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              Money for nothing? Assessing the Qantas buyback
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  Today Qantas announced its annual results.  Despite significantly increasing fuel costs to the tune of $614m, Qantas managed to maintain a constant 55c statutory EPS...
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        Plato Investment Management
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        <time datetime="2019-08-22T16:12:07+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">August 22, 2019 16:12</time>
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          <time datetime="2019-08-22T15:26:02+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 22, 2019 15:26</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full ">
              FNArena Reporting Season Monitor: August 2019 - Week 3
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Welcome to the FNArena Reporting Season Monitor for the August result  season 2019. The Monitor reports ratings and consensus price target  changes, along with brief...
</div>

          </div>
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        <div class="pt-4 pb-4 sm:hidden">
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            Followed by<span class="font-bold text-gray-700"> 4004 </span>people
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    <div data-controller="tooltip">
  <a aria-label="AMC" data-controller="event" data-event-name-value="link_click" data-event-id-value="42077" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-amc">
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  <div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Amcor Plc</div>
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    <div data-controller="tooltip">
  <a aria-label="APA" data-controller="event" data-event-name-value="link_click" data-event-id-value="42077" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-apa">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">APA Group</div>
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    <a class="px-1 py-0.5 text-bold-md text-nav-item" data-controller="event" data-event-name-value="link_click" data-event-id-value="42077" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/wires/fnarena-reporting-season-monitor-august-2019-week-3">
      +18
</a></div>

        </div>
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      <div class="p-4 flex group">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">The a2 Milk Company Ltd</div>
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            Followed by<span class="font-bold text-gray-700"> 4004 </span>people
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Amcor Plc</div>
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  <a aria-label="APA" data-controller="event" data-event-name-value="link_click" data-event-id-value="42077" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-apa">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">APA Group</div>
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      +16
</a></div>

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        FNArena
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          <div class="sm:flex-grow">
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              Income that will let you sleep at night
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Our investment view on SCG is that it owns the best retail portfolio  in Australia and New Zealand in a sector that continues to have higher  barriers to entry (for...
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              Four key signposts for equities
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   			 				 					In early August, we made the decision to move tactically underweight equities. Adopting a more cautious stance is perhaps not surprising given this is...
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              NEC: Turning headwinds into plain sailing
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Nine Entertainment Co (NEC) posted a strong result despite headwinds from a soft free-to-air (FTA) television advertising market and weak property listing volumes on...
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        IML
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          <time datetime="2019-08-22T14:30:13+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 22, 2019 14:30</time>
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  If I were to characterise the domestic small cap market in just one word, it would be ‘dynamic.’ It is truly dynamic in the sense that it is constantly changing and...
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        Montgomery Lucent Investment Management
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          <time datetime="2019-08-22T10:24:19+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 22, 2019 10:24</time>
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  Technology once presented a major barrier to entry and often stifled competition. So what changed? We see the explosion in the cloud as a catalyst for why we believe...
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      <div>
        Montgomery
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              T. Rowe Price seeking stocks of the future, not giving up on growth
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  Although the latest investment cycle has been one of the longest in terms of growth outperforming value, global asset manager T. Rowe Price isn&#39;t ready to throw in the...
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Why ‘alternative’ listed investment trusts are coming to the <span class="whitespace-nowrap">ASX<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  I don’t have a background in wealth management and like many of you I’m learning by reading articles from wealth professionals and speaking with more experienced...
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  <div>
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              A2 Milk: Don’t throw the baby out with the bath water
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  Surprise around a lower margin outlook in FY20 has well and truly captured the market’s attention and seen a significant sell-off in A2 shares today. It is clear that...
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              Service Stream: Move over NBN, Comdain has arrived
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  Service Stream (SSM) has developed into a core small-cap industrial poised to capitalise on servicing Australia’s essential networks including electricity, gas, telco...
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Service Stream Ltd</div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Service Stream Ltd</div>
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        Ausbil
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        <div class="hidden lg:block lg:mt-4 mx-4 w-1 h-4 border-l border-gray-300"></div>
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    <div class="flex flex-row-reverse">
        <time datetime="2019-08-21T19:57:56+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">August 21, 2019 19:57</time>
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</div>


