In the Media

Sending Them Packing

Herald Sun - 06 Jun. 15

Janine Cox, an analyst at fund manager Wealth Within, also says most of the fall is over. "The market is likely to settle and rise next week or the week after," Ms Cox says. “The All Ordinaries index has fallen for seven weeks since the high in April — typically our market falls between five to eight weeks. “Given this, much of the current fall is likely to have occurred, although volatility is likely to remain into early July.” It’s not all bad news, either, according to analysts. The recent price falls could mean discounted buying. “With the recent fall, valuations have come back which means prices are at more favourable levels for buying opportunities...

How About a Bigger Tax Return

Rescu.com.au - 02 Jun. 15

It’s almost tax time again, and depending on whether you expect to receive a tax bill or tax cheque may determine how you feel about doing all of that preparation to lodge your return. Now, if you find yourself a bit out of your depth when it comes to tax, then it is really important that you know the tax lingo, and I’m here to shed some light on some of the common terms and possibly help you maximise your chances of a bigger tax refund. Some of you may have more than one return to prepare, particularly if you receive an income in your own name and perhaps hold assets in a trust, or company...

How to Get the Best Deal in a Takeover

Daily Telegraph - 26 May 15

IINet sounds more like something out of a Terminator movie than an investment listed on the Australian exchange. Rather than being “terminated”, iiNet (IIN) may soon be swallowed up by TPG Telecom (TPM). Now if you hold IIN, or any company that may be a possible takeover target, then you need to know how to determine a fair price for your shares. Firstly, there is more than one way for a takeover to occur: Via a friendly takeover or acquisition, where the bidding company makes an offer to the board of the target company, the board likes the offer and shareholders are advised to accept the deal and they vote on it; or a hostile takeover...

It's time to get it right on super

Daily Telegraph - 19 May 15

Compulory super has been around for 30 years and yet so many still retire on a government pension, or don’t have enough super to live a comfortable retirement, and this is likely to continue for decades. Why is this? I believe part of the reason is that governments have failed to get the legislation right. Every year, right before the release of the federal Budget in May, superannuation is hotly debated. But most of what is said doesn’t help you — it’s mostly hot air...

What to do With Medibank Stocks

Australian National Review - 12 May 15

Investors have been watching closely as their Medibank Private shares have fallen by around 15 per cent from the recent high of $2.59 in February 2015, to around $2.20, at the time of writing. So where does this leave you if you are holding the stock? As mentioned in articles previously written by me, the first 12 months post any float, the ride for investors is often a very rocky one. Statistics show this is the case as they indicate that more than 50 per cent of floats trade below their issue price within the first 12 months...