If I were building an ASX share portfolio for the next 10 years, I would focus on companies with strong competitive advantages and plenty of opportunities to grow.

After all, I believe some of the best investment returns come from owning quality businesses and giving them time to compound their earnings.

With that in mind, here are three ASX shares I would happily buy and hold until 2036.

ResMed Inc. (ASX: RMD)

The first ASX share I would consider is ResMed.

ResMed has spent decades improving the treatment of sleep apnoea, building a business that extends well beyond simply selling medical devices.

Its ongoing investment in product development has made treatment more comfortable and convenient for patients, while its software helps healthcare providers monitor how effectively that treatment is working.

I believe this focus on innovation has been instrumental in establishing ResMed’s market-leading position, and there is still considerable room for growth.

After all, an estimated 1 billion people around the world suffer from sleep apnoea, with the vast majority undiagnosed.

With its financial strength, established market position, and commitment to innovation, I think ResMed has an excellent chance of becoming a significantly larger business over the next decade.

TechnologyOne Ltd (ASX: TNE)

Another ASX share I would buy and hold for a decade is TechnologyOne.

The enterprise software provider supplies essential systems to universities, councils, government organisations, and businesses.

Once customers adopt its software, switching to a competitor can be expensive and disruptive, helping TechnologyOne retain customers and generate recurring revenue.

And with organisations continuing to move their operations to the cloud, I believe there is plenty more growth to come.

At the end of March, TechnologyOne reported annual recurring revenue of $598 million. Management is now targeting more than $1 billion by FY 2030.

In light of this, I think TechnologyOne has the potential to continue growing strongly well beyond that target.

Wesfarmers Ltd (ASX: WES)

A final ASX share I would be happy to own for the next decade is Wesfarmers.

One of the reasons I have so much confidence in this company is its ability to adapt to changing consumer habits while continuing to grow its businesses.

Kmart is a good example. It has established itself as a destination for affordable everyday products, which has helped it win customers and grow its market share.

Meanwhile, Bunnings continues to strengthen its position in the home improvement market, with opportunities to grow sales among both DIY customers and professional tradespeople.

And with its healthcare division expanding, Wesfarmers is developing another business that could make a meaningful contribution to earnings in the years ahead.

Overall, I believe Wesfarmers has the financial strength, experience, and growth opportunities to keep delivering for shareholders well beyond 2036.

The post 3 ASX shares I'd buy and hold for the next 10 years appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in ResMed and Technology One. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended ResMed and Wesfarmers. The Motley Fool Australia has positions in and has recommended ResMed. The Motley Fool Australia has recommended Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The BHP Group Ltd (ASX: BHP) share price is in focus today after the mining giant released its operational review for the September 2026 quarter, highlighting steady iron ore production and stronger realised prices, despite a drop in copper output.

What did BHP report?

• Copper production fell 19% to 401 kt, while guidance for FY27 remains unchanged at 1,650–1,800 kt.
• Iron ore production increased by 4% to 66.5 Mt, with FY27 guidance at 260–272 Mt unchanged.
• WA Iron Ore (WAIO) set new mine and port records, achieving a 4% lift during significant planned maintenance.
• Steelmaking coal output edged up 1% to 4.9 Mt, and energy coal from NSW Energy Coal rose 26% to 4.4 Mt.
• Average realised prices were up for copper (US$7.01/lb, +53% YoY) and steelmaking coal (US$242.82/t, +34% YoY).
• No change to FY27 production or unit cost guidance across core divisions.

What else do investors need to know?

Two tragic fatalities were recorded at Escondida and Peak Downs during the quarter, prompting company-wide safety reviews and temporary operational pauses at affected sites. These events underscore BHP’s ongoing focus on safety, with senior management reaffirming the company’s goal of a fatality-free workplace.

