John Kavanagh
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Investment scams on the rise, watchdog warns

Reports of scam activity to the consumer watchdog were up almost 50 per cent last year, with the biggest losses coming from investment scams. The Australian Competition and Consumer Commission received more than 155,000 scam reports in 2016 – a…

ATO clarifies death benefit impact on transfer balance caps

The Australian Taxation Office has put one of the final pieces of the superannuation puzzle in place, ahead of the June 30 implementation of the pension transfer balance cap, releasing a guide to the tax and regulatory treatment of superannuation…

SMSFA membership good option for investors

One of the most interesting observations in this week’s issue of The Rub is that Australian investors like to do their own research and also like to monitor the performance of their investments themselves. It is well known that only…

Bank levy fallout for investors

Investors in big bank stocks should prepare themselves to bear some of the brunt of the Government’s new bank levy. Analysts are recommending underweight positions in the banking sector. Macquarie Securities estimates that the levy will take four to five…

Why Bennelong sold its telco shares

Bennelong Australian Equity Partners was a big supporter of the Australian telecommunications sector for a number of years and was rewarded with strong performance from stocks such as TPG Telecom. However, its view of the sector changed last year, as…

IPO Watch: Contango Global Growth Ltd

Contango Asset Management has joined forces with US investment manager WCM to launch a fund that offer an international portfolio of high-growth stocks. Contango has launched a prospects for a new listed investment company, Contango Global Growth, seeking to raise…

Limited benefit in new downsizing measure

Retirees with large superannuation balances will be able to make good use of the Government’s new measure to encourage people to downsize from large family homes, but those who expect to rely on an aged pension or part-pension in addition…

Shelter from the slump

A growing body of evidence and opinion suggests that the residential property market has plateaued and may be due for a fall, leaving investors to consider the alternatives for gaining property exposure. According to the latest CoreLogic report on residential…

IPO watch: High-yield ETF offers access to corporate bonds

Investors looking for a better yield than those offered on term deposits or government bonds now have the opportunity to invest in high-yield corporate bonds, following the launch a new exchange traded fund. Fund manager VanEck Australia has launched a…

Lower growth outlook for banks

Half-year results reported by ANZ and National Australia Bank last week show that the big banks are struggling to achieve revenue growth in their key Australian retail and banking divisions. Commentaries provided with the results indicate that this situation will…