At around $1.9 trillion Australian dollars, the Australian equity market is a minnow by global standards. It represents roughly 2% of global equity markets. Said another way, by only owning Australian shares, you are missing 98% of the world's investment opportunities. Show More
The CBA has pipped the competition in the race to deliver tap-and-go payment available on mobile phones. CBA's new offering works on Samsung Galaxy S4 mobile phones and has been delivered in partnership with Mastercard. The stinger is that the announcement comes only a day after Westpac announced it would... Show More
Cash is on the way out, electronic is on the way in. According to Magellan's Dom Giuliano Visa and Mastercard represent an amazing opportunity that you can't really acquire on the Australian market. Presenting at the Intelligent Investor annual roadshow Giuliano highlighted the prevailing tailwinds in the electronic payments industry.... Show More