In the Media

Glenn has big job to talk dollar up

Geelong Advertiser - 06 Dec. 14

Reserve Bank of Australia chief Glenn Stevens once called for our dollar to drop to $US80 cents. Now that it's down at around this level, Australians want to know how will he stop this speeding train in its tracks? Firstly, let's look at the bigger picture by going back to July 2011, when the dollar was trading at its all-time high, at around $US1.10. Most Australians agreed that the dollar was too high and needed to come back. However, at that time did you picture our dollar sinking to the level Mr Stevens pointed to? Currently, the Aussie dollar is trading very close to $US0.80, or down by around 27 per cent...

Godfreys Launches $78million IPO

Smart Company - 26 Nov. 14

But Janine Cox, investment analyst at Wealth Within, is wary of the potential success of another retail IPO, which she says are "not that popular at the moment". "However, this could change in the new year if the data shows that retail spending is improving," Cox told SmartCompany.

Woolies Fans Need to Let Go

Geelong Advertiser - 15 Nov. 14

Long term investors are passionate about their Woolworths (WOW) shares, and the GFC certainly strengthened this resolve, with the shares falling less than the market at that time. However, even when the reverse is true, and recently this occurred, some investors will continue to hold no matter how far shares fall. But what's the risk, and why put any company on such a high pedestal? Investors argue that WOW is in the top 20 listed Australian shares on our market and they are able to walk right into one of the stores, which provides a sense of comfort...

Future coming up short

Geelong Advertiser - 15 Nov. 14

Australia's Future Fund was put in place to cover unfunded superannuation payments beyond 2020, and the fund has reported excellent returns for the past two years. However, what is there to cheer about when the fund balance appears to still be behind the eight ball? Based on a simple check, and I'm not suggesting it is conclusive, the fund appears to need to generate around $19 billion in the next nine months to achieve the target for the 2015 financial year...

As commodities fall

Daily Telegraph - 10 Nov. 14

As commodities fall and dollar drops, investors look for advice Investors are currently not overly bearish but they are concerned about the market. Why? The Australian economy is in a state of flux because commodities have been falling, the dollar is dropping, and is likely to continue to fall, our banks are facing tighter regulatory requirements, and the market is up one month and down the next, not to mention what is occurring offshore...