ASX reporting season reveals some upside surprises
As week 2 of ASX reporting season rolls on we are starting to see the impact of the COVID-19 pandemic in results. Nonetheless there have been some upside surprises in the retail sector, largely driven by the shift in consumer spending. We take a look at reporting season so far.
Insurers doing it tough
FY20 has been a tough one for insurers, with the double whammy of COVID-19 and summer bushfires. Insurance Australia Group Ltd (ASX: IAG)saw profits fall 60% compared to FY19 due to natural peri…
