Mobile Investing in Australia

After lagging behind for a prolonged period, Australia's tech sector is ramping up at an accelerated pace. The tech sector is now equivalent to 8.5 percent of the country's GDP as of the end of 2021, an increase of 26 percent since the onset of COVID-19 through June 2021 and a massive 79 percent increase over the past five years. Tech contributes AU$167 billion to the Australian economy, trailing only the mining (AU$205 billion) and financial/insurance (AU$169 billion) sectors.

Australia's characteristically resilient economy — which had not experienced a recession in nearly 30 years prior to COVID-19 lockdowns — has provided a sturdy backdrop for its growing tech sector. The growth in the tech sector’s contribution to the GDP has outpaced average growth of other industries by more than 400 percent, a gain partly attributable to accelerated digital technology adoption during the pandemic.

This dramatic expansion is largely in response to Australia's need to catch up to the rest of the world and assert itself in the global tech marketplace. Should the tech sector continue to grow at its current rate it will eventually surpass the relative GDP contribution of the long dominant mining sector. This will also complete the process of bringing Australia more in line with other western economies such as the UK, and notably Canada, which is comparable to Australia in terms of its dominant mining and agricultural industries.

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Revenue from Australia's mobile sector is expected to grow from AU$9.6 billion in 2021 to AU$11.2 billion in 2026. Here's what to know about this industry.

SmartNews

Decentralised Finance: How Australia Fits into the Picture

DeFi, short for "decentralised finance," is a promising component of our brave new crypto world. The DeFi sector in Australia is here to stay, but what should investors know about this space?

DeFi offers an alternative to traditional financial services and institutions by bypassing banks, brokers, exchanges and other "middlemen" that serve as financial intermediaries that regulate the markets. In effect, DeFi is evolving into a parallel financial framework that facilitates and records transactions involving financial instruments and payment mechanisms chiefly related to trading and lending operations.

The DeFi market is currently expanding at an explosive rate. According to figures released by DeFi Llama, cryptocurrency investors have put up US$250 billion worth of assets as collateral in various DeFi projects, funds which are then lent out in the form of cryptocurrency loans. As more and more institutional investors enter the DeFi sector, the market is expected to expand to US$800 billion by the end of 2022.

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What is decentralised finance and what should investors know about this space in Australia? Find out here.

Investing in Silver Bullion in Australia

When one thinks of investing in precious metals, gold is often seen as the main option owing to its historical profile as a safe haven metal and hedge against inflation and stock market volatility. However, investors should also consider silver as an attractive alternative to gold with equal if not greater upside potential.

In a February interview with Investing News Network, David Morgan of the Morgan Report said he expects silver to break through the US$30 per ounce mark in 2022 and trade in the US$33 range. That would represent a gain of more than 30 percent over the current price of silver, which was trading in the range of US$24 to US$25 as of April.

While the price of silver tends to rise and fall alongside that of gold, silver's valuation is generally more volatile — slower to move in either direction, but more prone to abrupt spikes and plunges. Interestingly, over the last five years, the price of silver has risen by approximately 25 percent, an almost identical increase to that of gold. In addition, silver has tended to outperform gold during bull markets.

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Here's everything you need to know about investing in silver bullion in Australia.

The Future of Hydrogen in Australia

For decades, hydrogen has been hailed as a potentially revolutionary alternative to fossil fuels. Today, ASX investors are paying increasing attention to the hydrogen sector as the world's leading oil, gas and steel companies ramp up expenditure in this promising alternative energy source.

Australia, like most western nations, is determined to decarbonise its economy as part of the global transition toward renewables. Many industries now face strict targets for reducing emissions, and new technologies are being developed to produce clean, "green" hydrogen that will have a sweeping impact in diminishing the carbon footprint left by Australia's steel and coal industries.

The rapid growth of the Australian hydrogen industry is being driven by massive investments in the "green" hydrogen sub-sector as opposed to the dominant form of "grey" hydrogen that is produced via carbon energy sources.

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The rapid growth of the Australian hydrogen industry is being driven by massive investments in the "green" hydrogen sub-sector.

Copper Investing

EV Copper Use to Rise, How Australia Can Help Fill Demand

One of the key steps to reducing our carbon footprint is decarbonising the transport sector. To that end, the world's leading car and truck manufacturers are racing to develop battery-powered electric vehicles (EVs) that will ultimately bring about the end of the internal combustion engine (ICE).

According to the International Energy Agency, EVs comprised 9 percent of total global vehicle sales in 2021 as electric car sales more than doubled to 6.6 million — that's triple their market share from two years earlier.

Australia is no exception — sales in the country tripled in 2021 to 20,665 EVs, up from 6,900 in 2020. Market share came in at 2 percent of all car sales in the nation versus 0.78 percent in 2020, as per the EV Council of Australia.

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Lithium receives most of the attention when it comes to electric vehicles, but copper's role is becoming increasingly vital. Australia is positioned to help feed demand.

Hydrogen Investing in Australia

Hydrogen has long been touted as the most important clean energy source of the future. However, 99 percent of hydrogen produced today is derived from power generated by coal or gas.

Thanks to technological advances and massive new investments made by the public and private sector, the industry is now making the critical transition towards clean "green" hydrogen — in other words, hydrogen that is produced via zero-carbon and low-carbon energy sources.

Australia, like most western nations, is determined to decarbonise its economy as part of the global transition toward renewables. Many industries now face strict targets for reducing emissions as part of the drive to lessen the carbon footprint left by Australia's steel and coal industries.

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Wondering about the future of hydrogen in Australia? Here's an overview of investing in hydrogen in the country.

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