Increase Tax on Shopping? | Apple & IBM Miss Forecasts... | BHP Production Report: In Focus |

Niv Dagan

Peak Asset Management

Good morning, So there are growing reporting that online shopping here in AUS will be hit by added GST… Why can’t the extra payment come out of Bronwyn Bishop’s pocket? We pay enough tax as it is…. Last night, US stocks declined, with equities sliding the most in two weeks, as quarterly results from IBM and United Technologies disappointed investors. After the market closed, Apple, Microsoft and Yahoo reported results. That’s not great news for the strong NASDAQ…. So What's on today? Australia Reserve Bank of Australia governor Glenn Stevens, BHP Billiton production report; Stocks in focus BHP Billiton 4Q15 production report to be released today: Deutsche Bank forecasts a 0.9 per cent QoQ decrease in Cu Deutsche Bank has a "hold" on Sonic Healthcare with a target price of $20.80 a share. Hartleys says Austal Limited continues to be one of its preferred industrial names. "We maintain our 'buy' recommendation on the stock with a new target price of $2.22 (from $2.12)." The SPI is pointing to a 29 point fall this morning


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Niv Dagan
Executive Director
Peak Asset Management

Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...

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