Financial Services
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RBA: Liquidity, here today but tomorrow?
Ben MacNevin
April 22, 2015
The latest speech by the Governor of the Reserve Bank of Australia (RBA) is well worth a read. RBA speeches typically provide greater insights of issues considered by the Board, and it seems that the Bank is becoming increasingly concerned with the state of global financial markets. continue…
by Ben MacNevin Posted in Financial Services, Insightful Insights.
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One stock with a very bright future
Russell Muldoon
April 15, 2015
Challenger Financial Limited (ASX: CGF) has defined the annuities market in Australia, and appears to be one of the few businesses on the ASX that is exposed to enduring (multi-decade) structural tailwinds. We consider it to be one of the highest quality companies on the ASX. This view is also supported by a recent market survey. continue…
by Russell Muldoon Posted in Financial Services.
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Is it business as usual for IMF Bentham?
Ben MacNevin
April 13, 2015
In a class action funded by IMF Bentham (ASX: IMF), the Full Federal Court of Australia has ruled in favour of ANZ, arguing that late payments on credit card fees are not exorbitant or unconscionable. While IMF Bentham has announced its intentions to pursue the matter to the High Court, the implications of a high-profile loss would certainly be front of mind for investors in the company. continue…
by Ben MacNevin Posted in Financial Services, Insightful Insights.
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What does the future hold for the Big 4 Banks?
Russell Muldoon
April 11, 2015
Let’s say four years ago you were offered the opportunity to buy a portfolio of well-known businesses for $272.3 billion, which are expected to generate $24 billion in after-tax earnings. While this implies an earnings yield of 8.8 per cent, you decide to forgo the investment. continue…
by Russell Muldoon Posted in Financial Services, Insightful Insights, Investing Education.
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Will the Greeks wreck your retirement?
Roger Montgomery
February 17, 2015
On Monday night, the US markets were closed for the Presidents’ Day holiday but Greece was not sleeping comfortably.
To understand whether there are risks to your wealth from Greece’s posturing (and remember the US markets return to work tonight) it pays to understand where we are currently and how we arrived at this juncture. If you would like to know more read on. continue…
by Roger Montgomery Posted in Economics, Financial Services, Foreign Currency, Insightful Insights, Market commentary.
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It’s Coco-nuts!
Roger Montgomery
February 16, 2015
Chasing yield, wherever it can be found, is a pastime for many baby boomers whose income returns from traditional securities and bank deposits are being decimated. The fad global and Basel III banking capital requirements are potentially legitimising some securities, that under normal interest rate settings, might not have seen the light of day. continue…
by Roger Montgomery Posted in Economics, Financial Services, Foreign Currency, Insightful Insights.
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Key issues for 2015
Roger Montgomery
January 5, 2015
In December I wrote an article for the ASX Investor Update, I thought I would share my thoughts with you as a welcome back to the year ahead.
What you should be watching out for in 2015 and what to expect with property prices, index funds and shares. continue…
by Roger Montgomery Posted in Companies, Consumer discretionary, Energy / Resources, Financial Services, Insightful Insights, Investing Education.
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Are you throwing the baby out with the bathwater?
Roger Montgomery
December 22, 2014
As we start to turn our minds to a well-earned break, we cannot help to ponder what the year ahead might unearth and whether we’ll find something useful and attractive that others have thrown out.
What we know today however, is that Materials and Energy stocks are under the pump from rising supply and falling demand. Some of them, along with those in the mining services game, will shutter operations or go broke – don’t forget there are over 700 mining services companies in Australia and 90 per cent of them are unlisted. Given that China is forecast by the US Conference Board to be growing at only 5.5 per cent in the next few years and by 3.5 per cent in the years to 2025, it is difficult to see any rapid turn around in the economics of materials exploration, mining and production. continue…
by Roger Montgomery Posted in Consumer discretionary, Energy / Resources, Financial Services.
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IS CASH DEAD FOR GOOD?
Roger Montgomery
December 3, 2014
DEC 3, 2014: According to Finsia “competition from new technology and growing customer demands have seen 12 financial services organisations team up to back a world-leading, real-time payments solution for Australia.
The New Payments Platform (NPP) marked a milestone on December 2, 2014 when the Society for Worldwide Interbank Financial Telecommunication (SWIFT) was unveiled as NPP Australia’s chosen platform builder and operator. continue…
by Roger Montgomery Posted in Financial Services, Insightful Insights, Technology & Telecommunications.
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Joining the NAB Class Action?
Roger Montgomery
November 25, 2014
Because the Federal Court has ruled that NAB is not required to email every account holder, you may not know that you may be entitled to compensation if you have been charged exception fees and join the class action. NAB customers who have been charged exception fees are entitled to join the class action. The window to join re-opens today at www.financialredress.com.au.by Roger Montgomery Posted in Companies, Financial Services.
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