US quantitative easing – is the party over?

Published: October 8, 2014

The story so far… After sharp interest rate cuts by the Fed at the outset of the global financial crisis, quantitative easing (QE) began in November 2008 with the Fed buying US$1.25 trillion of mortgage-backed securities and $175 billion of agency debt in order to boost money supply. With few signs the US economy was […]

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How will the rise in online spending affect your investments?

Published: September 5, 2014

The growth in online shopping has caused some to question how this will affect traditional retail stores, and what this effect will ultimately have on investments. In this article we examine some of the opportunities investors can consider in light of the rising trend of online shopping. Companies that are able to capture new revenue […]

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How exposed are you to Australian banks?

Published: September 5, 2014

The outlook for banks We believe that banks look fully priced for a rising market. The key weakness of the Australian banking system is a low level of deposits relative to loans. To cure this, banks are ‘overpaying’ for deposits, and it’s our view that this isn’t going to change any time soon. Indeed, this […]

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How long can interest rates remain on hold?

Published: September 5, 2014

More work to be done to stimulate the economy Rates have been reduced to help stimulate the economy. Lending rates on housing and business loans have decreased, and this has seen a pick-up in house prices, approvals to build new homes and some improvement in retail sales. However, the Australian dollar remains high, and with […]

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Don’t burn your bridges – debunking a few myths around global listed infrastructure

Published: September 5, 2014

Myth 1: Infrastructure is a boring old 'economy style' investment A common misconception is that infrastructure assets represent, for the most part, old economy style investments with little potential for growth and limited relevance to future economic needs. In reality nothing could be further from the truth. Consider some of the key global secular themes […]

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Market Watch – August

Published: August 5, 2014

Download Market Watch – August edition and read the full report. In this month's issue:Australian dollar: where to next? 5 things investors need to know about hybrid securities Infrastructure boom: Opportunities for industrial property Natural gas extraction: What’s the ‘fracking’ problem

Market Watch – July 2014

Published: July 3, 2014

Download Market Watch – July edition and read the full report. In this month's issue: In a low yield environment, we consider some income opportunities outside of term deposits. As Iraq and Europe come into focus, we explore the key issues and what they mean for investors

Market Watch – June 2014

Published: June 10, 2014

Download Market Watch – June edition and read the full report. (1.5 MB file) This month's topics are: Despite some prospects of a bumpy ride there is a positive outlook for shares this year. A more selective approach to investing in the emerging world is ideally now required. The Westfield proposal is in a holding […]

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Market Watch – May 2014

Published: May 19, 2014

Download Market Watch – May edition and read the full report. (190 KB file) In this edition: In balance, we are in an investment friendly environment. A health check on the residential housing sector. Microsoft well-placed to reward investors. The National Commission of Audit – what is it and what does it mean to Australians?

2014-15 Federal Budget Summary

Published: May 14, 2014

1. Superannuation 1.1 Superannuation Guarantee (SG) rate – Change to increase schedule Proposed effective date 1 July 2014 The Government will change the schedule for increasing the SG rate. SG contributions are the compulsory super contributions made by employers into the super accounts of eligible employees. The current SG rate is 9.25%. The SG rate […]

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