BHP continues to advance its copper growth strategy, including progress at its South Australian Copper assets and pre-commitment funding for the Escondida New Concentrator in Chile. The company also updated Olympic Dam’s mineral resource base and announced its Oak Dam project will now be known as ‘Ankata’ following community consultation.

On the sustainability front, BHP’s BMA mines achieved 100% renewable electricity supply and the company completed a pilot with Amazon Web Services to sell credits for lower-emission copper.

What did BHP management say?

BHP Chief Executive Officer Brandon Craig said:

Our bulk commodities delivered a strong start to FY27 through a maintenance-intensive quarter. WAIO set records at both the mine and port, while BMA and NSW Energy Coal both delivered higher production than the same period last year. Stronger commodity prices provided a tailwind for earnings, particularly in copper where prices were around 50% higher than a year ago. We are building the next phase of growth in copper and potash. We continued to strengthen one of the world’s largest copper portfolios, from funding the Escondida New Concentrator in Chile to growing our resource base and long-term production potential at Copper South Australia, while also expanding our copper growth pipeline across the Americas. Jansen is rapidly taking shape, with Stage 1 now 87 per cent complete and on track for first production in mid-2027, adding a new and important commodity to our portfolio.

What’s next for BHP?

Looking ahead, BHP is maintaining guidance across all major commodities for FY27 with copper production expected to ramp up in the second half. Major growth projects, including the Jansen potash development in Canada, are progressing, with Stage 1 forecast for first production in mid-2027.

The group remains committed to advancing its decarbonisation agenda, deepening strategic partnerships, and supporting long-term demand trends, especially as demand for copper is buoyed by global electrification, Chinese and Indian infrastructure spending, and the burgeoning data centre market.

BHP share price snapshot

Over the past 12 months, BHP shares have risen 60%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has fallen 2% over the same period.

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The post BHP Q1 update: steady guidance, stronger prices, focus on safety appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The HUB24 Ltd (ASX: HUB) share price is in focus after the company delivered a strong start to FY27, posting net inflows of $4.0 billion for the September quarter and lifting total Funds Under Administration (FUA) to $168.6 billion, up 15% on the prior corresponding period.

What did HUB24 report?

• Total FUA grew to $168.6 billion as of 30 September 2026, up 15% year on year
• Platform FUA rose 18% to $143.7 billion
• Platform net inflows were $4.0 billion, down 23% on the previous corresponding period
• 45 new licensee agreements were signed in the quarter
• The number of active advisers increased by 211 to 5,860, up 12% on pcp
• HUB24 Platform ranked first for quarterly and annual net inflows for the eleventh straight quarter

What else do investors need to know?

HUB24 saw robust growth in its adviser base and continues to lead the market in platform net inflows and adviser satisfaction. The business signed 45 new licensee agreements and expanded the number of active advisers by 211, benefiting from strong demand for wealthtech solutions. The company also maintained its leading Net Promoter Score (NPS) in the Adviser Ratings 2026 Report, ranking first in nine out of eleven platform capability categories.

In its Class division, account numbers grew to 229,651 (up 6%), while NowInfinity document orders rose 9%. HUB24 also enhanced its private investment offerings and digital tools, including AI-powered features and expanded integrations, to support adviser productivity and client outcomes.

What’s next for HUB24?

HUB24 expects ongoing growth opportunities driven by demographic shifts, strong demand for financial advice, and transformation within the advice industry. The company will continue rolling out enhancements to its platform, such as myhub’s AI-driven features for advisers, and progress the acquisition of HTFS Nominees, pending regulatory approval. Management highlights ongoing product and service innovation as a strategic priority.

Looking ahead, HUB24 intends to broaden client access to private markets and further invest in technology to streamline adviser workflows and improve experiences. The company believes these initiatives position it well for the evolving wealth management landscape.

HUB24 share price snapshot

Over the past 12 months, Hub24 shares have declined 40%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 2% over the same period.

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The post HUB24 Q1 earnings: $4bn net inflows appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Hub24. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.