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Investing in Australia?

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Thread replies: 15
Thread images: 2

Tell me /biz/, there's a real estate bubble going on in 'stralya and everyone knows it. I did some research and found some good stocks I might short to cash in on the bubble bursting (http://www.cnbc.com/2016/05/23/australia-housing-bubble-fears-make-investors-nervous-about-big-four-banks.html):

4 Stocks:
-Australia & New Zealand Bank (ANZ)
-Commonwealth Bank of Australia (CBA)
-National Australia Bank (NAB)
-Westpac

Any other good stocks/ETFs I could short? I was considering maybe buying an Ultrashort Australian Dollar ETF, but wouldn't that go down in the event that the Royal Bank of Australia eases monetary policy because of a recession?

Any other good instruments I can use to cash in on this? Is there any chance that the bubble will pop anytime soon or am I being a Cassandra?
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monitoring
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>>1502136
how do you short using westpac/commsec investing app or you can't?
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>>1503060

Brokers won't accept shorts from retail investors, unless you are buying in large volumes.

It's a moot point anyway. Shorting isn't worth the potential gain, let alone the stress.
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>>1502136
I thought it was a apartment bubble, not a real-estate bubble?

Houses with yards will still be going for >1million in Melbourne and Sydney. Right?

It's just that box in the sky you bought off the plan for 400k is gonna plummet.
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>>1502136
I think OP should look at shorting some of the building and construction companies, or their suppliers. Shorting banks seems risky, banks never lose.
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>>1502136
Lookup OceanaGold, they have a lot of potential and they're investing their capital expenditure in a very promising way
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>>1502136
BUY RAP
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>>1503508
had a look, looks promising like you said... how do we know their latest study is legit and they're actually going to find gold?
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>>1503575
I think they're just as viable as any other mineral company in that respect. You never really know
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>>1503501
>>1503491

Thanks guys- I'm a bit new to betting on real estate bubbles so I'm not familiar with all of the intricacies of it yet. I was reading a piece on Seeking Alpha about the Australian economy and decided to look into things.
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Buy gold stock minors, undervalued vs their resource in the ground. (PGM, SIH, GTR, LCD) Banks will decline, but there is not going to be a real estate 'crash' in Oz anytime soon. We are just around the bottom of the cycle in a lot of areas, and apartments will screw a lot of people over as valuations come in lower than they put deposits on for them.
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>>1503510

this!
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On an aus note, why did JB go up by 5% when they announced a rights offer? Shouldn't it have dropped?
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>>1503730
>undervalued vs their resource in the ground

You cannot be this new
Thread posts: 15
Thread images: 2


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