BUSINESS

The "Aussie Great Again" Trade: AUD Breaches 70 US Cents

The "Aussie Great Again" Trade: AUD Breaches 70 US Cents

The Australian dollar has surged past the symbolic 70 U.S. cent mark for the first time since early 2023, signaling renewed investor confidence in the nation's economic resilience and sparking what analysts are calling the "Aussie Great Again" trade.
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STM Goods

How a Small Australian Firm Built the World's Most Imitated iPad Case

School systems reported high annual replacement spending, with some districts in the United States noting double-digit breakage rates among student-issued devices. Accessory makers moved to fill the gap, but few produced solutions built for the realities of daily use. STM Goods recognised the pattern forming earlier than most.
National Australia Bank

NAB Just Posted $7.1 Billion Profit — But Here's Why Investors Should Be Worried

National Australia Bank reported FY25 cash earnings of $7.091 billion (down 0.2%) and statutory profit of $6.759 billion (down 2.9%), missing analyst expectations. Credit impairment charges rose 14.4% while shares trade at 2.1x book value—a 38% premium to 10-year average and highest valuation in over a decade.

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