business

Three PwC staff leave the firm after the ‘rating women’ scandal

“We want our firm to be a place where every person feels safe to ask questions, raise concerns and trust that issues will be followed up and handled appropriately,” Mr. Gregory said. “I want to strongly emphasize that we all have a part to play in this and we continue to encourage all our partners …

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Buy and hold this ‘incredibly undervalued’ ASX share for 4 years: last

Image source: Getty Images Ask A Fund Manager The Motley Fool chats with the best in the industry so that you can get an insight into how the professionals think. In this edition, Cyan Investment Management portfolio manager Dean Fergie nominates a bargain ASX share that he’d bought and put away for four years. The …

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Ords cuts veteran operator in Melbourne

They were asked to leave immediately, without time to say goodbye to their colleagues. Both were well respected and sources reckon it was Ord Minnett’s belt tightening that led to unceremonious firings. They were pointing to the broker’s five-year clearing deal with FinClear, which, they said, had led to redundancies in its back office staff …

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Liontown share price jumps 7% on ‘significant milestone’

Image source: Getty Images The Liontown Resources Limited (ASX: LTR) share price has returned from a brief trading pause and is shooting higher. In afternoon trade, the lithium miner’s shares are up almost 7% to $1.19. Why is the Liontown share price racing higher? Investors have been bidding the Liontown share price higher after the …

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Australian domestic airfares jump by 96 percent

Holidays in Australia are in crisis as the cost of domestic airfares jumped as much as 96 percent, with locals finding it cheaper to fly overseas. Qantas and other airline carriers have increased prices since May as tourism operators crippled by the Covid-19 pandemic try to recover. Popular airline travel deals website Kayak revealed that …

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Which ASX lithium shares operate in Musk’s sweet spot?

Image source: Getty Images It is shaping up to be a relatively solid day for ASX lithium shares on Thursday. At the time of writing, the majority of companies on the ASX associated with the all-important battery commodity are in the green. However, neither Tesla Inc (NASDAQ: TSLA) techno-king Elon Musk outlined during the electric …

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Rising construction costs kill $165m Perth apartment tower

An international construction market report by consultants Turner and Townsend found Perth had leapfrogged the other major capital cities to become the most expensive in the country to undertake construction of any kind after a 14 percent average rise. The survey found the average cost to build in Perth has increased to $US2822 ($4127) per …

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Octopus launches $10 billion renewables platform, buys Australia’s biggest solar farm

Octopus Investment Australia has officially launched its new $10 billion renewables “platform”, that will seek to finance big solar, wind and battery storage projects and has already bought the biggest operating solar farm in Australia. Octopus Australia – a subsidiary of one of the world’s largest investors in clean energy, the Octopus Group – said …

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