When Will Australia Legalise Recreational Cannabis?

Will Australia legalise recreational cannabis? It’s a burning question for many investors, but for now the answer isn’t clear.

Recreational cannabis remains illegal in all of Australia’s states and territories with the exception of the Australian Capital Territory (ACT). But could that change in the future?

So far there are no clear indicators as to when or if Australia could legalise recreational cannabis, but attitudes seem to be changing. Public support is growing, and there’s even some political acceptance.

Read on to learn more about when Australia may legalise recreational cannabis.

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Graphite Investing

ASX Graphite Stocks: 5 Biggest Companies in 2022

Many market watchers believe graphite miners and explorers may be poised to do well in the coming years. Read on to learn about the five top ASX-listed graphite miners by market cap.

As the demand for lithium-ion batteries continues to rise, so does the need for graphite. Alongside the traditional uses for the grey mineral like pencils, graphite is a key component in these batteries due to its electrical conductivity and the capacity to shorten charging times. Many experts believe graphite explorers and miners are in a good spot for the future.

With this in mind, it is worth being aware of the graphite miners on the market. To help investors with this, the Investing News Network has compiled a list of the top graphite miners on the ASX.

Below is a list of the top ASX graphite stocks by market cap. Data was collected from TradingView's stock screener on July 29, 2022.

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Gold Investing

ASX Gold Stocks: 5 Biggest Companies in 2022

There are many large Australian gold stocks, but these are the five top companies in the sector by market cap.

Australia is the fourth largest producer of gold worldwide, and this past year has brought ups and downs for the commodity.

At the beginning of the year, the gold price started off at a low with investors hoping to see it rise as the year progressed. That it did. With the onset of war in Ukraine, gold prices soared above US$2,000 per ounce, the highest price since August 2020. Since then, the price has yo-yoed down to the US$1,700 to US$1,750 range, now settling at US$1,800 in early August.

Despite the various ups and downs of its price over the years, the yellow metal is still considered a safe investment among expert investors.

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SmartNews

7 Key Findings About Australia's Cryptocurrency Market

Here, the Investing News Network dives into a recent report featuring key findings about Australia's cryptocurrency market.

Cryptocurrency is gaining momentum, finally moving from solely the hard drives and cloud storages of the techies and into the consciousnesses (and portfolios) of the common man.

Fittingly, for something literally named hidden money, cryptocurrency remains a largely unknown property for many people despite its increasing ubiquity. Is this new phenomenon here to stay as a valid means of transaction? Will it replace money entirely? Or will it only replace the 1990s’ dotcom bubble as a thing that rapidly expanded before bursting?

A recent (2022) Gemini report called Global State of Crypto Report, provides valuable insights about the field of cryptocurrency. Here, the Investing News Network dives into the report to give an overview of its findings about the cryptocurrency market in Australia.

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Australian Company News

Market News

Zip Kicks Off Brand Campaign to Attract New Customers Ahead of Holiday Shopping Season

The novel multi-media campaign, created in partnership with RGA, is built on the concept that consumers can Zip everything around them and pay in four installments Following its global rebrand this summer, digital payment pioneer Zip Co Limited today revealed a new multi-million dollar brand campaign – ‘Zip Now, Pay Later’ – across the U.S., to attract new customers to merchants ahead of the holiday shopping …

The novel multi-media campaign, created in partnership with R/GA, is built on the concept that consumers can Zip everything around them and pay in four installments

Following its global rebrand this summer, digital payment pioneer Zip Co Limited ( ASX: Z1P ) today revealed a new multi-million dollar brand campaign – ‘Zip Now, Pay Later’ – across the U.S., to attract new customers to merchants ahead of the holiday shopping season. From TikTok dance challenges to ‘earworms’ stuck in our heads and glam tips for Zoom calls, ‘Zip Now, Pay Later’ spotlights meme-worthy moments that have captivated millions, all demonstrating that Zip is not only part of the same cultural zeitgeist, but also the payment option of choice for modern consumers who are increasingly shunning credit cards for flexible, transparent digital payment options everywhere they shop.

News Provided by Business Wire via QuoteMedia

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Rio Tinto expands Pilbara presence with new Karratha Hub

Rio Tinto Iron Ore Chief Executive, Simon Trott and Rio Tinto Managing Director of Port, Rail and Core Services, Richard Cohen, joined community members, local businesses and representatives from local government to celebrate the official opening of its new community ‘Hub’ in Karratha. Located on Ngarluma country in the heart of Karratha’s CBD, the new Rio Tinto Karratha Hub will make it easier for local …

Rio Tinto Iron Ore Chief Executive, Simon Trott and Rio Tinto Managing Director of Port, Rail and Core Services, Richard Cohen, joined community members, local businesses and representatives from local government to celebrate the official opening of its new community ‘Hub’ in Karratha.

Located on Ngarluma country in the heart of Karratha’s CBD, the new Rio Tinto Karratha Hub will make it easier for local people to connect with our busines.

News Provided by Business Wire via QuoteMedia

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