Blogs

The New Criterion

Having been long on promises but short on deliverables, the ASX listed cannabis sector is taking an evolutionary step from growing the stuff to proving that pot is indeed the healing herb it is meant to be. To date, the…

The New Criterion

The savage sell-down of aerial mapper Nearmap (NEA, $1.94) highlights the dangers of investing in tech stocks valued on lusty revenue multiples that leave little room for error. Given that billion dollar valuations have become common in the sector, no…

Kavanagh

The Australian Securities and Investments Commission started a heated debate last October, when it issued an SMSF fact sheet. The controversy continues. ASIC said running an SMSF was relatively expensive and time consumer, and $500,000 was an appropriate minimum balance…

The New Criterion

With the stock market off to a galloping start in 2020 – at least before the coranavirus sniffles set in — most investors would have been content with a passive market exposure to the usual blue chips. As is the…

Kavanagh

Banks have argued strenuously over the past year that established mortgage account holders don’t pay a premium or “penalty”, compared with new borrowers. The Reserve Bank says they do. For variable rate mortgages, older loans typically have higher interest rates…

The New Criterion

For the best part of 50 years Victoria’s once fecund goldfields have been a basket case, given lack of government support and disastrous big-ticket attempts to revive the underground Bendigo and Ballarat mines. Now, the region is in the midst…

Kavanagh

Lifecycle investment options in superannuation funds have been getting a bit of coverage lately, with one article saying they can increase retirement benefits by up to 35 per cent. A typical lifecycle fund is one that automatically changes the member’s…

The New Criterion

With the prolonged bushfire crisis abating thanks to the efforts of Mother Nature and tireless firefighters, now’s the time for investors to ponder the effect of the nation’s biggest firestorm on their listed exposures. In terms of direct ramifications, a…

Kavanagh

One of the difficult issues facing retirees is getting their pension asset allocation right. Should they stay in balanced or even growth options in the early years of retirement to counter longevity risk? Or should they move into a capital…

BlackRock is the canary in the coal mine

The announcement by BlackRock, the world’s largest fund manager, that it will dump more than half a billion dollars in thermal coal shares from all of its actively managed portfolios, might not seem like big news. Announcements of this kind…