ASX:IOF

Pete Morrissey

The Australian Real Estate Investment Trust sector’s total return of 13.2% for the 2018 financial year might get investors a little excited, especially with earnings growth of 3.4%1 over the period. Here we summarise the 3 key themes from reporting season and run through each of the main sub-sectors. Show More

Pat Barrett

The retail sector has been impacted by a combination of cyclical and anticipated structural issues. Cyclically, retail sales have been under pressure due to higher living expenses (higher debt costs and utilities) which have grown faster than wages. Structurally the market is anticipating much weaker conditions given the arrival of... Show More

Join the conversation
Hugh Dive

The Australian listed property sector has performed solidly over the past five years, climbing its way out of the depths of despair reached in March 2009. As many investors clearly recall, that the sector fell 70% between September 2007 and March 2009 as many over-geared trusts struggled to refinance debt,... Show More

Pat Barrett

...sure, there's no +13% returns on results day like NIB Holdings, but there's also none of the wild swings we've seen with Worley Parsons, or the -36% MTD falls for software group CSG. The REIT results display reliable income growth due to the contractual nature of the rental income. REITs... Show More

Nicholas Sproats

There’s a residential real estate affordability problem (I’m not fond of the word ‘crisis’ because not many things really are a crisis) in this country. Affordability, no matter what the good or service, is generally due to scarcity, or to put it another way demand supply imbalance. How do you... Show More

Join the conversation
Hugh Dive

Over the last two years listed property has been the top performing sectors on the ASX 200 outperforming the broader equity market. While Australian other sectors in the equity market have faced concerns about a rising and then falling AUD, falling commodity prices, Eurozone issues and bank capital raisings, listed... Show More

Avatar fallback

Today's note is available: three AGMs today where the 2014 poll results showed a strike against the remuneration report, the 2013 AGMs were fine, yet there is no conditional Board spill resolution on this year's AGM agenda. A number of second strikes today, but no Board spills. First strikes at... Show More

Avatar fallback

With the main AGM season almost over (Monday 30 November features several two-strike AGMs), I take a look at key AGMs scheduled for December 2015. Three of the big four banks hold AGMs this month. ANZ's AGM agenda features two shareholder-requisitioned resolutions: one on climate change which is an ordinary... Show More