Tags » Australia & NZ

Beware of recency bias

Every the year the 2016 Russell Investments/ASX Long-term Investing Report provides an invaluable summary of before and after-tax returns on various asset classes for Australian investors, over 10 and 20 years. 292 more words

Stock Markets

Big government doesn’t kill growth???

I take issue with this article published in Macrobusiness:

Sorry Coalition, “big Government” doesn’t kill growth

By Leith van Onselen

During the Federal Election campaign, Labor’s shadow treasurer, Chris Bowen, … 1,108 more words

Australia & NZ

ASIC review of investment banks shows poor practice

From Sarah Danckert:

The ASIC review of investments banks found that not only do the heavyweights of Australia’s financial system have difficulty in managing their conflicts of interest they also financially reward staff for potentially conflicted behaviour.

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Stock Markets

High speed rail plan still needs to prove economic benefits will outweigh costs

Double-decker TGV leaving the Gare de Lyon of Paris. Source: Alno

Geoffrey Clifton, University of Sydney

The CLARA private consortium claims a high speed rail network between Sydney and Melbourne could be paid for at no cost to the government through a technique known as… 816 more words

Australia & NZ

Privatisation has damaged the economy, says ACCC chief

In a blistering attack on decades of common government practice, Australian Competition and Consumer Commission chairman Rod Sims said the sale of ports and electricity infrastructure and the opening of vocational education to private companies had caused him and the public to lose faith in privatisation and deregulation.

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Stock Markets

Major banks' credit rating outlook cut to 'negative'

From Clancy Yeates:

Australia’s banks face the threat of higher funding costs, after Standard & Poor’s downgraded the big four’s credit rating outlook to “negative”, a direct result of its action on the government’s top-notch rating.

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Stock Markets

ASX 200: Banks weigh on the index

The ASX 200 encountered resistance at 5300 and is likely to test support at 4900/5000, with breach of the lower trend channel and declining 13-week Money Flow warning of selling pressure. 61 more words

Stock Markets