REITs

With July coming to a close, it’s time for reporting season – and this year, it’s not going to be pretty.

A dedicated allocation to ASX listed REITs is largely an Australian idiosyncrasy as a legacy from the high weight and structural elements of the property trust sector in its heyday. The 2009 financial crisis should have put paid to the role REITs had in portfolios given their distribution cuts and capital raisings at the time….

Most of us have not experienced the current level of government and institutional direction of our lives. The impact on business is likely to be profound. Banks are possibly the best example, where their every move is dictated by policy from monetary and political authorities. Who can they lend to, at what rate, where should…