
Why the takeover boom is only starting
The Money Puzzle
00:00
What's Going to Happen to Australia's Pension Funds?
The yields on which australian companies trade are much, much higher than the yields members of overseas pension funds are willing to except dovo. So what we predicted would happen is that for those companies that generate reliable, boring, annuity style income streams, they would be targets of takeovers. That's why they wen't fist in the airport then. Well, thats primarily an australian acquisition,. becauseiow there are restrictions on ae here of the city harport and the australian super funds. We r the earning el double. Right? They're double the us. On average at easexactly.
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