Latest News

AMP appoints David Murray, former Commonwealth Bank head, as new chairman

AMP appoints David Murray, former Commonwealth Bank head, as new chairman

The former Commonwealth Bank chief executive David Murray has agreed to become AMP chairman.  AMP says Murray, who was also chairman of the Future Fund and led the 2014 Financial System report, will take on the role on or before 1 July, leaving executive chairman Mike Wilkins to return to the position of interim chief executive. […]

Dividend Reinvestment – The Powerful Wealth Creation Machine

Dividend Reinvestment – The Powerful Wealth Creation Machine

One of the most powerful forces in the world is the power of compounding.  When harnessed to create wealth there is no force like it.  As an investor you can choose to receive interest on your money through a bank or invest in great companies and receive a share of their corporate earnings. Below I […]

Australian Private Health Vs Your Portfolio Wealth

Australian Private Health Vs Your Portfolio Wealth

Private Health The Private Health sector faces many challenges, profitability is falling for private health operators and private health insurance is appearing embattled.  In the healthcare sector, major operators of private hospitals, multi-disciplinary medical centres, pathology and radiology are outlaying huge sums of capital yet battling with under-performing divisions, increased costs and competitive pressures.  I […]

Can you survive a sharp downturn?

Can you survive a sharp downturn?

You sit down with the annual report, spreadsheet ready to see what hidden gold may await.  In the Balance Sheet there’s an important measure of liquidity known as the Current Ratio; total current assets divided by total current liabilities.  This little gem gives you an idea of whether the business could quickly cover their short-term […]

Why an investment manager could save your Life(style)

Why an investment manager could save your Life(style)

It’s no secret we are busier than we’ve ever been as a society.  With more people seeking to escape from debt, change into a less hectic lifestyle or transition into healthier work-life balance, investments have become a hot topic.  Before you dive your hard-earned cash into the next the dinner party hot tip, let’s have […]

Nanosonics (NAN) a brief overview

Nanosonics (NAN) a brief overview

NAN: What do they do ? Today I want to take a quick look at Australian Medical Technology Company Nanosonics (NAN), what they manufacture and sell and quickly explain without too much jargon and technicality why their product is needed and then overview briefly some of the potential issues that it may face.   This company […]

Wesfarmers jumps higher on Coles demerger

Wesfarmers jumps higher on Coles demerger

The Wesfarmers Ltd (ASX:WES) share price jumped 5% to $43.41 this morning after the company announced historic plans to divest its Coles grocery business via a demerger. The proposed plan, which would be one of the biggest corporate transactions in recent memory, would see the new ‘Coles Company’ owning:   806 Coles supermarkets (including Coles Express and Coles […]

ASX brightens up as investors parse earnings

ASX brightens up as investors parse earnings

Australian shares pulled off early lows to end with mild gains on Thursday, as investors focused on earnings from some of the country’s biggest companies.  The S&P/ASX 200 index rose 13 points, or 0.2 per cent, to 5890 while the broader All Ordinaries rose by the same point and percentage amount to 5995 and the […]

Franchise’s loose everything as RFG fails to deliver

Franchise’s loose everything as RFG fails to deliver

Many Australians who’ve been financially ruined, all because they wanted to fulfil their dream of owning and running a small business. They’ve lost their homes, their dignity – and in some cases their marriages.  They were all unlucky enough to buy a Michel’s Patisserie, Gloria Jean’s, Pizza Capers or Donut King franchise from Retail Food Group. It […]

Afterpay at record high as sales boom

Afterpay at record high as sales boom

Afterpay Touch shares are at a record high after the-buy-now-pay later service revealed its underlying annual sales are on track to reach more than $2 billion and flagged a potential foray into the US.  In the three months to December 31, Afterpay’s underlying quarterly sales hit $551 million, up from $367 million the previous quarter.  […]