array(1) { [0]=> &object(stdClass)#6552 (52) { ["id"]=> string(5) "17344" ["title"]=> string(132) "Could property prices inflate by another 20%? What’s happening in recent dividend announcements? Did your fund fail the YFYS test?" ["alias"]=> string(135) "could-property-prices-inflate-by-another-20-per-cent-what-s-happening-in-recent-dividend-announcements-did-your-fund-fail-the-yfys-test" ["introtext"]=> string(176) "

In this episode of The nestegg Podcast, host Maja checks in with our three experts to discuss this week’s biggest conversations about super, property and investment.

" ["fulltext"]=> string(1149) "

Steve Waters, director of Right Property Group, talks about the current market and its growth prospects, hinting at a “revenge spend” period post-lockdown. Could property prices really inflate by a further 20 per cent?

Meanwhile, RMIT’s senior lecturer of finance, Dr Angel Zhong, talks about the earning season and dividends, delving into how companies decide distribution policy. Find out what is happening in the recent dividend announcements.

Last but not least, tax and super guru Timothy Munro talks us through the results of APRA’s inaugural super test and how engaged members should really be with their super. Timothy also touches on the super splitting law and what it means for relationship breakdowns.

Have a question for our experts? Get in touch at [email protected] and you might get featured in the next episode.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "302" ["created"]=> string(19) "2021-09-07 06:13:09" ["created_by"]=> string(4) "2404" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2021-09-08 00:31:26" ["modified_by"]=> string(4) "2334" ["modified_by_name"]=> string(18) "Jerome Delossantos" ["publish_up"]=> string(19) "2021-09-07 08:01:32" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(233) "{"image_intro":"images\/podcasts\/Angel_Zhong_Steve_Waters_Timothy_Munro.jpg","float_intro":"","image_intro_alt":"","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(855) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","send":"0","test":"0","comments":"1","readingDiff":"3","schema_active":"0","schema_name":"","schema_description":"","schema_thumbnailUrl":"","schema_uploadDate":"","schema_duration":"","schema_contentUrl":"","schema_embedUrl":"","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(101) "property, prices, inflate, cent, what’s, happening, dividend, announcements, fund, fail, yfys, test" ["metadesc"]=> string(167) "In this episode of The nestegg Podcast, host Maja checks in with our three experts to discuss this week’s biggest conversations about super, property and investment." ["access"]=> string(1) "1" ["hits"]=> string(2) "76" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "1149" ["ordering"]=> string(1) "0" ["category_title"]=> string(7) "Podcast" ["category_route"]=> string(17) "resources/podcast" ["category_access"]=> string(1) "1" ["category_alias"]=> string(7) "podcast" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "82" ["author"]=> string(12) "Robyn Tongol" ["author_email"]=> string(33) "[email protected]" ["parent_title"]=> string(9) "Resources" ["parent_id"]=> string(3) "300" ["parent_route"]=> string(9) "resources" ["parent_alias"]=> string(9) "resources" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#6506 (3) { ["data":protected]=> object(stdClass)#6651 (95) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(71) "Invest Money - Strategies and Tools for your Investment Goals | nestegg" ["menu-meta_description"]=> string(180) "Let us help you decide how you want to invest your money on. Learn the best strategies in investing and options like cryptocurrency, bonds, mutual funds, property and stock market." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["page_heading"]=> string(71) "Invest Money - Strategies and Tools for your Investment Goals | nestegg" ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2021-09-07 08:01:32" ["slug"]=> string(141) "17344:could-property-prices-inflate-by-another-20-per-cent-what-s-happening-in-recent-dividend-announcements-did-your-fund-fail-the-yfys-test" ["catslug"]=> string(11) "302:podcast" ["link"]=> string(154) "/resources/podcast/could-property-prices-inflate-by-another-20-per-cent-what-s-happening-in-recent-dividend-announcements-did-your-fund-fail-the-yfys-test" ["image"]=> string(58) "images/podcasts/Angel_Zhong_Steve_Waters_Timothy_Munro.jpg" ["image_alt"]=> string(0) "" } }

Latest Podcast

Could property prices inflate by another 20%? What’s happening in recent divid...

Resources

There is $17.5 billion in lost and unclaimed super across ...

Invest

Australian insurer getting rid of thermal coal interests

By Grace Ormsby

July 30 2019
Share

Invest

Australian insurer getting rid of thermal coal interests

By Grace Ormsby
July 30 2019

An Australian insurance giant has announced its exit from the thermal coal industry in line with its responsible investment policies.

Australian insurer getting rid of thermal coal interests

By Grace Ormsby

July 30 2019
Share

An Australian insurance giant has announced its exit from the thermal coal industry in line with its responsible investment policies.

According to a statement from Market Forces, Suncorp is the second Australian insurance company to announce its exit from thermal coal this year, after QBE previously committed to phase out its exposure to thermal coal by 2030.

