The New Criterion

Zenith Energy (ZEN) 77c Investors convinced of a sustained resources recovery (and that appears to be the case) face an internal dilemma. Should they ride the cycle with an exposure to the actual producers or invest in the handmaidens that…

Kavanagh

The Government’s decision to make comprehensive credit reporting compulsory for large financial institutions may not be the win for consumers that the Treasurer Scott Morrison claims it will be, with plenty of evidence to suggest that this change is by…

IPO market delivers for investors

The IPO market was a happy hunting ground for investors in 2017, with the share price of companies that listed on the ASX last year rising by an average of 46 per cent by the end of the year. A…

Global equity high achievers

Investment management researcher Morningstar has upgraded two global equity funds to ‘gold’. Franklin Global Growth and Capital Group New Perspectives have received Morningstar’s highest rating. Global equity has been the top-performing asset class in three of the past four years…

Poor credit management lands more of us in financial trouble

Personal insolvencies rose in the December quarter, continuing the rising trend of the past couple of years. There were 7578 personal insolvencies in the quarter – an increase of 7.4 per cent over the December quarter in 2016. According to…

Retirees add more shares to their portfolios

Members of self-managed superannuation funds who have entered the pension phase have a higher allocation to equities than SMSF members still in the accumulation phase. This surprising finding is part of the latest Class SMSF Benchmark Report, which is based…

The New Criterion

Propel Funeral Partners (PFP) $3.35 Invocare (IVC) $15.04 Is a fight to the death looming for the country’s two biggest funeral operators? On the M&A front, Invocare and the recently-listed Propel are jousting for the best acquisitions in a fragmented…

Kavanagh

One issue that continues to cast a shadow over the credibility of the self-managed superannuation industry is the use of limited recourse borrowing arrangements. However, the latest industry data shows that this should not be a matter of great concern.…

Super secret: the contribution strategy you’ve never heard of

Cuts to concessional and non-concessional contribution caps, introduced last year, will limit the amount that many people can put into their super funds. But there is another cap, the capital gains tax contribution cap, that is often overlooked. When a…

Lessons from the ASIC adviser review

Investors can take some valuable lessons from ASIC’s latest report on the shortcoming of financial planners. The regulator highlighted a number of steps that should have been taken, but often are not, during the advice process. Armed with this knowledge,…