A survey of SMSFs by CoreData finds trustees accessing financial advice are more knowledgeable and have more diversified portfolio allocations than those going it alone, as we shift into a new climate for retirement investment.
Phillip Capital reviews Australian economic data and moves in stock, currency and gold markets.
Price momentum should improve among commodities, the lead market is balanced while coal still has it tough and Citi wonders what can be done about iron ore volatility.
Shares in Freedom Foods have rallied 130% over the past year and another broker has picked up coverage with a Buy call.
Jonathan Barratt of Barratt’s Bulletin sees gold suppoted as physical purchases from central banks offset paper market selling. Opportunities are also presenting in platinum and palladium.
A wrap of the day’s activity on the Australian stock market.
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Online real estate leader REA Group is looking to change its business model which sees UBS enthusiastically upgrading earnings expectations.
Another quarter, another failed bid, another earnings downgrade. Billabong is increasingly in the hands of the financiers.
FNArena’s weekly update on short positions in the Australian share market.
Transpacific downgraded earnings forecasts for FY13, largely because of work deferrals, but brokers are confident the business will cope.
