6.30 Michael West: On The Hunt For Abuse Of Power | Nucleus Investment Insights
The Australian investment landscape is dominated by oligopolies.\n\nMany of these oligopolies are large donors to both sides of politics and seem to get an easy run when it comes to tax and regulation.\n\nMichael West runs a website that focuses on independent journalism. Part of what he does is hold companies accountable over unpaid tax, poor corporate practices and government/regulatory concerns.\n\nThere is a good argument, that in Australia over the last 20 years, some of the best investments you could have made are in regulated companies and vested interests.\n\nSocially and ethically, we are supporters of Michael\u2019s work and supportive of change.
\n\nAs an investor, you need to invest in what the world is, not what it should be. You need to be aware that much of the value in particular Australian stocks is tied to their closeness to regulators and political parties. If this changes, then the winners/losers in the stock market could change dramatically.\n\nJoin us in this week's podcast as Nucleus Wealth's Chief Investment Officer Damien Klassen, Senior Financial Adviser Samuel Kerr and Michael West dig into this topic. \n
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\nNucleus Wealth is an Australian Investment & Superannuation manager that can help you reach your financial goals through transparent, low-cost, ethically tailored portfolios. To find out more head to\xa0Nucleus Wealth Website.
\nThe information on this podcast contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management. Nucleus Wealth is a business name of Nucleus Wealth Management Pty Ltd (ABN 54 614 386 266 ) and is a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796