Australian has much stricter rules in banking systems than HK's. Also, the dividend rate is much better as the dividend cannot be much lower than the fixed deposit of AUD around 6%. One should not loss much for the biggest banks like ANZ, Commonwealth, Westpac (WBC) and National Bank (NAB). However, since the economy is very matured, don't expect there will be growth of 100% as the banks in China.
BHP is a good one. WoodSide Petroleum (WPL) is another giant for natural resources. The China gov't keeps buying the biggest giants like Rio Tinto (RIO) and the smaller mining companies to gain bargaining power and raw materials each yr. I don't think the China's purchase of mining companies (big or small) will stop, unless China gov't doesn't want any further expansion in the city construction, new power stations, bus or private cars etc. Also, the "blood" to drive the economy is petroleum. So don't forget any big or small petroleum companies.
The good thing is, unlike China, the Australian's natural resource prices match with the international's. So buying a natural resource company will enable u to benefit fm the appreciation of its material price.
However, since US is the train head for economy. No matter how good the Australian's regulation and companies are, the ASX stock market won't be good if US' train head slow down.
Anyway, I hv quite many ASX stocks already. And I'll try to buy gold or other commodities directly than the companies.
[ 本帖最後由 b4321 於 2008-8-21 21:54 編輯 ]
