ASX growth shares can be some of the best investments to own because of how quickly they can compound in scale.

If revenue and potentially profit double in a relatively short amount of time, that could send the share price shooting higher.

There are plenty of businesses growing quickly, and the experts at Wilson Asset Management have picked out some specific names that could be compelling.

One of the businesses that could be a particularly attractive investment is Dxn Ltd (ASX: DXN). It’s a pick in the WAM Active Limited (ASX: WAA) portfolio, a listed investment company (LIC) that targets mispricing opportunities in the Australian market.

What makes this ASX growth share attractive?

DXN is a modular data centre manufacturer and operator with a presence across the Asia-Pacific region. It says it works with major government and blue-chip enterprise customers.

It recently established its first manufacturing footprint outside Australia, with a wholly owned manufacturing facility in Johor, Malaysia. The company said that current manufacturing expansion plans support future capacity growth.

The company has also established a non-binding joint venture with Super Sistem Indonesia (SSI), an existing customer and Indonesian critical digital infrastructure operator, to build a strategic footprint in a region observing rapid digital infrastructure growth.

Wilson Asset Management noted that the DXN share price rose by 53% in September as investors continued to respond positively to the company’s FY26 result, which was released at the end of August.

That result highlighted a record order backlog and growing demand for artificial intelligence (AI) related data centre infrastructure.

WAM said it remains positive on DXN’s outlook due to its growing exposure to the rapidly expanding AI data centre sector, supported by “strong contract momentum” and pipeline opportunities across Australia and the Asia-Pacific region.

The fund manager highlighted that speed to market is an increasingly critical factor in the sector. It’s rapidly expanding capacity throughout Australia and Asia, with delivery across multiple customers.

In the FY26 update, the company said that it secured its maiden high-performance computing (HPC) contract and established a pathway to campus-scale, indicatively valued at US$200 million, though it’s contingent on the successful delivery of the proof-of-concept module.

DXN also said in its FY26 results that it entered FY27 with growing demand across AI infrastructure markets, with its second AI HPC contract win valued at approximately $12.2 million. The ASX growth share said this demonstrates “repeatable demand for DXN’s AI-ready modular platform across markets”.

Overall, this company is tapping into an area of strong growth where a lot of real money is being spent.

The post This is an exciting ASX growth share that experts think is a buy appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

At age 60, you’ve reached your first major superannuation milestone.

Age 60 is the preservation age where you can start accessing your superannuation tax-free, provided you’ve permanently retired.

It’s the ultimate transitional year for both your super and your retirement. It triggers a shift between your accumulation phase to a partial or full pension phase, bridging the gap between your working years and your retirement years.

But not everyone is ready. 

If you’re not prepared to quit employment, or you’re worried you haven’t got enough saved away, you can hold off until you reach age 65. At this point, you have full access to your superannuation savings regardless of whether you’re still working or not.

At this point, you should have a retirement budget and a plan, and most importantly, know whether your superannuation is on track to meet your goals.

So, what does it cost to retire in Australia in FY27?

And how much superannuation should you have saved at age 60 to afford the retirement lifestyle you want?

Here’s a breakdown.

The cost of retirement in Australia

Non-profit advocacy bodies have spent years trying to calculate benchmarks for Aussies in retirement.

The Association of Superannuation Funds of Australia (ASFA) has created a retirement standard with two main options for retirement: a modest lifestyle and a comfortable one. Both calculations assume you own your home outright and that you’ll receive at least a partial Age Pension payment.

A modest retirement means you’d need to live on a tight budget in your retirement. It assumes you can cover very basic needs and requirements, including food costs, essential bills, low-tier health insurance, and minimal leisure activities or meals out.  ASFA estimates this will cost single retirees around $36,548 per year and around $52,690 for a couple. 

Then there is the comfortable retirement option. This is one that allows retirees to have a good standard of living well above the bare minimum. It allows Australians enough money to finance top-tier private health insurance, a reasonable grocery budget, home repairs, regular leisure activities, meals out, or some travel. It is expected to cost around $56,166 per year for singles or $78,998 for couples. 

