Category: Stock Market

The Santos Ltd (ASX: STO) share price is in focus today after the company’s second quarter report showed sales revenue rose 6% to $1,349 million, as overall production increased 3% on the prior quarter.

What did Santos report?

• Sales revenue for Q2 2026 was $1,349 million, up 6% quarter on quarter
• Production reached 23.1 million barrels of oil equivalent (mmboe), up 3% compared to Q1
• First-half production: 45.6 mmboe; full year guidance narrowed to 99–105 mmboe
• Free cash flow from operations for H1 was approximately $378 million, impacted by commissioning and timing items
• Capital expenditure $481 million in Q2; 20% lower in H1 versus last year, reflecting project transitions
• Realised LNG pricing increased to $11.21 per mmBtu, a 4.9% rise on Q1

What else do investors need to know?

The Barossa project reached 97% of planned production rates, with cargoes now being loaded around every eight days. The Pikka Phase 1 development is progressing, with first oil wells online and plateau production expected in Q3.

Santos made significant progress on several projects, taking a final investment decision for both the Agogo Production Facility tie-in and PNG LNG oil infill campaign. These are expected to deliver strong internal rates of return. The company also secured a new 10-year gas sales agreement with the South Australian Government, with proceeds funding the Moomba Central Optimisation project.

The half was impacted by timing of cargo receipts and an under-lift position in PNG (about 1.3 mmboe), which is expected to be reversed in the second half. Higher realised LNG pricing and expected production uplift are likely to boost free cash flow in the latter half of 2026.

What did Santos management say?

Santos Managing Director and CEO Kevin Gallagher said:

Production increased towards the end of the second quarter as Barossa ramped up and Pikka came online, with Barossa now producing at 97 per cent of planned rates. The challenges encountered during commissioning activities have essentially delayed our transition to a higher production, higher cash flow generating portfolio, until the second half of the year. Subsequently, we expect continued strong production growth through the third quarter as Barossa maintains steady state production and Pikka grows to plateau rate

2026 was always going to be a transition year for Santos with two major development projects coming online and significant commissioning activities to be completed before establishing steady-state performance at both assets. Our initial production guidance had a large band of uncertainty as a result. However, with Barossa’s ramp-up nearing completion and Pikka’s first wells online, we have narrowed our production guidance to 99 to 105 mmboe for the full year.

What’s next for Santos?

Looking ahead, Santos expects production to grow further as Barossa maintains high output and Pikka moves to plateau rates in the third quarter. The company targets full-year production of 99–105 mmboe and is optimistic about stronger realised LNG pricing in the second half, due to industry pricing lags.

Strategically, Santos will remain focused on completing its ongoing development projects, including new drilling across PNG and Australia, and progressing carbon capture initiatives. Management will review cash flow timing in relation to the interim dividend, with strong operational momentum expected in the second half.

Santos Limited share price snapshot

Over the past 12 months, Santos shares have risen 1%, matching the S&P/ASX 200 Index (ASX: XJO), which has also risen 1% over the same period.

View Original Announcement

The post Santos reports higher Q2 revenue as Barossa, Pikka ramp up appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Thursday
• The Santos share price is in the spotlight this week. Here’s why
• 5 things to watch on the ASX 200 on Wednesday
• 5 things to watch on the ASX 200 on Tuesday
• 5 things to watch on the ASX 200 on Monday

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.

The team at Shaw and Partners has run the ruler over some up-and-coming ASX mining companies they believe could deliver serious upside.

They’ve picked two gold companies and a copper company, which they think could outperform.

Let’s see who they like.

Strickland Metals Ltd (ASX: STK)

Shaw and Partners has just initiated coverage on this company, which owns the Rogozna gold and base metals project in southern Serbia.

The company’s shares are down about 40% over the past 12 months, but the broker thinks they could more than double from this lower base.

Shaw and Partners said the company’s “substantial existing resource” of 9.3 million ounces at 1.33 grams per tonne of gold equivalent had high growth potential.

They added:

Optionality across the four Rogozna deposits could potentially allow staged entry and ramp-up of mining and processing. We expect a maiden prefeasibility study late CY27. We find the market is materially undervaluing Rogozna’s deposits and overestimating current regulatory concerns. Indeed, Zijin Mining recently increased its STK ownership to 7.4%.

