Australian Share Market
Australian Share Market
blockchain technology
ASX Jumps on the Blockchain Bandwagon
blockchain technology‘The ASX will move its equity markets settlement and clearing system onto blockchain-inspired technology'. So there you have it. Blockchain technology is real. It’s not a mirage. It’s not a fad, as so many have suggested. It’s simply a better technology, which is going to replace the old ways of doing things.
The Problem with Gloomy Forecasts
forecastingEconomic forecasters are a brave brunch. Like the weathermen, they are damned if they do and damned if they don’t. The economists can see it clear as day. But like the storms over the weekend, predicting exactly where and when the problems will surface is the tricky part. And at the same time, despite this, pretty much every market segment is booming. How can that be?
The NBN Debacle that Keeps on Giving
NBN debacleIt’s the debacle that keeps on giving. It’s perfect symbolism for an inept, wasteful and completely incompetent Australian political system. Because access charges for the NBN are higher than what the consumer is prepared to pay, providers are taking shortcuts and trying to protect their margins by providing a poorer service.
How to Pick Future Winners
investing strategy in the marketThe golden rule of wealth creation is to generate a higher return on equity and assets than it costs to fund those assets. Because these two companies generate high returns on equity and capital, they generate significant cash. It allows them to pay a dividend, invest in growth, and pay down debt quickly if they need to, or buy back shares.