IPO watch: MoneyMe to pursue US expansion
Online consumer lender MoneyMe plans to use the funds raised in its initial public offer to increase its marketing spend, invest in product innovation and expand into new markets. The company says…
Time to avoid overvalued companies
For equity investors who worry about the prospect of dislocation in the Australian sharemarket in…
JP Morgan launches cryptocurrency
US bank JP Morgan has announced plans to issue its own cryptocurrency to be used…
Today’s Best Videos
ATO gives further clarification on Aussiegolfa
The Australian Taxation Office has provided a further update on the implications of the Aussiegolfa…
ATO warns on SMSF bank accounts
The ATO has issued a warning to self-managed super fund trustees that their SMSF must…
LRBA rule change still on the cards
The status of limited recourse borrowing arrangements in the new superannuation balance cap regime is at the top of the list of queries financial advisers have for the technical experts at wealth management companies. BT Financial Group technical consultant, Tim…
Global investing with conviction
International equity specialist VGI Partners has launched a prospectus for a new listed investment company, VGI Partners Global Investments Ltd, offering retail investors access to the high conviction, long-short portfolio it has managed for high net worth investors since 2009.…
Residential property market headed for a ‘slow unwind’
The “base case” for the Australian residential property market is that prices will continue to be supported, while the current economic conditions prevail, according to S&P Global Ratings. S&P held a property sector briefing in Sydney last week, where the…
Q&A 7 August 2017
Q: I have seen criticism recently of the Association of Superannuation Funds of Australia’s estimates for what retirees will need to live on in retirement. Are the ASFA figures reliable and what other data is available? A: According to ASFA’s…
TD rates continue their slide
Term deposit rates continued to fall in July, with more than a dozen deposit-taking institutions cutting rates across a range of terms. While most cuts were between five and 15 basis points, there were some bigger moves, according to the…
Retirement is not forever any more
Most people assume retirement will be a one-time event, with no expectation of ever returning to work, but new research shows that is often not the case. The latest report of the Household Income and Labour Dynamics in Australia Survey…
Nick’s Corner
The fundamental reason shares increase over time has not changed over 100 years. Yet an increasing number of investors are behaving irrationally over short-term periods. This may partly be due to the frequency with which we now receive economic news,…
