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Finance
05 Mar 2010
Strong investment in minerals is proving to be one of the prominent factors in the economic recovery from the global downturn through 2008-2009. The fact that Australia did not technically go into recession with only one quarter of negative growth recorded through this period is indicative of this. Its immense mineral wealth has ensured the Australian economy has remained strong and now sees its currency nearly level pegging with the US dollar.
See video below of IRG BOP’s Jonathan More...
26 Feb 2010
Telecom’s recent prominence in national media is not news whistling with joy for investors. The repeated failures of its XT network, the loss of 111 function in Auckland and multiple high level resignations all add to what should be a sad picture for the company. But oddly enough its share price is hanging in the $2.30 range and Telecom dividends are yielding at more than 10 per cent – an attractive return. More...
18 Feb 2010
The market is providing a mixed picture as the reporting season gets fully underway. Results shown so far are mixed with some genuine unknown factors still hampering confidence. The best example is with Telecom, which showed a positive report, but does not include the fallout from the XT debacle, which will cost the company.
See below for weekly market bulletin video with IRG BOP’s Jonathan More...
11 Feb 2010
Australia’s removal of the wholesale government guarantee for the wholesale fund is a big step that is likely to have a positive impact on the New Zealand market. This is a positive move for the markets and is a strong indicator of how economies are improving and recovering at a good pace.
See video below of IRG BOP’s weekly market update with Jonathan More...
05 Feb 2010
The Reserve Bank of Australia has surprised the market by not changing its 3.75 per cent official cash rate. IRG Bay of Plenty’s Jonathan York says this has worked well for international markets, because it has calmed the situation. It appeared the markets were possibly getting carried away with recovery from recession and trading was moving too quickly.See video below of IRG Bay of Plenty’s weekly highlights with Jonathan More...
23 Dec 2009
The year is drawing to an end and after the turmoil experienced by investors in failed finance company Hanover, there now appears to be a chance they may recover their losses. The Hanover investors decided by a vote of greater than 75 per cent to accept Allied Farmers’ deal to acquire the company’s assets in exchange for $400m in shares.
Investment Research Group BOP’s Jonathan York examines this issue and other year ending events in this, his final market analysis for More...
11 Dec 2009
The Reserve Bank has dropped its expectation that it will not consider increasing the OCR until mid to late 2010 and Governor Dr Alan Bollard has said it may rise earlier in the new year.
Investment Research Group BOP’s Jonathan York discusses this announcement and other finance issues from the week in the video More...
03 Dec 2009
This week has brought some major news in world financial markets with the announcement that Dubai is looking to renegotiate or possibly suspend payments on its debt. This among other international news, including the Reserve Bank of Australia’s raising of its Policy Interest Rate (NZ’s OCR), can have an impact on New Zealanders’ investments.
See below for IRG BOP's Jonathan York review.
Investment Research Group Bay of Plenty’s Jonathan York examines some of these More...
27 Nov 2009
With December just around the corner, market analysts are turning their minds towards 2010 and making predictions on what the new year will offer. Investment Research Group’s Jonathan York sums up some of these predictions and takes a look at some international markets.
Investment Research Group’s Jonathan York. See video More...
19 Nov 2009
As New Zealand’s economy continues to slowly kick into gear after the worst economic conditions the country has experienced since the 1930s, some quality investment opportunities and shifts in financial power have eventuated.
See video below for Jonathan York’s weekly market update.
Allied Farmers’ proposal to buy Hanover Finance’s loan books, record high gold prices and massive potential gains on the US sharemarkets are examples of this.
Investment Research Group More...
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