASX-listed companies just posted their strongest profits since the GFC

Companies, during the 2018 reporting season, posted their strongest profits since the GFC. 77% revealed higher profits than a year ago. And 86% either increased dividends or held them constant. Three-quarters (77%) of ASX-listed companies posted higher profits this reporting season, their strongest result since before the GFC. And this […]
ASX-listed companies just posted their strongest profits since the GFC
Markets

The apartment boom has driven average Australian home sizes to a 20-year low

Australia’s love for McMansions, those cookie-cutter homes with many bedrooms and bathrooms, may have peaked. Australians are are increasingly living in smaller homes, a factor which could help keep apartment over-supply under control. The average floor space in an Australian home, across an average of both houses and apartments, has […]
The apartment boom has driven average Australian home sizes to a 20-year low
Markets

COMMSEC: It’s the end of discount airfares in Australia

Don’t expect to find a great deal on flights, if the latest data on discount airfares is anything to go by. Commsec economist Savanth Sebastian has collated the latest figures from the Bureau of Infrastructure, Transport and Regional Economics (BITRE) which show rises across multiple airfare classes. Most glaring, though, […]
COMMSEC: It’s the end of discount airfares in Australia
Markets

CommSec has paid back $1.1 million in brokerage to 25,000 customers

CommSec has been fined and has voluntarily refunded a combined total of $1.1 million in brokerage to more than 25,000 clients after a series of systems technical errors. That’s about $44 for each customer. The arm of the Commonwealth Bank also paid a total penalty of $700,000 on two infringement […]
CommSec has paid back $1.1 million in brokerage to 25,000 customers
Markets

Australia’s terms of trade has stopped falling

After a relentless slide, Australia’s terms of trade has stopped falling, according to data released by the Australian Bureau of Statistics yesterday. The ABS reported that import prices fell 1% during the June quarter, taking the 12-month fall to 2.8%. On the other side of the ledger, prices for Australia’s […]
Australia’s terms of trade has stopped falling
Markets

Why Australian petrol prices are high, and set to keep climbing

Australian motorists, we have some bad news for you. According to research conducted by Commsec, the average unleaded petrol price across the country rose to 119.1 cents per litre last week, the highest level seen in four months. Using data provided by the Australian Institute of Petroleum (AIP), Commsec notes […]
Why Australian petrol prices are high, and set to keep climbing
Markets

It looks likes Australian petrol prices are headed higher

On the back of rebounding crude prices and recent weakness in the Australian dollar, it hasn’t taken long for Australian petrol prices to start responding by turning higher. According to Commsec, citing data from the Australian Institute of Petroleum, the average price of unleaded petrol nationally rose by 3.9 cents […]
It looks likes Australian petrol prices are headed higher