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          <time datetime="2025-07-26T07:00:11+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 26, 2025 07:00</time>
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              Trending On Livewire: Weekend Edition - Saturday 26th July
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  After a stellar run, the ASX cooled this week as investors rotate and brace for reporting season to begin.
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          <time datetime="2025-07-25T13:39:07+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 25, 2025 13:39</time>
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              China’s changing consumption is reshaping these Aussie stocks
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  During the June quarter, we visited China to better understand the Chinese consumer sector. Key areas of interest included wine (Treasury Wine Estates), infant milk...
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        Antares Equities
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              Is the RBA forward-looking like the ECB and the Fed?
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  We test the accuracy of RBA forecasts versus the market &amp; how the RBA and its peers set interest rates using recent history and forecasts.  
</div>

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              A spotlight on Asia’s tech champions
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  Asia is home to key manufacturers crucial to the global AI supply chain.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Building Austal: Australia’s global shipbuilder - John Rothwell AO’s Remarkable <span class="whitespace-nowrap">Journey<svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" id="embed_podcast" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Building a boat with a motorbike engine at 13. Building a world class shipbuilding company called Austal.
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              The stablecoin challenge
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  Can it crack the Visa-Mastercard fortress?
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              From overlooked to overdue: Asia&#39;s investment case builds
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Market sentiment towards Asia may be starting to turn after a prolonged period of underperformance, and these are some of the stocks we like
</div>

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        Fidelity International
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              Graphite stocks shaken from their slumber as US slaps huge impost on Chinese imports
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  It’s great news for Syrah and a big boost for Kingsland, owner of Australia’s biggest graphite resource; Brinsden buoys lithium followers.
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              Trump&#39;s criticism of Powell creates renewed threats to the Fed’s independence
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  President Donald Trump’s longstanding criticism of Federal Reserve (Fed) Chairman Jerome Powell—ironically, someone Trump appointed during his first...
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Staying opportunistic without chasing risk: Challenger IM&#39;s approach to income <span class="whitespace-nowrap">investing<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Pete Robinson shares his views on staying nimble through volatility, finding value in private credit, and why fair value always matters.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Buy Hold Sell: 6 stocks with above-market yields (and 2 from the <span class="whitespace-nowrap">managers)<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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      <div class="p-4 flex group">
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    <div data-controller="tooltip">
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  <div>
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              Solving for retirement
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  The only thing that is clear about retirement is that a one-size-fits-all approach is destined to fail.
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      <div>
        Drummond Capital Partners
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              Costco: a tech stock disguised as a supermarket?
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  The world&#39;s most richly valued supermarket is a under-recognised heavy hitter of the Nasdaq 100.
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        ETF Shares
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              The opportunity driving 8-9% average earnings growth in the next three years
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  With attractive valuations and defensive qualities, this asset could be the megatrend exposure your portfolio is missing.
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              Japan versus the world - why bond markets have never been more exciting
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  Rising JGB yields have stirred global concerns, but stable inflation and rates suggest positive returns remain likely.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>4 small caps we’re watching this reporting <span class="whitespace-nowrap">season<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  These Aussie companies have turnaround potential, strong momentum, or something to prove this reporting season.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>The most consistent ASX dividend ETFs &amp; <span class="whitespace-nowrap">LICs<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Through bull and bear markets, these 20 funds have kept income flowing - and delivered standout capital growth along the way.
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    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="2451" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/fund/betashares-global-income-leaders-etf">
      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Betashares S&amp;P Global High Dividend Aristocrat ETF</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:INCM</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-2451">
            Followed by<span class="font-bold text-gray-700"> 23 </span>people
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          <div 
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  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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      </div>
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  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="LSF" data-controller="event" data-event-name-value="link_click" data-event-id-value="63181" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/fund/l1-capital-l1-long-short-fund-ltd">
    <div
  class="lw-badge rounded-2xl  md"
  