Shaw and Partners said regulatory and project derisking could increase their valuation to 30 cents per share, up from 20 cents, while the current share price is 8.5 cents.

The broker added:

Due to Rogozna’s vast scale, STK has substantial further re-rate potential from delivering project studies and progressing towards production.

AIC Mines Ltd (ASX: A1M)

AIC recently announced guidance for the current year and a three-year growth outlook for its Eloise and Jericho copper mines.

The company said it was “an exciting time” as it transitioned from a small-scale, single-mine operation to a 1.5 million tonne per annum dual-mine operation producing 25,000 tonnes per annum of copper concentrate.

For the current year, AIC said it expected to produce 17,500 to 18,000 tonnes of copper, weighted to the second half of the year.

Guidance for the following year was for production of 20,000 to 22,000 tonnes, increasing to 25,000 to 27,000 tonnes in FY29.

Shaw and Partners has a price target of $1.10 on AIC shares, compared to the current price of 69 cents.

Aurelia Metals Ltd (ASX: AMI)

Shaw and Partners said Aurelia recently delivered “standout” results for its fourth quarter, “highlighted by gold production beating the top end of its recently upgraded guidance, generating the highest quarterly operating cash flow since 2018, and sharply improving balance sheet liquidity following the close of a new financing package”.

The broker added:

The operational turnaround, outstanding cash generation, and finalised debt structure sets a firm foundation for FY27.

Shaw and Partners has a price target of 50 cents on Aurelia shares compared to 33 cents currently.

The post 3 ASX mining companies which could return 50% to 130%: Broker appeared first on The Motley Fool Australia.

More reading

• This ASX copper producer will jump 40% to 80%, brokers say
• Why this ASX copper stock could rise 30%+ in 12 months
• Forget Rio Tinto and buy this ASX copper share
• Why Aurelia Metals, Beach Energy, IAG, and Rio Tinto shares are falling today

Motley Fool contributor Cameron England 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 PolyNovo Ltd (ASX: PNV) share price is in focus today after the medical technology company reported record group revenue of $150 million for FY26, up 16.1%, alongside strong cash flow and expanding sales in the United States and globally.

What did PolyNovo report?

• Group revenue rose 16.1% to $150 million (20.3% growth at constant currency).
• Commercial sales climbed 16.7% to $138.4 million, with US commercial sales up 15.6% to $102.1 million.
• NovoSorb MTX commercial sales nearly doubled, up 89.6% over the year.
• Operating cash flow improved to $24.0 million, including $3.5 million from an insurance claim.
• Free cash flow turned positive at $10.4 million (from negative $10.1 million the previous year).
• Cash and cash equivalents stood at $35.4 million as at 30 June 2026.

What else do investors need to know?

PolyNovo completed construction of its new manufacturing facility this year, helping to increase production output and set the stage for expanded commercial opportunities. Only $1.5 million of the total capital expenditure is outstanding, relating to additional machinery planned for FY27.

The company is continuing to finalise its insurance claim following a fire at its R&D Innovation Centre in late 2025. PolyNovo has received $3.5 million in payments so far, with further amounts expected in the first half of FY27. The finalisation of EBITDA and NPAT figures is pending as full accounts are completed.

What did PolyNovo management say?

Bruce Peatey, Chief Executive Officer of PolyNovo, said:

We’re pleased to have finished the financial year strongly, with record sales recorded in the U.S. in June and manufacturing production output increasing significantly compared to H1, increasing gross margin and profitability for the year and therefore an improved cash position. The competitive environment in the U.S. continues to evolve following significant shifts to the reimbursement landscape, and additionally we’ve experienced seasonal decline to the presentation of major burns across many direct markets. However, the performance of our products is undisputed. The strategy employed to date, leveraging our strength in major trauma and burns to drive clinician confidence elsewhere, is succeeding, as we see total revenue associated with other complex wound indications growing at a faster rate than large burns.

What’s next for PolyNovo?

