Investors appear to be heading into reporting season with tempered optimism, despite households feeling the pinch from higher interest rates and ongoing geopolitical uncertainty.
The era of golden handcuffs might be over thanks to compulsory superannuation, but Australian bosses are finding new ways to keep staff loyal: non-compete clauses.
It’s the prospect of lower interest rates, not better earnings, that has driven the market to a new high. But investors should be careful of pricey stocks.