More volatility and inflation coming

Livewire Exclusive

This time last year Ardea wrote on Livewire that inflation and volatility charts were the ones they were watching most closely, although both had long been subdued. Having surged in recent months, we got in touch to ask what they expect from here, and what charts they are watching now. Show More

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Three thriving small cap financials

Buy Hold Sell

When one door closes, another one opens. And so it is with APRA’s regulatory changes. While it's a headwind for banks, lending to small players is now an opportunity for a group of nimble, emerging lenders. Show More

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Running to Stand Still

Etienne Alexiou

On the 9th March 1987 U2 released the Joshua Tree, the fastest selling British Album of all time that went on to sell over 25 million copies. Joshua Tree is still acclaimed as one of the greatest albums of all time. Interestingly Bono considered pulling the album prior to its... Show More

My thoughts from Dubai Airport

Chad Slater

I’m on the way to Europe to see institutional clients for our new ESG L/S absolute return fund (we will look to make it available to Australian investors later this year) and I had a stopover in Dubai. It made me think of a previous comment about Dubai airport being... Show More

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Trump Meeting Kim Jong-Un, Labor’s $59b Cash Refund Plan, Spotify’s Unorthodox IPO

Kent Kwan

Get the full scoop on what Trump’s meeting with Kim Jong-Un, Labor’s $59b cash refund plan, and Spotify’s unconventional IPO means for you and your investments. Show More

Hybrids will need a rethink under Labor’s latest policy

Elizabeth Moran

Labor's Batman by-election win in Victoria makes its proposed changes to franking rules more promising. It's a good time to reassess your investment decisions and potential loss of income, especially if you are invested in hybrids. These securities are expected to be less attractive and prices to be more volatile Show More

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The critical factor in the Coles demerger

Philip Wensley

On Friday, Wesfarmers announced an intention to demerge their Coles Food, Liquor and Convenience business. While this transaction has some attractive merits we also have some reservations and argue more information is required. How much of the current group’s debt Wesfarmers allocates to Coles vs retaining in the rump will... Show More

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A better way to size up income funds

Alwyn Hung

Selecting investments solely on return falls squarely into the “buyer beware” bucket. However, when comparing the plethora of fund investment opportunities in the market, the majority of us tend to focus solely on historic investment performance to rank each of the available investment opportunities. Show More

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Key growth pillars all strong for this retail stock

Bell Potter

Premier Investments Limited (PMV) has announced underlying 1H18 NPAT of $78.8m, 6.5% up on pcp. The Just Group EBIT of $102.5m was in line with our $103.4 estimate. The result key highlights are as follows: Show More


Stocks are up, AREITs not so much. Why?

Michael  Doble

It’s a head scratcher alright. Over the past six months the ASX All Ordinaries index is up 9.37% while the ASX 200 index is up 8.56%. Despite recent negative headlines stocks are still higher than they were last August. Show More

Robbing Granny in the name of Paul

Dr Don Hamson

When I was first asked to comment about the ALP’s proposed scrapping of franking credit refunds my response was I was “flabbergasted”. “Flabbergasted” that the party whose Treasurer Paul Keating created franking credits would cut those benefits accruing to retired workers, “flabbergasted” that the Leader of ALP Opposition who earns... Show More

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Bob Cohen

Approximate $5000 a year impact? I'm not sure how "a retired couple with a $1m superannuation balance would be $5000 worse off each year". I'm one of them and I'll be $20000 worse off. [...]

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David R Thomas

Without doubt the best article i have read on this subject. Presented in a clear and objective manner. Thank you David Thomas

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Melville Leslie

Thank you Dr. Hamson for a sensible take on a ridiculous situation thrown up up by a frightened opposition. Over 10 years I have taken steps encouraged or even enforced by previous gove [...]

Who wins in the Coles demerger?

Hugh Dive

On Friday morning, Wesfarmers announced that they are looking to demerge its Coles division to create a new ASX top 30 company, with leading positions in supermarkets and liquor. This move was very well received by the market, with Wesfarmers stock finishing up $2.60, or +6.3%, on Friday. Over the... Show More

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Wilson Asset Management weekly: Spotlight on Veris

Chris Stott

The Royal Commission into financial services started this week, with the findings impacting the major bank share prices and contributing to a 0.2% fall in the S&P/ASX All Ordinaries Accumulation Index. A report from the Australian Competition and Consumer Commission identified signs of ‘less than vigorous’ price competition on mortgages... Show More


Will NAB repeat its March/April 6% gain this year?

Romano Sala Tenna

Historically, this time of the year is a terrific time to buy shares in NAB, Westpac and ANZ. None better to be exact. For nearly 2 decades, buying these 3 banks at the beginning of March and selling them at the end of April has been a winning trade. Show More


Paradice: You need to think differently

Livewire Exclusive

It’s 4am on a dark and rainy morning back in 2000. A lone, frustrated figure is running around Chatswood Golf Course. It’s a young David Paradice. He has just left the security of a large established firm believing he can achieve superior returns by investing in small caps. But things... Show More

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John McKay

Very interesting, topical and thought provoking interview, David & James. Many thanks.

Business insights across the market

NAOS Asset Management

“The United Nations Food and Agriculture Organisation estimates the world’s demand for food by 2050 will need a 60 per cent increase in the amount of food currently available. Australia is well placed to become one of the world’s great food bowls. The opportunity is huge” Sam Sicilia, Chief Investment... Show More


Shorten's war against property and shares

Christopher Joye

In my AFR column I explain the consequences of Labor leader Bill Shorten's proposed new taxes for shares, property and hybrids---it's worth noting that even the Greens appear to have a problem with the notion of king-hitting prudent retirees with the Greens' leader vocally criticising Shorten's desire to deny retirees... Show More

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Michael Mann

Good article, just shows that we are all subject to the whims of our Politicians. They can do what they want with our income and assets. Bit like watching a rerun of an old medieval time [...]

It's rare to find such a cash generative, innovative business

Peter Wilmshurst

Allergan (NYSE: AGN) is a specialty pharmaceutical company operating in the research, development and manufacture of pharmaceutical products. The company offers a portfolio of products that provide treatment for the central nervous system, gastroenterology, women's health and urology, ophthalmology, neurosciences, medical aesthetics, dermatology, plastic surgery, liver disease, inflammation, metabolic syndromes,... Show More

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Consolidated Operations Group are the cogs starting to turn?

Mark Tobin

Consolidated Operations Group (COG:ASX) is the new incarnation of the old Armidale Investment Corporation (AIK:ASX). COG has been slowly transitioning itself from the old LIC structure to a proper operating business structure over the last two years. COG is now pursuing two main lines of business: Show More

Buy Hold Sell: From darlings to dogs

Buy Hold Sell

We all love a good hotdog, but less so when the meat is on the turn. So in this special episode, our expert panelists give two former fast-food favourites the ‘sniff test’. Join us as Roger Montgomery from Montgomery Investment Management and Karl Siegling from Cadence Capital talk with Sam... Show More

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Gareth James

Prefer the more relaxed and informative style of this presentation than the usual quick grab...we need background and analysis rather than three sentences each. Thanks.

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Michael Whelan

Agree with your comment, Gareth. A lot better than the quick grab as you highlight. Is it a case with RFG and Dominos along with TRS, Specialty Fashion, Big W and others than these busi [...]

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Pete Latham

Agree with Gareth. The more information, the better. The "chatty" relaxed format is more akin to the old BRR Friday Afternoon Round Table discussion that I enjoyed greatly. Two great f [...]