Currency volatility, high operating costs, and lower grades are affecting decisions around continued production, expansions and the delinking of corporate equity from commodity prices.
The firm focuses on clean technology and industrial growth, capital raising services concerning municipal government interests, and private placements and public offerings of corporate debt and corporate equity.
An allowance for corporate equity would make currently marginal investment projects more attractive, though highly profitable firms would pay more tax.
The natural owners of nationally diversified portfolios of residential property equity are super funds, which have virtually no exposure to the sector having loaded up on listed corporate equity risk.