business

3 ASX lithium stocks this fund manager is holding despite sector pullback

Image source: Getty Images Leading ASX lithium stocks have easily outpaced the benchmark returns for longer-term shareholders. Here’s what we mean. If you’d bought shares in Allkem Ltd (ASX: AKE) in June 2017, you’d be sitting on a gain of 192%. Over that same five years, the IGO Ltd (ASX: IGO) share price is up …

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What next for tech? VC investment levels offer some clues

All the VC investors spoke to said they now expected the local deal numbers for the second half of this year to go backwards compared with 2021, and had begun advising portfolio companies to rein in spending. Craig Blair says AirTree’s investment philosophy has not changed, despite the altered market sentiment. Dominic Lorrimer OneVentures and …

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Is your child a fussy eater? Follow these tips to help them eat different fruits and vegetables

Kids get their fair share of blame for being the fussiest eaters in the family. But now parents are having to be picky with what they buy, as prices of fruit and vegetables soar across the country. The challenge is making those inexpensive alternatives palatable for your kids — and that is no walk in …

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Tasmanian salmon producer Tassal being circled by Canadian seafood giant Cooke

A wealth adviser says it seems a Canadian seafood company is “pretty serious” about taking control of Tasmanian salmon giant Tassal, which could leave the entirety of the state’s salmon industry in the hands of foreign investors. Key points: Tassal is the last of the big three Tasmanian farmed salmon producers not foreign-owned Canadian company …

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Nuclear powered flying hotel ‘Sky Cruise’ to carry 5,000 passengers

It’s a bird, it’s a plane … no, it’s a giant nuclear-powered ‘flying hotel’, complete with a gym and swimming pool that’s set to carry 5,000 passengers. A giant nuclear-powered ‘flying hotel’, complete with a gym and swimming pool, is set to carry 5,000 passengers in unparalleled luxury. A new CGI video details how the …

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KFC and Taco Bell owner Collins Foods flags price rises in high inflation environment

Prices at hundreds of KFC restaurants across the country are likely to rise again as its owner flags the need to keep pace with inflation. Collins Foods on Tuesday announced revenue growth of 11.1 per cent in the year to May 1 — pushing its share price up 11.5 per cent to $9.97 and making …

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‘Deadly’ bow and arrow set marketed for kids sparks concern from child safety experts

Child safety groups have expressed outrage at a bow and arrow set marketed for five to eight-year-old’s which experts believe could pose a serious safety risk. The packaging on the Barnett Wildhawk archery set claims its appropriate for children, but testing by 9News and observations by child safety specialists have found the weapon could cause …

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Looking to buy ASX dividend shares? Here are 2 that experts rate highly

Image source: Getty Images Experts have picked out two ASX dividend shares that could provide attractive total returns. Businesses that pay out an attractive amount of income are appealing to many ASX investors. But growth is important too, and some ASX shares offer the best of both worlds. Brokers are constantly looking for shares that …

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Telstra, TPG deal risks $55b of productivity, Optus warns

Optus said the deal would mean “material adverse impacts to the Australian economy” if approved. It cited a PwC report that said less competition in 5G services may limit “economic productivity” by $55 billion in the next decade. Telstra and TPG unveiled the landmark network sharing deal early this year. While still subject to regulatory …

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