Both of these stocks are ecommerce companies. They both are involved in everything from online shopping to mobile services and cloud computing. They’re almost identical.
The trend here is down. Australia is becoming less competitive. The big question is where will it stop? How far down the list will we fall?
Foreign investors still see Australia as a resources economy. Foreign investors also see the Aussie dollar as a commodities currency.
These are all jobs that new technology is more efficient at. Farmers use high-tech tractors now instead of farm hands.
If you’ve been following the world of alternative investments, chances are you’ve at least heard of P2P lending. P2P (peer to peer) lending is a relatively new concept — in Australia at least.
A boon is coming for Aussie companies involved in aluminium. And for investors prepared to take on some risk there are big rewards up for grabs too.
NASDAQ Chief Executive, Bob Greifeld said, ‘(Blockchain) is the biggest opportunity set we can think of over the next decade or so.’
What matters for us is that it shows you the danger of lending and borrowing against values created in exchange and not from genuine production.
What this does both in Australia and in other developed countries is create a bit of a logistical problem.
Starpharma Holdings Limited [ASX:SPL] is a local biotech company based out of Abbotsford, in Melbourne. It specialises in dendrimer products. This morning, Starpharma announced a huge new deal. They’ve signed an agreement with international pharma giant AstraZeneca.