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With Australia’s cash rate now at a 15-year high, money in the bank finally pays something again, but inflation and higher borrowing costs still eat into real wealth. That is why investors are paying closer attention to companies with solid returns on equity, resilient balance sheets and a history of holding up under pressure. This article highlights three such Australian stocks drawn from that quality focused group. The three examples in this piece are only a starting sample from that...
Investing.com -- Codan (ASX:CDA) shares surged to a record high on Tuesday after the Australian communications technology company sharply raised its first-half profit outlook on strong demand from drone manufacturers.
New rules on financial transparency in global supply chains are putting weak balance sheets under the microscope. Businesses that cannot clearly show lenders and customers they are financially sound may find contracts harder to win and funding tougher to access. That creates an opening for Australian companies with strong returns, healthy finances and disciplined track records. This article walks through three stocks that clear that higher bar. The three stocks covered below are just a sample...
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