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Home / Author: Phil Ruthven Ao

Phil Ruthven Ao

Where is Australia’s future growth?

The Australian economy is changing, with new jobs in services, retail and health replacing the lost jobs in manufacturing. These trends are important for investors to find the successful companies of the future.

Taxation reform: is Canberra serious?

Major reform of Australia's tax laws hits a hurdle when opposition builds to unpopular policies. We have lost the ability to explain and advocate for change, especially when you look at global comparisons.

Are recessions a thing of the past?

Less than half of today's workforce has experienced a proper recession, but in the absence of serious reform and vision, Australia may break its 25 years of economic growth.

Where to put your money these days

Investment conditions across all asset classes are especially challenging at the moment, with investors struggling to find attractive yields or capital appreciation while managing risk.

Superannuation and our growing wealth

Average superannuation balances are increasing with each generation as more of a person's working life is covered by compulsory saving. It won't be long before super is the dominant source of wealth.

There’s too much confidence in confidence surveys

Confidence is important but can be misleading in terms of what is actually going on. Our emotions, which make us human, need to be balanced by facts, especially when we think times are grim.

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Investing

Creating a bulletproof investment portfolio

Is it possible to build a portfolio that performs well in any economic environment? So-called 'All Weather' portfolios have become more prominent of late, and this looks at what these portfolios are and their pros and cons.

Investment strategies

Last call on bank hybrids

APRA has released a plan to phase out bank hybrid securities and replace them with capital it regards as cheaper and safer. The transition will impact hybrid markets, funding spreads, and investor strategies.

Economics

Reality bites

Asset pricing remains buoyant and equity markets continue to chase financial assets over real ones. As the gap between ‘growth’ stocks and the rest widens further, investors need to decide which side to jump.

Property

Australia's house price league table

Sydney continues to have the most expensive median dwelling value, but the gap between it and the likes of Brisbane and Perth has narrowed. Melbourne's housing values are now the sixth lowest across the eight capital cities.

Shares

Key themes from reporting season, and what's next

Earnings season displayed green shoots in consumer spending, signs of China's economic malaise, and higher interest rates having a very different impact across companies. Here are the winners and losers.

Investment strategies

An important Foxtel announcement...

News Corp's plans to sell Foxtel are surprising in that streaming assets Kayo, Binge and Hubbl look likely to go with it. This and recent events in the US show the bind that legacy TV businesses find themselves in.

How a fund manager is using AI to get an edge

Artificial intelligence is taking the world by storm and the investment industry is still coming to terms with its immense capabilities. Here is how one fund manager is using AI to stay ahead of its competitors.

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