ANALYSIS: Capitalist economies tend to thrive when businesses can safely assume that governments will treat them fairly and consistently and that changes in regulations and taxes will be driven by broad policy objectives rather than erratic favouritism.
ANALYSIS: Maybe there should be mechanisms introduced to streamline the post-election government formation process.
ANALYSIS: There are parallels between 2023 and other periods following central bank hiking cycles to suggest that fixed income could be ready for a resurgence.
ANALYSIS: In understanding a company’s potential future operating margins, it’s often useful to understand how its economic characteristics compare.
ANALYSIS: A closer look at what this means, in particular with regard to recent SkyCity provision and impairment announcement.
ANALYSIS: ... pointing to a structural Chinese slowdown?
ANALYSIS: For the first time Rio/NZAS do not hold all of the negotiating cards.
ANALYSIS: Ultimately, the value of an investment in shares is linked to the ability of the underlying companies to distribute cash to shareholders.
ANALYSIS: Let’s be objective.
ANALYSIS: If the announced government review is successful, a change could help all parties by incentivising gross reductions.