A Suncorp spokesperson has said that the company “recognises climate change will have a systemic impact across sectors and geographies, presenting a wide range of financial and strategic risks and opportunities for our business, communities, and the wider economy”.

Suncorp has noted its exposure to the fossil fuels industry as “not material”, but did confirm that the organisation “do[es] not directly invest in, finance or underwrite new thermal coal mining extraction projects, or new thermal coal electricity generation, and we will phase out of these exposures by 2025”.

“We will seek to increase exposure to businesses that have a positive environmental impact, including renewable energy generation and technology,” a spokesperson explained.

The figure that the insurance giant cited was that its current exposure to such fossil fuels sits at less than 0.5 per cent in the insurance business and investment portfolio, and a “negligible” proportion of the organisation’s commercial lending portfolio.

Suncorp also doesn’t finance fossil fuel projects as it doesn’t have an institutional bank, the spokesperson noted.

The company said it had implemented a “responsible investment policy” in 2017, which applies a shadow carbon price for the reduction of financial risk that is reviewed annually.

Suncorp also outlined its implementation of a “responsible banking and insurance policy” earlier this year, which seeks to apply the same principles to Suncorp’s underwriting and banking businesses, so that the application of a shadow carbon price is aligned business-wide.

Commenting on the move, Market Forces campaigner Pablo Brait said “Suncorp’s dumping of coal means there is now not one single major Australian insurer willing to provide insurance for new, climate-wrecking thermal coal projects”.

How will the move impact investors?

For Canstar’s group executive of financial services and chief commentator, Steve Mickenbecker, the move by Suncorp is “not surprising”.

“It’s the responsible kind of ethical investment approach that a lot of people are looking for these days, and it’s the way that, I guess, the finance industry can actually contribute to the whole global warming issue”.

Suncorp is joining a good number of investment managers who have said they won’t invest in thermal coal “just as many years ago they said ‘we’re not investing in tobacco’”, Mr Mickenbecker expressed.

The financial services executive emphasised that when an investment manager takes a stance that they are not going to invest in some class of asset, “they are, of course, putting themselves in a position where they might be foregoing lucrative investment opportunities and that means potentially reducing the return that’s available to their investors”.

“However, if you look at certain investments, you [do] look at them and say ‘are they sustainable?’”

“Maybe thermal coal is one of those that you look at and go, well the growth path of thermal coal is in decline, just as the growth path for tobacco was in decline many years ago, and it can be rationalised in terms of investment returns,” Mr Mickenbecker stated.

Noting that the jury is out “as to whether the returns from thermal coal are going to beat returns from other investments”, he said investment managers will be looking to the longer-term sustainability to argue that they won’t.

“So will investors suffer?” the executive posed.

“Maybe short term a little, but longer term, you’d think not.”

This email address is being protected from spambots. You need JavaScript enabled to view it.

Forward this article to a friend. Follow us on Linkedin. Join us on Facebook. Find us on Twitter for the latest updates

Rate the article

About the author

Grace Ormsby

Grace is a journalist on Momentum Media's nestegg. She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.

About the author

Grace Ormsby

Commodity

Morrison’s gas-led recovery sees manufacturers ‘held to ransom’ by gas cartel

Australia’s manufacturing sector and its workers are being ‘held to ransom’ by the gas cartel, despite the Morrison government promising cheap gas as a key policy in the COVID-19 recovery plan. ...Read more

Commodity

‘Investors should take note’: Gas-led recovery to lead to stranded assets

Australia’s gas-led economic recovery could be relying on inaccurate financial assumptions, new research has revealed. ...Read more

Credibility up in flames as government opens 21 new gas sites

Commodity

Credibility up in flames as government opens 21 new gas and oil exploration sites

Climate groups are saying the Morrison government lacks any credibility when it comes to climate change after it announced 21 new gas and oil exploration areas. ...Read more

Commodity

Morrison urged to drop gas-led recovery after new global warning

The International Energy Agency has found that countries like Australia need to transition their energy grid within 14 years to reach net zero, defying Prime Minister Scott Morrison’s gas-led econom...Read more

Commodity

Taxpayers to bear brunt of Morrison’s $2bn pledge to oil refineries

Taxpayers are set to be on the hook for up to $2 billion over the next decade as the government commits to protecting two oil refineries. ...Read more

Commodity

Government unveils $1bn energy deal

The Morrison government has announced a $1.1 billion energy and emissions agreement between the federal and South Australian state government. ...Read more

Commodity

Australia can get rid of coal without prices skyrocketing

Australia’s transition to renewable energy is unlikely to create unaffordable electricity prices or come at the risk to reliability, with policymakers urged to generate the majority of power from re...Read more

Commodity

Retail clients will no longer dabble in binary options following ASIC ban

ASIC is cracking down on binary options by banning their sale to retail clients as of 3 May, after trading in this financial product cost retail clients an estimated net $490 million in 2018. ...Read more