Finance News
More investors focussed on dividend yield as the troubles in Europe intensified in 2011 and global sharemarkets remained volatile. They sought income-producing alternatives, such as blue-chip stocks with reliable, high yield. MATTHEW KOROI of Clime Investment Management reports. Many investors are shifting their focus to achieving yield rather than capital growth, and favouring bank deposits…
JB Hi-Fi shares have tanked in early trade after the retailer surprised the market late yesterday with a pre-Christmas downgrade that shattered hopes the festive season would save retailers. Shares in the electronics retailer plunged $1.96, or 13.1 per cent, to $13.04 in morning trade, falling to their lowest since June 2009. Other retailers fell…
Zurich’s Matt Drennan bemoans the lopsidedness of the local economy but believes there is reason for optimism in 2012.Having read a lot of commentary on the current Australian Government’s problems and key drivers, I have come to the conclusion that the fundamental issue is relatively simple. They are more interested in the problem of how the…
Australia’s economy might be in better shape than those of other developed nations, but will this be enough to translate into rising local share prices in the New Year? Paul Taylor, head of Australian equities at Fidelity Worldwide Investment and portfolio manager of the Fidelity Australian Equities Fund, says banking crises are generally followed by sovereign…
Well it is Christmas, so lets talk about what stock give us and the good news is that there are rewards for being a shareholder that have little in common with the company’s share price, such as shareholder perks and discounts. Unlike share prices, shareholder discount schemes do not crumble in bearish sharemarkets and that’s…
On Tuesday, leak-proof bunkers were set up to house four senior banking teams. They are, in effect, war rooms where interest rate battle strategies are hatched and various scenarios are accessed and tested. Two are in Melbourne – ANZ and National Australia Bank – and the other two in Sydney’s CBD are occupied by teams…
European leaders battled over the fate of the euro in last-ditch efforts to stem two years of turmoil in financial markets and put the debt-addled continent on a sounder economic footing. Plans to funnel central bank loans through the International Monetary Fund started to fall into place as French President Nicolas Sarkozy warned “there’ll be no…
Having your home damaged or destroyed in a natural disaster is devastating. While these events are usually impossible to predict, one thing you can control is your insurance. If you live in an area that is prone to storms, floods or bushfires, home and contents insurance is essential. In the event of a natural disaster, the…
