Dear %%first_name%%,
Australia, apparently we don’t know how good we’ve got it, according to Nobel prize-winning economist, and professor of economics at Columbia University, Joseph Stigliz. He came out earlier this week to call out our politicians for being too pessimistic about our economy, which by international standards, is still pretty damn good.
Charlie Aitken is also expecting things to look a little bit better come next week if the outcome of the election is, as everyone suggests it will be, a decisive victory for one side. That should boost confidence, which in turn will boost retail sales and away we go. Read how it all fits in below.
Also in the Switzer Super Report today, we have George Boubouras from Equity Trustees, explaining why Transurban is definitely worth consideration and Ron Bewley examines Magellan and FlexiGroup in the financials sector.
In Buy, Sell, Hold – what the brokers say, pharma companies struggle, with Sirtix and Acrux both downgraded, and in his article Tony Negline looks at when the ATO might be able to take your super funds to pay down other personal tax debts.
Sincerely,
Peter Switzer