      </div>
    </div>


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    <div class="w-full sm:flex-grow order-2 wire">
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        <div class="flex flex-col-reverse flex-grow sm:flex-row">
            <a class="pre-header-sm lg:pre-header-md uppercase text-primary hover:underline" href="/categories/equities">Equities</a>

          <div class="__Wires_TolTagComponent_42058 w-36"></div>
        </div>

          <time datetime="2019-08-21T09:56:50+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 21, 2019 09:56</time>
      </div>

      <div class="relative">
        <div class="absolute -top-2 lg:top-0 -left-3">
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        <a class="group block sm:flex hover:no-underline visited:text-darkestgray text-body" data-controller="event" data-event-name-value="link_click" data-event-view-name-value="summarized_longform_wire_view" data-event-id-value="42058" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;position&quot;:19032,&quot;section&quot;:&quot;latest_feed&quot;}" data-event-ga-category-value="Homepage Latest Feed" data-event-ga-action-value="link_click" href="/wires/reporting-season-highlights-nwl-wbc-sxy">
          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full ">
              Reporting Season Highlights – NWL, WBC &amp; SXY
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  We recap some of the profit reporting season highlights including Netwealth, Westpac Group and Senex Energy. Full reports are available below via links.Netwealth...
</div>

          </div>
</a>      </div>
        <div class="pt-4 pb-4 sm:hidden">
          <div class="flex gap-2">
    <div data-controller="tooltip">
  <a aria-label="NWL" data-controller="event" data-event-name-value="link_click" data-event-id-value="42058" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-nwl">
    <div
  class="lw-badge rounded-2xl  md"
  
  
>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">NWL</span>
  </div>
</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="1389" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-nwl">
      <div class="p-4 flex group">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Netwealth Group Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:NWL</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-1389">
            Followed by<span class="font-bold text-gray-700"> 113 </span>people
        </div>
          <div 
  class="follow-stock-code-1389-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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></div>

      </div>
    </div>
  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="SXY" data-controller="event" data-event-name-value="link_click" data-event-id-value="42058" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-sxy">
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>
  <div class="flex items-center gap-2">
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  </div>
</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="1791" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-sxy">
      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">SENEX ENERGY LIMITED</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:SXY</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-1791">
            Followed by<span class="font-bold text-gray-700"> 35 </span>people
        </div>
          <div 
  class="follow-stock-code-1791-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
  data-followable-id="1791"
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      </div>
    </div>
  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="WBC" data-controller="event" data-event-name-value="link_click" data-event-id-value="42058" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-wbc">
    <div
  class="lw-badge rounded-2xl  md"
  
  
>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">WBC</span>
  </div>
</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="2168" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-wbc">
      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Westpac Banking Corporation</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:WBC</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-2168">
            Followed by<span class="font-bold text-gray-700"> 1460 </span>people
        </div>
          <div 
  class="follow-stock-code-2168-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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></div>

      </div>
    </div>
  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

</div>

        </div>
        <div class="pt-4 pb-4 lg:pb-2 hidden sm:block">
          <div class="flex gap-2">
    <div data-controller="tooltip">
  <a aria-label="NWL" data-controller="event" data-event-name-value="link_click" data-event-id-value="42058" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-nwl">
    <div
  class="lw-badge rounded-2xl  md"
  
  
>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">NWL</span>
  </div>
</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="1389" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-nwl">
      <div class="p-4 flex group">
        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Netwealth Group Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:NWL</div>
        </div>
      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-1389">
            Followed by<span class="font-bold text-gray-700"> 113 </span>people
        </div>
          <div 
  class="follow-stock-code-1389-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
  data-followable-id="1389"
  data-options="{&quot;custom_data&quot;:{&quot;section&quot;:&quot;stock_code_tooltip&quot;},&quot;style&quot;:&quot;hovercard&quot;}"
></div>

      </div>
    </div>
  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="SXY" data-controller="event" data-event-name-value="link_click" data-event-id-value="42058" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-sxy">
    <div
  class="lw-badge rounded-2xl  md"
  
