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The Australian sharemarket fell 0.3 per cent on Friday but ended the week higher on US stimulus hopes. The sharemarket fell as big miners retreated on weaker iron ore prices. The sharemarket slumped to a three-week low as blue chips led the sharpest sell-off since September. The sharemarket limped to a fourth month of gains despite a late slide on Friday afternoon.
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Young Rich List 2025
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- The sharemarket finished at a fresh 11-month high on strength in bank stocks and a 13.2 per cent rally in News Corp shares.
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Daniel Roberts, a former Macquarie banker who runs the Nasdaq-listed data centres business, says the agreement is only the first of many as demand booms. Simon Beard, the founder of streetwear empire Culture Kings, wants to live as long as possible to enjoy his success. A roaring sharemarket, deep tax cuts and crypto riches are driving a younger cohort to invest in the world of floating luxury.
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The Young Rich List, now in its 21st year, sets a new high for total wealth of $41.7b, dominated by technology entrepreneurs and retailers. The definitive list of our next generation of entrepreneurs, aged 40 and younger. The definitive list of our best and brightest next generation of entrepreneurs, aged 40 and younger.
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