Looking ahead, PolyNovo says it is well placed to keep delivering sustainable growth into FY27, supported by expanded manufacturing capacity and further product catalysts. The company remains focused on the commercial launch of NovoSorb SynPath and capitalising on growing use of its MTX product.

Management also highlighted ongoing investment in its United States sales team, expanded market presence, and new leadership appointments, following a recently completed strategy review. PolyNovo will detail its full FY26 results and updated strategy in August 2026.

PolyNovo share price snapshot

Over the past 12 months, PolyNovo shares have declined 26%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 1% over the same period.

View Original Announcement

The post PolyNovo FY26 earnings: Record revenue and cash flow appeared first on The Motley Fool Australia.

More reading

• Canaccord Genuity picks its top 3 ASX industrial shares
• Santos reports higher Q2 revenue as Barossa, Pikka ramp up
• 3 ASX mining companies which could return 50% to 130%: Broker
• Sandfire Resources posts record sales and cash in strong FY26 finish
• 3 shares with above average dividend yields to supplement your superannuation

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 positions in and has recommended PolyNovo. 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.

The Sandfire Resources Ltd (ASX: SFR) share price is in focus after the copper miner reported record quarterly sales revenue of $574 million and an increase in net cash to $353 million at 30 June 2026.

What did Sandfire Resources report?

• Group copper equivalent (CuEq) production rose 38% in Q4 FY26 to 47.6kt; annual production reached 154.2kt, within guidance
• Quarterly group sales revenue of $574 million, a new record
• Underlying EBITDA reached $343 million in Q4 FY26; FY26 Underlying EBITDA expected to total $867 million
• Net cash position of $353 million at 30 June 2026 (vs $123 million net debt at 30 June 2025)
• MATSA and Motheo operations delivered record mill throughput and a significant production uplift
• FY27 group CuEq production guidance set at 150–166kt

What else do investors need to know?

Sandfire finished the year with a strong safety performance, recording a Total Recordable Injury Frequency (TRIF) of 1.6 and continuing initiatives to improve workplace safety across its operations. Both the MATSA mine in Spain and Motheo in Botswana achieved operational milestones – MATSA delivered record throughput with cost reductions, while Motheo ramped up A4 open pit commercial production and mill rates.

The company continued to invest in future growth, spending $7 million on regional exploration and $5 million on near-mine drilling during Q4 FY26. Notably, initial work began on the Kalkaroo Copper-Gold Project in South Australia, where an 80-person site camp has been established alongside a pre-feasibility drilling program.

What did Sandfire Resources management say?

Commenting on the quarter, Sandfire’s CEO and Managing Director, Brendan Harris, said:

Following a somewhat challenging start to the year, our talented people delivered a 38% increase in copper equivalent production in the June quarter to comfortably achieve annual production guidance for FY26. This particularly strong finish to the year was underpinned by a 65% increase in quarterly copper equivalent production at Motheo, where our higher grade A4 open pit achieved commercial production and mill throughput rose to a record 7.1Mtpa rate, and a 22% increase in contained metal volumes at MATSA, where we achieved another record annualised processing rate.

What’s next for Sandfire Resources?

Looking ahead to FY27, Sandfire expects group copper equivalent production in the range of 150,000 to 166,000 tonnes. The miner projects only incremental rises in operating unit costs at both MATSA and Motheo, despite increased capital investment to accelerate exploration and development, particularly in South Australia and Botswana.

Plans also include progress on sustainability, with large-scale solar facilities under construction at both MATSA and Motheo. Sandfire will provide more detailed FY27 guidance with its full-year results.

Sandfire Resources share price snapshot

Over the past year, the Sandfire Resources share price has outperformed the ASX 200 index with a 65% gain, buoyed by strong earnings and production results.

View Original Announcement

The post Sandfire Resources posts record sales and cash in strong FY26 finish appeared first on The Motley Fool Australia.

More reading

• 7 ASX shares catching broker upgrades this week

Motley Fool contributor James Mickleboro 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.

For retirees living off superannuation, dividend investing can be a great strategy to generate a steady stream of income without having to regularly sell shares. 

By investing in quality companies that pay consistent dividends, retirees can help support their living expenses. Dividend shares allow this while still giving their portfolio the opportunity to grow over the long term.

