Wry & Dry #16-25 Teals’ Sextets’ silence. Trumpster to win. Pandemic review.
There would be hue and cry if treasurer Grim Jim Chalmers requested the CBA for a discounted home loan rate. The cry would be loudest from parliament’s Teals’ Sextet.
Y’see, in the 2022 election campaign, the Teals’ Sextet campaigned strongly on integrity in politics. They championed the establishment of a National Anti-Corruption Commission, with “real teeth” (as distinct from one with false teeth, perhaps).
Portfolio holdings – HMC Capital and Imdex
In this week’s Investment Matters, Craig Shepherd provides an update on two portfolio holdings: HMC Capital, which sits in the Property sub-portfolio, and Imdex, which forms part of the Australian Equities sub-portfolios.
The property sub-portfolio has, over the past 5 years, worked towards two critical goals
1. Create a set of investments in the sub-portfolio that represents a true diversification away from the remainder of the equity, income and alternatives sub-portfolios;
2. Invest in companies that benefit from the long-term trends in activity and profit growth from property without necessarily requiring asset price growth.