If you step back from the Australian sharemarket’s daily/weekly/monthly ups and downs, the ASX has changed before investors’ eyes.
There’s a lot more growth, a lot more offshore exposure and a lot of up-and-comers still sometimes thought of as small caps but which are meaningful contributors to the ASX.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
