The Big Picture

• ‘Frankly my dear . . . we need to include Franking Credits in reporting and portfolio planning’ Here’s what they’re worth

   "Franking credits on dividends on Australian shares can add more than 1% per year to returns for Australian shareholders," says Ashley Owen, "but many professionals don’t include the value of franking credits in their clients’ returns – either historical, or forecast".

• The BIG picture – China builds another ‘Sydney CBD’ every 3 days – with our rocks!

   "The 20-year Chinese property construction boom is over, but I’m still bullish on Aussie exports to China continuing to grow", says Ashley Owen

• The BIG picture – Chinese steel production – the ‘Sydney Harbour Bridge’ index

   "If I had to pick a single number that drives Australia’s economic growth, income, wealth, living standards, and overall investment returns so far this century - it would be: China’s steel production" says Ashley Owen