ASX share Ideas
AMP Limited (ASX:AMP) And Big 4 Banks End Lending To SMSFs
AMP Limited (ASX:AMP) has joined the Big 4 banks in ending lending to SMSFs for residential and commercial property.
September 26, 2018
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
AMP Limited (ASX:AMP) has joined the Big 4 banks in ending lending to SMSFs for residential and commercial property.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.25% at lunch.
Westpac Banking Corp (ASX: WBC) has just sent a letter to heavily-indebted property investors telling them they have month to find a new lender.
The Lynas Corporation Ltd (ASX: LYC) share price is currently down 16% on a Malaysian operations update.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.23% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.53% at lunch.
Flight Centre Travel Group Ltd (ASX:FLT) announced this morning that it has acquired Umapped.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.36% at lunch.
Premier Investments Limited (ASX:PMV) released its 2018 financial results to the market today revealing a 9.2% rise in underlying net profit.
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