  
>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">LSF</span>
  </div>
</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="1134" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/fund/l1-capital-l1-long-short-fund-ltd">
      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">L1 Long Short Fund Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:LSF</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-1134">
            Followed by<span class="font-bold text-gray-700"> 148 </span>people
        </div>
          <div 
  class="follow-stock-code-1134-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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      </div>
    </div>
  </div>
</div>

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      <div class="border-6 border-tooltipDownArrowLight"></div>
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="MVB" data-controller="event" data-event-name-value="link_click" data-event-id-value="63181" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/fund/vaneck-australian-banks-etf">
    <div
  class="lw-badge rounded-2xl  md"
  
  
>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">MVB</span>
  </div>
</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="2474" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/fund/vaneck-australian-banks-etf">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Vaneck Australian Banks ETF</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:MVB</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-2474">
            Followed by<span class="font-bold text-gray-700"> 41 </span>people
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          <div 
  class="follow-stock-code-2474-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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    </div>
  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <a class="px-1 py-0.5 text-bold-md text-nav-item" data-controller="event" data-event-name-value="link_click" data-event-id-value="63181" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/wires/the-most-consistent-asx-dividend-etfs-lics">
      +14
</a></div>

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        <div class="pt-4 pb-4 lg:pb-2 hidden sm:block">
          <div class="flex gap-2">
    <div data-controller="tooltip">
  <a aria-label="INCM" data-controller="event" data-event-name-value="link_click" data-event-id-value="63181" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/fund/betashares-global-income-leaders-etf">
    <div
  class="lw-badge rounded-2xl  md"
  
  
>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">INCM</span>
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="2451" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/fund/betashares-global-income-leaders-etf">
      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Betashares S&amp;P Global High Dividend Aristocrat ETF</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:INCM</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-2451">
            Followed by<span class="font-bold text-gray-700"> 23 </span>people
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          <div 
  class="follow-stock-code-2451-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
  data-followable-id="2451"
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      </div>
    </div>
  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="LSF" data-controller="event" data-event-name-value="link_click" data-event-id-value="63181" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/fund/l1-capital-l1-long-short-fund-ltd">
    <div
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  <div class="flex items-center gap-2">
    <span class="text-bold-md">LSF</span>
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="1134" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/fund/l1-capital-l1-long-short-fund-ltd">
      <div class="p-4 flex group">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">L1 Long Short Fund Ltd</div>
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      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-1134">
            Followed by<span class="font-bold text-gray-700"> 148 </span>people
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          <div 
  class="follow-stock-code-1134-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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</div>

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      <div class="border-6 border-tooltipDownArrowLight"></div>
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="MVB" data-controller="event" data-event-name-value="link_click" data-event-id-value="63181" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/fund/vaneck-australian-banks-etf">
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  <div class="flex items-center gap-2">
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="2474" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/fund/vaneck-australian-banks-etf">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Vaneck Australian Banks ETF</div>
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      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-2474">
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          <div 
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  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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</div>

    <div data-controller="tooltip">
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  <div class="flex items-center gap-2">
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="2483" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/fund/spdr-s-p-asx-200-financials-ex-a-reit-fund">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">State Street SPDR S&amp;P/ASX 200 Financials Ex A-REIT ETF</div>
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      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-2483">
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          <div 
  class="follow-stock-code-2483-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
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      </div>
    </div>
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</div>

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      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="PGF" data-controller="event" data-event-name-value="link_click" data-event-id-value="63181" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-pgf">
    <div
  class="lw-badge rounded-2xl  md"
  
  
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  <div class="flex items-center gap-2">
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</div>

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    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="1577" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-pgf">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">PM Capital Global Opportunities Fund Ltd</div>
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      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-1577">
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  class="follow-stock-code-1577-stock-code-tooltip-hovercard"
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</div>

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      +12
</a></div>

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              More than just a pint: the untapped value in Australian pubs
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  Why Australian pubs represent a compelling investment in alternative real estate. 
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