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06/05/2026

Magellan Financial Group Ltd (MFG)

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Alerts 18/08/2026

Trade Alerts – Active Growth & Income Portfolios

We are making a change to the growth and income portfolios

Morning report 18/08/2026

What Matters Today: Is Australian retail’s downturn just beginning?

The ASX 200 tried to reverse higher into lunchtime on Monday, only for steady, targeted selling throughout the afternoon to drag the index down by ~0.5%. On the stock & sector level, it was almost a carbon copy of August so far, with the miners again attempting to prop up an index weighed down by the flow-on effects of a softening housing market, where activity has ground to a near standstill since the May Budget. Consumer Discretionary, which we’ll revisit later, led the sell-off, falling 3%, while Financials and Real Estate also came under pressure, both declining more than 1%.

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