Jason Teh High Quotations

If you remove the regulatory hurdle it paves the way for Toll to financially engineer how they can complete it. A higher cash component would definitely lure them across the line.

Things are getting tougher in New Zealand. While the rest of the world hasn't really priced in the risks associated with higher interest rates and slower growth, New Zealand's market has started to do so.

The appeal of these investments is a high and steady yield, rather than their growth opportunities. There's a high element of demand for these assets at the moment.

The market has been running hot for a year or two on these higher commodity prices, but it's not all good. There are repercussions from higher commodities prices as well that investors have yet to take full account of.

It was a good result considering the environment of higher costs being faced by miners.