Some of Australia’s most famous business reporters have joined Stockhead to cover the stories behind hundreds of publicly-listed companies all competing to become the “next big thing” in the sectors of technology, healthcare and resources.
Tim Treadgold, Barry FitzGerald and Tim Boreham will bring a combined experience of almost 100 years reporting on Australian markets to Stockhead, a new business journalism platform led by David Higgins, former editor-in-chief of two of the country’s most popular news websites SMH and News.
“There are more than 2000 companies listed on the ASX, but only a fraction of those are being covered by existing business publications. At the same time, there’s a renewed interest among young people for investment opportunities as housing prices continue to skyrocket and interest rates remain low,” said Higgins.
“Stockhead won’t be about the ASX200 – we’ll be covering the ASX2000. There are so many stories going untold every day about the hundreds of emerging companies striving to cure diseases, invent new technologies or find the next big deposit of ‘tech metals’ like lithium and cobalt,” said Higgins.
The proportion of young people between 18 and 24 holding investments has doubled in the past five years, according to the ASX Australian Investor Study 2017. The same study found that 37 per cent of Australian adults, or 6.9 million people, held investments on a financial exchange.
“Young people are the fastest-growing demographic of investors and there’s a huge opportunity for Stockhead to breathe new life into business journalism the same way new media brands like Vice, Mic and Buzzfeed have done in other areas. Stockhead will be the place to read business news you won’t find elsewhere, told in a surprising and engaging way,” Higgins said.