MARKETS SPECTATOR: The local yield story is over

Tim Toohey says yield hungry investors will search outside Australia for markets that offer better returns.

The yield party is over, according to Goldman Sachs’ Tim Toohey. “Australia no longer has a suite of stocks on attractive dividend yields in a global context,” he says. In June 2011 Australia had 30 stocks with a yield greater than six per cent and a beta less than one. Now the market has just one such stock, according to Goldman Sachs.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles