Market Update – Budget

Monday, May 18 2015

Last night the Abbot government handed down their second budget. In contrast to their first, policymakers sacrificed ambitious savings in a bid to win back voters and as a result produced a softer budget.

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Market Update – BHP / South32

Monday, May 18 2015

In August last year, BHP proposed the demerger of its non-core mines. The rationale was so BHP could focus more effectively on what it saw as its four key pillars being coal, iron ore, copper and petroleum. On Wednesday shareholders in BHP voted to approve the spinoff of these assets, which include manganese, aluminium, silver, […]

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