But not every estimation is the same. 

SuperGuide uses a different, more straightforward calculation. It assumes that you’ll need around 70% of your annual working income to maintain your lifestyle in retirement (assuming you own your home outright and that you’ll retire at age 65).

So how much do I need in my superannuation to afford to retire?

Assuming you’re going for a comfortable retirement, using ASFA’s figures, single Australians will need around $630,000 in superannuation, or couples could use closer to $730,000.

The catch is that these figures assume you’ll retire at age 67 and need to fund around 10 to 15 years of retirement living.

SuperGuide’s calculation depends entirely on the pre-retirement income you’re happy to live off. 

For example, if you earn around $100,000 per year before you retire, you’ll need around $750,000 to $1.125 million in your super at retirement, assuming you need to fund the same 10 to 15 years.

How much should I have in my superannuation at age 60 to reach this goal?

I’ve crunched the numbers using ASFA’s online super detective tool and, assuming you have an income of around $100,000 per year, Australians should aim to have a superannuation balance of around $457,500 by age 60 to be on track for retirement at age 67.

Of course, some Aussies don’t want to wait that long. If you want to retire a couple of years earlier, around age 65, you’ll need to have closer to $505,000 saved by the time you’re 60.

To get SuperGuide’s $750,000 in your superannuation at age 65, you need approximately $534,000 to $588,000 at age 60. For the higher $1.125 million bracket, you’d need approximately $765,000 to $881,000 at age 60 to be considered on track.

How does this compare to your own superannuation balance?

The post How much should I have in my superannuation by age 60? appeared first on The Motley Fool Australia.

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Motley Fool contributor Samantha Menzies 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Contact Energy Ltd (ASX: CEN) share price is in focus today as the company released its September 2026 Monthly Operating Report, revealing mass market electricity and gas sales rose to 484 GWh, up from 372 GWh a year ago, while the wholesale business saw total net revenue per MWh decline compared to last year.

What did Contact Energy report?

• Mass market electricity and gas sales were 484 GWh (September 2025: 372 GWh)
• Mass market netback was $145.99/MWh (September 2025: $150.12/MWh)
• Wholesale contracted electricity sales were 978 GWh (September 2025: 986 GWh)
• Electricity and steam net revenue was $147.46/MWh (September 2025: $162.48/MWh)
• Electricity generated or acquired for the month was 1,069 GWh (September 2025: 1,106 GWh)
• Unit generation cost (including acquired generation) fell to $37.83/MWh (September 2025: $48.79/MWh)

What else do investors need to know?

Contact Energy is progressing major renewable projects, with the Te Mihi Stage 2 geothermal plant expected online in Q3 of calendar 2027 at a project cost of $712 million, and the Glenbrook-Ohurua Battery 2 and Glorit Solar projects following in 2028. The company’s contracted gas volume for the next 12 months is 8.5 petajoules, while hydro storage levels in the South Island remain well above historical averages at 135% of mean.

New Zealand’s national electricity demand for September 2026 was down 0.5% against last year, despite the average temperature being higher than usual. Contact Energy saw growth in customer numbers and continued its strong focus on sustainability, reporting a drop in greenhouse gas emissions intensity.

What’s next for Contact Energy?

Contact Energy is actively building out its renewable generation capacity, with three large projects under way to support New Zealand’s low-carbon future. The company’s focus remains on maintaining reliable supply, managing costs, and progressing its environmental initiatives while meeting community and customer needs.

The ongoing investment in geothermal, battery, and solar capacity is expected to underpin future earnings growth. Contact Energy will keep monitoring market conditions and energy demand as it delivers on its development pipeline.

Contact Energy share price snapshot

Over the past 12 months, Contact Energy shares have declined 16%, trailing the S&P/ASX 200 Index (ASX: XJO), which has declined 3% over the same period.

View Original Announcement

The post Contact Energy: September 2026 monthly operating results 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 no position in any of the stocks mentioned. 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.