Investment Opportunities

Investors guide to the easiest entry to hottest US stocks

Alternative listed securities market, Chi-X, has expanded its range of US listed transferable company custody receipts (TraCRs) with five more listings. The new listings include those based on the shares of Amazon, Warren Buffet’s investment company Berkshire Hathaway (Class B)…

A fresh approach to equity release

Property fund manager DomaCom has entered the home equity release market with a product based on a shared equity structure, as an alternative to the standard loan structure of a reverse mortgage. Under the terms of Senior Equity Release, a…

RBA rate cut will hurt bank profits

The problem for banks, following last week’s cash rate cut, is that they can’t cut the rates on all their deposits, in line with the cuts to mortgage rates. Their margins are being squeezed. In its commentary on the impact…

Aussie equity market defies global trend

The Australian sharemarket was an outlier in May, with stocks rising just over 1 per cent while most of the world’s other equity markets fell. Communications services was the leading sector. Global stocks appeared to be falling in response to…

Flight or fight: knowing your rights

Consumers should be on high alert to avoid being misled about their rights and entitlements when dealing with airlines. Last week the Federal Court fined Jetstar $1.95 million for making false or misleading representations about consumer guarantee rights between April…

Court overturns will to make ‘family provision’

When Darrell Triffett died in 2013, he was survived by his partner of about 40 years, a daughter aged 47 and two sons aged 38 and 30. The daughter, Tanya Booth, was the child of Triffett and the younger sister…

Margin lending out of favour with investors

Margin lenders are sharing the pain their peers in the mortgage and personal loan markets are feeling; no one wants their product. The latest Reserve Bank margin lending figures show falls in account numbers and balances in the March quarter,…

Rewards programs not delivering value

More than a third of people with rewards credit cards are not sure what dollar value they get from their rewards, while 37 per cent say they get no value from their rewards program. These are among the findings of…

Clock is ticking on inactive super accounts

A series of superannuation measures, designed to protect members with low balances or inactive accounts, will take effect on July 1. For some there will be a catch: they will lose their life insurance cover. The new law introduces a…

Variable home loan rates tumble

ME Bank is the latest lender to cut variable home loan rates, joining Macquarie, ANZ, AMP and Bendigo Bank in offering lower variable rates to owner-occupiers and investors. Last week, ME cut its principal and interest variable mortgage rate for…