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CMC Markets to Selfwealth, a $500k Ferrari with cash or debt, budget winners, QUAL in the core & more

Australian Investors Podcast

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The Budget Is Underwhelming

1600 construction companies have gone bankrupt in the last six months or nine months. It's not uncommon because the profit margins, even on listed property developers, like return on investor capital is like four, five, six, seven, eight if you're lucky. So it doesn't take much to go wrong for that business to go wrong. And I think a lot of people underestimate that they just think size equals good, which is not necessarily the case.

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