James Hardie's hidden appeal

Asbestos liabilities and cyclical markets aren’t usually associated with a promising investment. But James Hardie is a much better business than it first appears.

Woodpeckers aren’t a big problem in Australia. Not so in the United States, where they can cause major damage to homes – along with the usual threats from termites, moisture, fire and wind. These threats can all be minimised by using fibre cement, a product made from cellulose fibre, cement, sand and water.

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