Alex Large, head of equity capital markets at JPMorgan in Australia, says Australian companies will continue to return money to shareholders while there remains a lack of investment opportunities. He also speculates on the success of the proposed Australia Pacific Exchange and reviews the IPO pipeline.
Why has this reporting season been such a good one for Australia's corporates
Large Mainly because the domestic economy is so strong and this is having a positive impact on revenues. The global economy has also been growing strongly and this has helped Australian companies with export-related revenues, which have also benefited from a drop in the Australian dollar in...
