In this week’s podcast episode, James Thomson and Anthony McDonald discuss the ASX winners and losers as interest rates rise, why good news on jobs is bad news for homeowners, and ask if the canary in the coal mine for office property just died.
for some customers for the year starting July 1. IAG is doing the same. IAG has been able to push through increases across all of its insurance policies. So, it doesn’t matter whether you’re insuring your car, your house ... it’s gettingacross the lot. That’s massive. The common thread between the two is they’re both these big oligopolies, they’ve got four or five million customers each, and they’re offering essential services.
The obvious place to look for downgrades is the discretionary retailers. You’d have to think there’s going to be more downgrades out of things like Temple and Webster, Breville, even one of my favourite companies, JB Hi-Fi. The market is telling us there’s earnings pressure there.The property 44 Market Street in Sydney’s CBD, right near the Queen Victoria – a great property, like they all seem to be when they’re offered for sale. They sold it to a Hong Kong investor called PAG ...
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