The balancing act 

When choosing dividend shares, it’s important to look for a balanced dividend yield rather than one that is extremely high.

A high dividend yield can sometimes be a warning sign that the company’s share price has fallen due to financial problems. This can make the dividend harder to sustain. 

On the other hand, a very low dividend yield may provide little income and could indicate that the company prioritises growth over returning profits to shareholders. 

A balanced dividend yield often suggests that the company is financially stable, generates consistent earnings, and is able to reward shareholders while still investing in its future.

What is considered a good yield in Australia?

For years, the ASX has been one of the best places in the world for dividend investors.

Australian companies have a long history of paying generous dividends. This has made the local share market a favourite among investors looking to build a reliable stream of passive income.

The numbers back it up. According to S&P Global, the S&P/ASX 300 Index (ASX: XKO) had a trailing 12-month dividend yield of 3.5% as of 31 December 2024. 

That’s comfortably ahead of Europe (3.2%), Canada (2.8%), and the United States (1.8%).

For retirees looking to better this number, here are three ASX dividend shares that could supplement your superannuation that beat this 3.5% benchmark. 

Harvey Norman Holdings Ltd (ASX: HVN)

Harvey Norman is a popular dividend stock because of its strong cash generation, fully franked dividends, and history of returning excess capital to shareholders. 

Bell Potter is forecasting fully franked dividends of 31.1 cents per share in FY 2027. This is followed by 33.3 cents per share in FY 2028. 

This results in a dividend yield of over 6% over the next two years. 

Propel Funeral Partners Ltd (ASX: PFP)

Another option to generate passive income alongside your superannuation is Properl Funeral Partners. 

It is an attractive dividend stock because of its defensive business model, recurring demand, and consistent earnings growth.

Based on the forecast on CMC Invest, the potential grossed-up dividend yield for FY26 is 5.5%, which could rise to over 6% by FY28. 

Collins Foods Ltd (ASX: CKF)

Collins Foods Ltd is another stock offering above average yields. 

It is a solid dividend stock because its ownership of established quick-service restaurant brands, including KFC operations in Australia and overseas, provides resilient cash flows that support reliable dividend payments over time.

Morgans is forecasting fully franked dividends per share of 31 cents in FY 2027 and 35 cents in FY 2028. 

This equates to a yield of around 4%. 

The post 3 shares with above average dividend yields to supplement your superannuation appeared first on The Motley Fool Australia.

More reading

• How much do I need in my superannuation to earn $7k per month in passive income?
• 3 ASX dividend shares to buy with 5%+ yields
• 1 ASX dividend stock down 34% I’d buy right now
• How much is needed in superannuation to target a $100,000 annual passive income?
• Top brokers name 3 ASX shares to buy next week

Motley Fool contributor Aaron Bell 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 positions in and has recommended Harvey Norman. The Motley Fool Australia has recommended Collins Foods. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX defence stocks enjoyed a surge in 2025 and 2026. 

This surge was driven by a combination of rising global geopolitical tensions, increased defence spending by Australia and its allies, and strong investor demand for companies exposed to military technology, drones, cybersecurity, and advanced manufacturing. 

One ASX defence stock that rode these tailwinds to significant gains was Elsight Ltd (ASX: ELS). 

Riding tailwinds

Elsight  is a supplier of communication modules to drone OEMs and the company offers advanced communication components for unmanned systems (aerial, ground and sea) systems through its flagship product, the Halo platform.

The platform aggregates all available communication paths into one resilient, encrypted pipe for beyond visual line of sight (BVLOS) control, video and telemetry.

Increased defence spending and a series of big contract wins saw this ASX defence stock rise over 800% in 2025. 

However, in 2026, it has experienced some volatility, and it remains up over 80% year to date. 

Yesterday, the company released quarterly results and this subsequently sent the stock price down 10%. 

What did the company report?

As reported by The Motley Fool yesterday, Elsight reported: 

• Customer receipts of US$5.4 million for the June quarter (US$13.6 million year to date)
• Net operating cash outflow of US$175,000 for the quarter, with a 6-month net inflow of US$3.8 million
• Net cash used in investing activities totalled US$619,000 for the quarter
• Net cash from financing activities of US$296,000 in the quarter, mainly from option exercises
• Cash and cash equivalents at quarter end of US$63.3 million
• 361 estimated quarters of funding available at current cash burn rates. 

