In the Media

Much Ado About Greece

Daily Telegraph - 20 Jan. 15

If you thought it was groundhog day again you’d be right, because if you are like me, you’re probably tired of all the talk about a Greek exit from the euro. After all, they have been chatting about that since the GFC, which occurred in the prior decade. In my opinion, the big players who stand to lose the most have had more than enough time to either allow Greece to exit the euro, or to make the decision to write off some of the debt...

Timing Off For Interest Rate Cut

Geelong Advertiser - 17 Jan. 15

While I’m all for paying lower interest rates, is the current call by the big banks for the RBA to further cut the cash rate really what’s best for our country, or simply good business for the banks? The big banks are calling for the RBA to cut the cash rate, by a quarter of a percent from 2.50 per cent to 2.25 per cent, which would see interest rates fall, so as to stimulate borrowing. As the big banks seem to be the main campaigners, it would be wise to pay closer attention to the debate. We all can recall what occurs when banks are allowed more influence and control, just think of the GFC...

Don't Expect Quick Profit on Medibank Float

Daily Telegraph - 13 Dec. 14

Medibank Private investors who have handed over their hard earned cash are more likely to lose than win over the coming year. Despite all the celebrations about the success of the Medibank Private float by the Australian government, to me the only winners in the next 12 months will be the brokers who sold the shares and the government, who raised more than $5 billion from it. In the short term the prognosis for investors is not good, as the share price opened at around $2.22 before falling by around 6 per cent, and in my opinion it is likely to move lower. So, if you bought Medibank, what do you do...

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.