Mega Apartment project may flood Melbourne market

Mega apartment project gets green light in Melbourne CBD 12 March 2016  AFR   by Nick Lenaghan A syndicate of expatriate Chinese investors has won approval to develop a $1 billion, high-rise apartment project, creating one of the largest residential developments in the Melbourne CBD. Approval for the massive project, which will deliver 1800 apartments in twin 79-storey towers, comes amid growing unease the apartment…

Happy New Year!

The Guildford Office of Roxburgh Securities is now open for 2016, however will be closed Monday 25 January & Tuesday 26 January 2016 [Australia Day] Call 9379 3555 [24 hour pager] for any urgent matters    

Loss after Loss: Why smart investors are deserting Industry Super Funds

IFM hires banks for $2 billion Pacific Hydro sell-off Privately held “dark pools” of capital finally exposed 16 April 2015  Australian Financial Review It’s understood IFM Investors, run by Brett Himbury, had already received some interest in the unit before deciding to sell the asset. Louie Douvis  by Sarah Thompson Anthony Macdonald Jake Mitchell IFM…

10 things rich people know

People don’t become wealthy by accident, here’s how they do it –  By Jocelyn Black Hodes As a financial adviser, I have occasionally found myself feeling envious of certain clients. Not because of their wealth — but because they were disciplined and determined enough to do all the right things that enabled them to accumulate…