BHP stock is nearing its highest valuation in four years, trading at approximately 14 times forward earnings, driven by a shift from banks to mining amid a resurgence in Australian material shares. The mining sector is recovering from previous struggles due to China’s economic slowdown, with BHP shares closing at $41.47 on Monday as the “great rotation” continues.
Want More Context? 🔎
CEW pushes for gender targets to be linked to executive pay as equality progress stalls
Progress on gender equity in Australia’s ASX300 companies has stalled, with 18 firms lacking any women in executive roles and a third of these based in WA. Chief Executive Women urges linking gender targets to executive pay to enhance accountability, as only 44% of companies have set such targets, despite evidence that rigorous targets significantly improve gender balance. Want More Context? 🔎
Read more