Australia's share buy-back trend to continue

As Telstra launches another share buy-back, JPMorgan''s Alex Large explains why there are few investment opportunities for Aussie companies.

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...

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