However, it seems investors were left wanting more as they largely exited their positions in this ASX defence stock. 

What is Bell Potter’s updated view?

Following the results, Bell Potter released updated guidance on this ASX defence stock. 

The broker said the company delivered a stronger-than-expected 2Q26 result, with revenue and first-half earnings ahead of forecasts. 

This was supported by strong operating leverage, slower cost growth and healthy profitability, while cash generation and the balance sheet remained solid. 

Additionally, the company continued to diversify beyond OEM customers, secured its first paying government customer for its Stealth Initiative business, and remains on track to launch its non-GNSS positioning capability in late CY26.

As a result, the broker retained its buy recommendation and increased its price target to $8.20. 

From yesterday’s closing price, this indicates an upside potential of 27%. 

ELS continues to observe strong order flow across defence and commercial customers across the US, Europe and the Middle East driven by sector tailwinds and the impact of ELS direct sales team, which was established in the prior year and is now contributing to both pipeline growth and order conversion.

The post After crashing 10% on results, is this ASX defence stock a buy, hold or sell? appeared first on The Motley Fool Australia.

More reading

• Broker tips up to 72% upside for one of these ASX shares 
• Elsight delivers solid cash flow in June quarter
• Why Nick Scali shares are set for a 36% rebound: Expert
• Top broker tips 47% upside for this ASX financials stock 
• 2 ASX small-caps with 40% upside

Motley Fool contributor Aaron Bell 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 James Hardie Industries PLC (ASX: JHX) share price is in focus after the company’s preliminary first quarter FY27 results showed net sales and adjusted EBITDA surpassing previous company guidance, thanks to robust demand in Siding & Trim.

What did James Hardie report?

• Preliminary consolidated net sales: US$1.449 to $1.475 billion (above prior guidance of $1.315 to $1.354 billion)
• Preliminary consolidated adjusted EBITDA: US$399 to $407 million (up from guidance of $354 to $375 million)
• Preliminary consolidated GAAP net income: US$102 to $104 million
• Siding & Trim net sales: US$846 to $860 million (guidance was $758 to $781 million)
• Deck, Rail & Accessories (DR&A) net sales: US$296 to $305 million

What else do investors need to know?

This update is preliminary, with final results due after the market close on 6 August 2026 (US time). James Hardie credits strong sell-through and demand for Siding & Trim for the result, while Deck, Rail & Accessories performance improved due to channel inventory normalisation.

The company highlighted that its above-guidance performance was driven by execution and market share gains, rather than any marked improvement in the broader US housing market. Details including full-year guidance and further financial information will be provided at the upcoming earnings call.

What did James Hardie management say?

CEO Aaron Erter said:

Our first quarter results are expected to exceed our prior guidance, primarily as a result of better-than-expected sales in Siding & Trim. Siding & Trim net sales reflected strong sell-through and underlying demand for our products. Our performance in Deck, Rail & Accessories was driven by channel inventory normalization and sell-through that improved throughout the quarter.

What’s next for James Hardie?

Management will release the finalised first quarter results and an updated FY27 outlook in early August. Investors will be watching for further market insights and any updates to strategy or guidance at the earnings call.

James Hardie continues to focus on growing its fibre cement and decking businesses, as well as leveraging cost and sales synergies from the recent AZEK acquisition.

James Hardie share price snapshot

The James Hardie share price has struggled over the last 12 months. It is down around 17% over the period, compared to a modest 1% gain by the S&P/ASX 200 Index (ASX: XJO).

View Original Announcement

The post James Hardie posts strong Q1 FY27 earnings above guidance appeared first on The Motley Fool Australia.

More reading

• Experts say these ASX 200 shares have great potential
• Here are the top 10 ASX 200 shares today
• Buy, hold, sell: James Hardie, Adairs, Minerals 260 shares
• Here are the top 10 ASX 200 shares today

Motley Fool contributor James Mickleboro 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.

Do you have $30,000 to invest but don’t want to choose individual shares?

