The outlook for the banks has improved substantially in the past six months. Housing lending has held up better than expected and business lending has been very, very strong.
Rita is one big question mark that's been removed and it's safer to buy stocks now. Companies that do business in the U.S. are naturally going to be more relieved.
It's hard to see where the future of Telstra's business lies. Its ongoing battle with the government isn't inspiring shareholders either.
It's hard to see where the future of Telstra's business lies, ... Its ongoing battle with the government isn't inspiring shareholders either.
It's an extremely profitable business model. They have carved out a very good niche, being among the first to identify infrastructure investments such as toll roads.