Whether it’s milk or wine, the future looks promising for trusted Australian products.
Consumer staples ... it almost evokes images of getting your flour measured out by the scoop at the corner store of old. The idea, of course, is to separate these companies from more optional purchases at the “discretionary retail” companies that we covered last month. Which it does. Sort of.
Within the official classification of consumer staples, we find the companies you’d expect: Woolworths (ASX: WOW), the newly relisted Coles (COL) and the grocery and liquor wholesaler Metcash (MTS), which you’d know more for its IGA franchise and its Cellarbrations, Duncan’s and Thirsty Camel brands (among others).
The ASX also counts winemaker and marketer Treasury Wine Estates (TWE) among this group, seemingly considering good Australian wine more of a staple need than a discretionary purchase. No comment. Ditto Blackmores (BKL) and Coca-Cola Amatil (CCL).
Diese Geschichte stammt aus der March 2019-Ausgabe von Money Magazine Australia.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der March 2019-Ausgabe von Money Magazine Australia.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
An outrageous, beautiful monopoly
Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.
Drop the anchor to judge value
Buying and selling decisions should be based on where a stock price is going, not where it has been.
Powering the AI boom
Beyond the software and chipmakers, where will the energy come from?
Get into life
Tucked inside super are products that can protect you from life's inevitable uncertainties.
Paths to home ownership
Taking the road less travelled can sometimes deliver unexpected benefits.
Sold! Quick ways to add value
Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.
Money lessons the kids need to know
Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.
Property-investing rules: are they likely to change?
The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.
What's love got to do with it?
A rollercoaster of emotions could be driving poor crypto behaviour.
Are we ready to be cash-free?
Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.
