real estate investment trusts


Wake-up call for investors facing lower returns in Labor franking plan

Wake-up call for investors facing lower returns in Labor franking plan

Under Australia’s system of dividend imputation, shareholders receive franking credits to account for tax paid at the corporate level, which in most cases is 30 per cent. Credits can be used to offset tax owed by the shareholder.For people who pay little or no tax (such as superannuation funds and retirees), excess franking credits are…



Rate cut hopes kick stocks higher but fizz may fade

Rate cut hopes kick stocks higher but fizz may fade

Part of the reason for the sharp advance in the banks and retailers is because both sectors fell heavily last year, challenged by cyclical and structural pressures, according to Hasan Tevfik, senior research analyst at independent research house MST Marquee.”When something is exceptionally cheap, then you don’t need much good news. You just need less…



Vicinity write-down shows the retail tide has turned: Citi

Vicinity write-down shows the retail tide has turned: Citi

The devaluation also follows a “small but significant rise” in Stockland’s cap rate, they noted, which followed its divestment of two malls in Bathurst and Caloundra on the Sunshine Coast for a combined $113.1 million at discounts to their book value last November.”We viewed this as helping confirm that sub-regional values had peaked,” they wrote.…