Exchange-traded funds (ETFs) could be a simple solution.

With three well-chosen Vanguard ETFs, investors can gain exposure to major economies, industries, and long-term growth trends.

Here is how I would invest the money.

Vanguard S&P 500 US Shares Index ETF (ASX: V500)

I would place the largest allocation into this Vanguard ETF, which tracks the S&P 500.

The US share market has repeatedly produced companies capable of turning domestic success into global scale. Its leading businesses sell software, medicines, financial services, consumer products, industrial equipment, and digital advertising around the world.

The V500 ETF gives investors access to that breadth through a single ASX investment.

I also like how the S&P 500 changes as the economy develops. Companies that keep growing can become more influential within the index, while fading businesses gradually lose weight or leave altogether.

That makes the ETF more adaptable than a portfolio built around a fixed collection of today’s popular stocks.

The US market can still experience sharp falls, and Australian investors will also be exposed to currency movements. With a long holding period, I think the V500 ETF could form a strong foundation for the $30,000 investment.

Vanguard FTSE Asia Ex-Japan Shares Index ETF (ASX: VAE)

The next fund would give the portfolio a different source of growth.

The VAE ETF invests across Asian economies outside Japan, Australia, and New Zealand. Its underlying companies are connected to areas such as semiconductors, banking, insurance, manufacturing, online commerce, communication services, and consumer spending.

I like Asia because the region’s investment story extends well beyond a single country or trend.

Rising incomes can create demand for better housing, healthcare, financial products, travel, and branded goods. At the same time, several Asian markets occupy important positions across global manufacturing and technology supply chains.

That combination could support many years of business growth.

This fund will probably deliver a less comfortable journey than a broad developed-market ETF. Political decisions, regulation, currency movements, and changing investor confidence can all create volatility.

I would accept those swings in return for exposure to companies and economies that are still developing at a rapid pace.

Vanguard Global Technology Index ETF (ASX: VTEK)

The final allocation would add a deliberate technology exposure.

The VTEK ETF invests in large and mid-sized technology companies across developed and emerging markets.

I think the long-term case rests on where businesses continue directing their budgets. Companies want faster computing, better cybersecurity, more automation, improved data analysis, and software that helps employees accomplish more.

Artificial intelligence could accelerate that spending, while demand for semiconductors, cloud infrastructure, and digital tools may continue growing alongside it.

There will be some overlap with the V500 ETF because several US technology leaders feature prominently in the S&P 500. I would be comfortable with that because this allocation is intended to place extra weight on an area where I see attractive long-term growth.

Technology shares can also become expensive and fall sharply when expectations change, which is why I would make this Vanguard ETF the smallest holding.

Foolish takeaway

I would place most of the $30,000 into broad US and Asian exposure, with a smaller technology position adding greater growth potential.

I expect the portfolio to move around as markets, currencies, and sentiment change. The real advantage comes from owning thousands of business activities across regions that could keep expanding for decades.

For investors who prefer backing long-term economic growth over choosing individual winners, I think these three Vanguard ETFs offer a great way to put $30,000 to work.

The post 3 Vanguard ETFs to buy with $30,000 appeared first on The Motley Fool Australia.

More reading

• Own Vanguard ASX ETFs? It’s dividend payday!
• The best Vanguard ETFs to buy and hold
• Why I think these Vanguard ETFs are strong buys
• 3 Vanguard ETFs to build long-term wealth
• Own Vanguard ASX ETFs? Here is your next dividend

Motley Fool contributor Grace Alvino 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.

Tourism Holdings Ltd (ASX: THL) share price is in focus today after it lifted its expected FY26 underlying net profit after tax to around $46 million, beating its May forecast. The company also reported a stronger year-end net debt position than anticipated.

What did Tourism Holdings report?

• FY26 underlying net profit after tax (uNPAT) from continuing operations now expected to be ~$46 million (up from previous guidance of $40–$43 million)
• Net debt at 30 June 2026 was $436 million (below previous forecast of $460–$470 million)
• Normalised net debt averaged $453 million over the last month of FY26
• Strong late booking trends and robust vehicle sales in New Zealand drove the improved result

What else do investors need to know?