  
>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">SXY</span>
  </div>
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          <time datetime="2019-08-21T09:14:02+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 21, 2019 09:14</time>
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              The New Criterion: the ASX stocks storming the US military establishment (or trying to)
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   A paradox of the Pentagon is that it can start a war in about five minutes, but when it comes to selecting contractors to supply the materiel the process drags out...
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Great returns, diversity and a solid risk <span class="whitespace-nowrap">profile<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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   Since listing 7 months ago, the Qualitas Real Estate Income Fund (QRI) has given investors access to great risk-adjusted returns through a balanced and diversified...
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        Market Partners 
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        <time datetime="2019-08-20T17:29:00+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">August 20, 2019 17:29</time>
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          <time datetime="2019-08-20T15:35:33+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 20, 2019 15:35</time>
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              Market turmoil and what it all means for investors
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  Only last month share markets in the US and Australia were at record highs. But ever since President Trump ramped up the US-China trade war again at the start of...
</div>

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        AMP
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              ARB: Good result from a tough market
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   Overall, ARB’s FY19 result was largely in line with expectations, in spite of the soft market conditions. The predictability of the result was reassuring and it is...
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          <time datetime="2019-08-20T12:19:59+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 20, 2019 12:19</time>
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              Always look under the hood
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  Count Plus (&#39;CUP&#39;) owns and partners with accounting and financial advisory firms, forming a network largely focused on Australia&#39;s eastern seaboard. It provides value...
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              Go global to secure dividend income, Janus Henderson tells Aussies
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  Seasonality of payouts, an over-reliance on the financials and resources sectors, and a lack of dividend growth means that Australian investors would benefit from...
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    srcset="https://www.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBcUVLIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--cd544dd62090e1421e2171ed77862e75455be252/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/IMG_6863_2.jpg, https://www.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBcUVLIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--cd544dd62090e1421e2171ed77862e75455be252/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/IMG_6863_2.jpg 2x"
    alt="Nick Grove"
    style=""
    loading="lazy">
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  <div id="profile-link" class="text-heavy-sm md:text-heavy-md text-darkestgray">
    <div>
        <span data-controller="event" data-event-name-value="link_click" data-event-view-name-value="summarized_longform_wire_view" data-event-id-value="53264" data-event-statisticable-value="profile" data-event-custom-data-value="{&quot;position&quot;:19040,&quot;section&quot;:&quot;latest_feed&quot;}" data-event-ga-category-value="Homepage Latest Feed" data-event-ga-action-value="link_click" class="mr-1">Nick Grove</span>
    </div>
      <div>
        Livewire Markets
      </div>
  </div>
</div>

        </div>
        <div class="hidden lg:block lg:mt-4 mx-4 w-1 h-4 border-l border-gray-300"></div>
        <div class="mt-4 flex items-center text-heavy-sm md:text-heavy-md text-darkestgray">
          <div class="flex items-center mr-4">
            <div id="wire-listing-like-42042" data-load-engagement-count-target="like" data-wire-id="42042" data-position="19040">
                <button
  class="lw-button tertiary_gray xs icon-only "
  
  data-turbo-stream-url-value="/hotwired/likes/42042/wire/19040/like"
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    turbo-stream 
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  data-controller="event turbo-stream " data-event-name-value="like_clicked" data-event-view-name-value="" data-event-id-value="42042" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;position&quot;:19040,&quot;section&quot;:&quot;latest_feed&quot;}" data-event-ga-category-value="latest_feed" data-event-ga-action-value="like_clicked" data-event-ga-label-value="" data-turbo-stream-method-value="post"
  
  
  aria-label=home_like
  
  
  
>
  <svg class="home_like">
  <use xlink:href="#home_like"></use>
</svg>

  
  
  
</button>


</div>            <div class="flex items-center ml-1">
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  aria-label=comment
  
  
  
>
  <svg class="home_comment">
  <use xlink:href="#home_comment"></use>
</svg>

  
  
  
</a>

</div>
            </div>
            <div id="wire-listing-stats-42042" data-load-engagement-count-style-value="listing" data-load-engagement-count-target="stats" data-wire-id="42042" data-position="19040" data-style="listing" data-device-type="desktop"></div>
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    <div class="flex flex-row-reverse">
        <time datetime="2019-08-20T10:33:24+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">August 20, 2019 10:33</time>
    </div>
</div>


      </div>
    </div>
</div>

  </div>
</template></turbo-stream>
  <turbo-stream action="update" target="pagination"><template>
    <a rel="next" href="/hotwired/feeds/latest?cache_prefix=latest_wire&amp;cursor=2019-08-20+10%3A33%3A24+%2B1000&amp;last_position=19040"></a>
</template></turbo-stream>
