Issue #2

Firmus is about to test the ASX with one of the biggest listings in its history. Here is what actually makes a company decide to go public, how a bookbuild sets the price, and why many good companies never list at all.

Data centres' share of the grid is forecast to quadruple within a decade. One study warns of a sharp rise in wholesale power prices unless operators bring their own clean energy, which is exactly what Canberra now proposes.

A strong economy and a falling market look like a contradiction. There is a simple mechanism behind it, and once you understand it, market moves around rate decisions start to make sense.

ASIC's grace period for digital asset businesses ended on 30 September. Firms that applied for a licence in time are now in the queue. Those that did not risk heavy penalties, well before Australia's new crypto law begins.

The US sharemarket is more concentrated than at any time in six decades, and the bubble talk is everywhere. The comparison with the dot-com era holds on some measures and falls apart on others.

Savers are the early winners as the majors compete harder for deposits.

Super funds and offshore investors are backing purpose-built rental towers at an unprecedented pace.