Tourism Holdings noted favourable year-end interest outcomes and better-than-expected vehicle sales contributed to the upgraded profit forecast. The company also highlighted strong booking momentum across all key regions.

Notably, North America bookings are tracking well ahead of last year, with recent US bookings more than 50% higher. Australia and New Zealand forward bookings have also bounced back after earlier disruptions linked to Middle East geopolitical events.

Tourism Holdings will release its full audited FY26 results and Integrated Report on 25 August 2026.

What’s next for Tourism Holdings?

Management says forward booking trends remain positive, especially in North America where growth rates are strong. With Australia and New Zealand recovering from recent disruptions, Tourism Holdings is increasingly confident about the FY27 Southern Hemisphere summer.

The company sees improved opportunities for growth in both Australia and New Zealand. Investors will be watching the August results for further detail on strategy and outlook.

Tourism Holdings share price snapshot

Over the past 12 months, Tourism Holdings shares have risen 23%, outperforming the S&P/ASX 200 Index (ASX: XAO), which is flat over the sam period.

View Original Announcement

The post Tourism Holdings ups FY26 guidance as bookings surge appeared first on The Motley Fool Australia.

More reading

• James Hardie posts strong Q1 FY27 earnings above guidance
• 3 Vanguard ETFs to buy with $30,000
• Macquarie Group announces new CEO as Shemara Wikramanayake prepares to retire
• Is it a good idea to invest in the NDQ ETF?
• Genesis Energy Q4: Margin lifts as single brand shift nears finish

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.

The Macquarie Group Ltd (ASX: MQG) share price is in focus today after the company announced that CEO Shemara Wikramanayake will retire in November 2026, with Greg Ward named as her successor. The board thanked Wikramanayake for her transformative eight-year tenure and highlighted Macquarie’s ongoing strong business performance.

What did Macquarie Group report?

• Shemara Wikramanayake retiring as CEO effective 6 November 2026
• Greg Ward, current Head of Banking and Financial Services, to become CEO effective 7 November 2026
• Ongoing strong performance across Macquarie’s diverse businesses
• Succession plan subject to necessary approvals

What else do investors need to know?

The announcement marks a major leadership change for Macquarie Group after nearly a decade under Wikramanayake’s leadership and almost 40 years of her service overall. The board credited her with driving Macquarie’s expansion into new markets and enhancing the group’s global brand and client impact, including navigating through the COVID pandemic.

Greg Ward brings vast experience to the role, having served as Macquarie’s Global CFO and Deputy Managing Director before becoming Head of Banking and Financial Services. Under his stewardship, the division grew to become a key player in Australian personal banking, business banking, and wealth management.

What did Macquarie Group management say?

Mr Greg Ward said:

I’m honoured to be asked by the Board to succeed Shemara as Macquarie CEO. Shemara leaves Macquarie incredibly well positioned, with each of our businesses performing strongly. I look forward to working with the Board, management and our entire Macquarie team to build on Shemara’s legacy for the benefit of all of our stakeholders.

What’s next for Macquarie Group?

The board has expressed confidence in a smooth leadership transition as Macquarie enters its next phase. With Ward at the helm, the focus is expected to remain on sustained performance and innovation across all business units.

Investors can anticipate strategic continuity, with Ward’s deep knowledge of the business and commitment to Macquarie’s culture aiming to support growth and deliver long‑term value.

Macquarie Group share price snapshot

Macquarie Group shares have outperformed the S&P/ASX 200 Index (ASX: XJO) over the past 12 months. During this time, the investment bank’s shares have risen around 13%, while the ASX 200 is up 1%.

View Original Announcement

The post Macquarie Group announces new CEO as Shemara Wikramanayake prepares to retire appeared first on The Motley Fool Australia.

More reading

• This UK bank plans to disrupt CBA, ANZ, NAB and Westpac
• These ASX shares could generate $12,000 per year in passive income
• Could CSL shares double from here? Here’s what the experts think
• If I invest $10,000 in Westpac shares, how much passive income will I receive in 2027?
• Are Macquarie, Qantas, and WiseTech shares buys?

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Macquarie Group. The Motley Fool Australia has recommended Macquarie 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.