The early wave of 2022 profit reports from the ASX’s blue chips shows Australian businesses have largely weathered the pressures from rising costs and choked supply chains to deliver durable earnings, according to UBS.
“Early signs suggest that this will again be a results season in which companies show their durability in the face of multiple supply-side challenges and a softening demand picture,” said Richard Schellbach, equity strategist for UBS, in a research note. “Thus far it has been the banks that have provided the best barometer on the market’s overall health, with their results being on balance positive, and pointing towards an economy which will decelerate, but avoid recession,” Mr Schellbach said., the highest level in two decades.1.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Four ways to best use your tax refundWhile many will use their refund to help pay fast-rising bills, those who can afford it should consider putting it towards things that can help boost their long-term wealth. | OPINION by jcollett_money jcollett_money Why are you blocking people from being able to comment on your Murdoch tweet…? jcollett_money Hey AlboMP JEChalmers wonder how you will spend you tax break money! Most Australians struggling to make ends meet will use theirs to pay bills! Politicians on the money gravy train, don't see too many poor Politicians!!
Source: theage - 🏆 8. / 77 Read more »
Judiciary Report: Suaalii, Leilua, Burton, Matterson all charged🚨 Judiciary Report 🚨 Roosters young gun Joseph Suaalii has been charged by the Match Review Committee following a high tackle on Cowboys half Tom Dearden during his side's win on Saturday 👇 This is child abuse
Source: NRL - 🏆 19. / 59 Read more »
Four ways to best use your tax refundExperts give their top tips on how to make the most of your 2022 tax refund. jcollett_money Crack ?
Source: smh - 🏆 6. / 80 Read more »
Is it time to increase your allocation to bonds?While they haven’t been a buffer in the first half of 2022, the returns enjoyed by bondholders in July have been significant.
Source: FinancialReview - 🏆 2. / 90 Read more »
AFL 2022 round 22 LIVE updates: Dees and Blues headed for thrilling finish, Eagles giving Freo stern testFollow all the Round 22 action from our live AFL Saturday mega blog as the Western Bulldogs face GWS, North Melbourne tackle Adelaide, Geelong meet Gold Coast, Melbourne battle Carlton and Fremantle take on West Coast.
Source: theage - 🏆 8. / 77 Read more »
Life coaches pivot to divorce after spike in marriage breakdownsFrom divorce retreats featuring legal advice with a side of yoga to a self-styled “divorce cowboy” offering coaching for men based in a paddock with horses, welcome to separation in 2022. | niltiac
Source: theage - 🏆 8. / 77 Read more »