Market Watch
Market Watch
At its meeting today, the Board decided to maintain the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding Facility. It also decided to purchase an additional $100 billion of bonds issued by the Australian Government and...Read More
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on 3-year Australian Government bonds, as well as the parameters of the Term Funding Facility and the government bond purchase program. Globally, the news has been mixed recently....Read More
The outlook for the office sector in a post-COVID environment
November 30, 2020
The tightly held office market in Australia, particularly in Sydney and Melbourne, has had a stellar run in recent years, with strong fundamentals and robust tenant demand resulting in record low levels of vacancy. The last six months, however, has seen COVID-19 containment measures resulting in a large portion of the workforce working from home...Read More
Why a vaccine could be great for stocks
November 30, 2020
In a massive healthcare breakthrough in the race to save and protect lives from COVID-19, Pfizer has announced some highly promising vaccine trail results. All going to plan, this should save lives, and in time, help return our societies to some form of normality. While it’s not yet a finished product, the vaccine shows great...Read More
Exploring growth and value in an essential sector
November 30, 2020
Earlier in the year we wrote about our attraction to the mining services industry given a favourable macro backdrop, earnings growth and cheap valuations. While the macro side was very shaky for a few months through the COVID-19 pandemic, we believe it has actually become even more positive given Chinese stimulus and record low interest...Read More
How the banking sector has fared so far throughout COVID-19
November 30, 2020
When the COVID-19 pandemic first started to bite in Australia, we said the banking sector would hold up in relative terms, certainly better than it did during the Global Financial Crisis. I’m pleased to say, those projections are holding true. Seven months on since the COVID-19 pandemic started impacting the global economy, Australian major banks...Read More
Why was this year’s Federal Budget good for SMSFs?
November 16, 2020
by Graeme Colley This year’s Federal Budget was unexpected good news for anyone with a self-managed superannuation fund as there were no changes to the taxation of superannuation funds or contributions as many expected. The increase in the maximum number of members of SMSFs from four to six members; and a deferral of the start...Read More
Identifying post-COVID opportunities in infrastructure
November 16, 2020
by Joseph Titmus Listed infrastructure has historically delivered very dependable returns through a variety of market conditions and has proved remarkably independent to the performance of the broader equities market.1 This is understandable, given the unique risk-return character of the asset class. The stability that attracts investors to infrastructure is generated by cash flows which...Read More
Key things to understand about bonds in a COVID-19 impacted world
November 16, 2020
by Nathan Boon & Sonia Baillie Bonds have been strong performers over more than a decade in the lead-up to the current crisis1, and we believe they could play an important part in defensively positioned portfolios going forward. Their popularity is affected to a certain extent by a lack of understanding on the part of...Read More
by Dermot Ryan The government has signalled that business will be a driving force behind Australia’s recovery efforts, and we think this will be good news for domestic shares as we charge towards 2021. This year has been wild for share markets globally, but the world is learning how to cope with COVID-19 and business...Read More