Kevin Casey: How Inorganic Activity Can Spur Organic Growth
'We leverage M&A as a way to propel organic growth,' says the managing director at Pathstone. 'If there's not an organic growth kind of thesis behind an acquisition, we're not going to pursue it.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News.com.au
40 minutes ago
- News.com.au
How rentvesting helped this couple build real wealth
Smart buyers aren't choosing between super and property, and this Melbourne couple proves the most successful investors aren't picking between super and property, they're doing both. And Rob Bright and Siobhan Freeman are living proof. The Melbourne couple, who rent in Hampton but own in booming Ripley, Queensland, say they've already seen the pay-off of thinking differently, and they're not done yet. Buyers eyeing forgotten Melb Woolies store 'We live in Hampton and own in Ripley in South East Queensland,' they said. 'We bought in Ripley as a rentvestment in March 2021 and have lived in Hampton the whole time.' According to PropTrack data, Ripley house prices have jumped from $320,000 to $749,900 over the past decade, an average annual increase of 8.9 per cent, beating the 5.7 per cent average return delivered by Australia's top-performing super funds in the same period, according to SuperRatings. And with Melbourne's market rebounding, the couple said they could now be eyeing suburbs like Cobblebank, 11 per cent, Weir Views, 10.9 per cent, Aintree, 10.4 per cent, and Mickleham 9.9 per cent for their next investment. 'We definitely feel the market has changed and we are eager to get back in,' they said. For the couple, the strategy has always been about flexibility and smart planning, not chasing the status quo. 'Rentvesting was always part of our plan. It works for us.' OpenCorp chief executive Cam McLellan said the most successful investors weren't choosing between superannuation and property they were combining both. 'You don't have to choose super or property. Smart investors are doing both,' Mr McLellan said. 'That's how you future-proof, multiple levers working together.' Mr McLellan added that many buyers underestimated the leverage and tax benefits of owning strategically, especially in growth corridors. For Rob and Siobhan, the focus is on what works, not what looks good on paper. 'We've just found that rentvesting gives us the best of both worlds,' they said. 'We love where we live, and we're building equity somewhere with strong returns.'
News.com.au
4 hours ago
- News.com.au
MCoBeauty founder: ‘I didn't spend any time at home'
Just months after her headline-making exit from billion-dollar business MCoBeauty, the company she founded in 2016, Shelley Sullivan has opened up about the realities of building and running her brand while also raising two daughters. 'I had [my two daughters] Lucy [now 19] and Emily [now 18] when I started ModelCo [launched in 2002]. I didn't spend any time at home with the girls. I was working around the clock because I passionately loved what I did, but I wouldn't have been able to do that without family helping,' Sullivan told Stellar podcast Something To Talk About. 'I was working around the clock because I passionately loved what I did, but I wouldn't have been able to do that without family helping. Work-life balance is difficult. Anyone that says that they have a great work-life balance, I'm not sure I believe [them]. 'As a woman, I found it very challenging: work-life balance, having great friends, [a] great family, it's difficult. Plus, you've got this behemoth of a business that is almost running you, you're not running it. I was fortunate when I started MCoBeauty; the girls were in their teenage years, close to finishing school, so they were more independent. I don't know how I would have coped with the acceleration of MCoBeauty with babies.' Listen to the full interview with Shelley Sullivan on Something To Talk About below: Sullivan, who sold MCoBeauty earlier this year, points out that while the brand is valued at a billion dollars, she did not walk away with that amount of money. 'We all had a vision to create Australia's fastest growing beauty brand. We just drove those sales as hard as we could and the valuation is a multiple of base earnings. So the beauty landscape and the beauty industry drives that valuation, not us,' she told Stellar. 'The business could be valued at $1 billion but that's not necessarily a reflection on what the people that are exiting get... But I don't think myself, the family and the team ever thought beyond our wildest dreams that that's what we would create.' When asked what advice she would give to Hailey Bieber, who also recently sold her beauty and skincare brand Rhode for a reported billion dollars, Sullivan was gracious. 'I don't know [Hailey Bieber's] deal structure, so it's hard to give advice. We did work with Hailey — Hailey was the face of ModelCo for a minute,' she said. 'She's a great girl who was very much, from what I understand, involved in the product development [of Rhode]. That's a great brand. I actually purchased some of their products. She's done a great job.' Read the full interview and see the shoot with Shelley Sullivan in the new issue of Stellar out today inside The Sunday Telegraph (NSW), Sunday Herald Sun (VIC), The Sunday Mail (QLD) and Sunday Mail (SA).
News.com.au
6 hours ago
- News.com.au
Barron Trump may have made millions from family's lucrative crypto firm: report
Barron Trump, the youngest son of the 47th President, may have raked in millions of dollars from the sale of crypto tokens linked to the family's lucrative venture into digital tokens, according to a report. The 19-year-old New York University student could have picked up a cool $40 million (AU$61 million) — $25 million (AU$38 million) after taxes — from the sale of digital assets by World Liberty Financial, the Trump family firm launched nine months ago after Barron persuaded his dad about the benefits of crypto, Forbes reported. 'Barron knows so much about this,' commander-in-chief said during an interview in September after the launch. 'Barron's a young guy, but he knows it — he talks about his wallet. He's got four wallets or something, and I'm saying, 'What is a wallet?'' World Liberty has been a financial bonanza for the family. In March, World Liberty announced that it had sold $550 million (AU$850 million) worth of tokens. An Office of Government Ethics filing released by President Trump last week declared he had made $57 million (AU$88 million) from token sales. It also said that the real estate mogul held a 75 per cent stake in his umbrella company, DT Marks Defi LLC, with unnamed 'third parties' holding the other 25 per cent. Barron Trump is listed as a 'co-founder' of World Liberty Financial alongside the president, as well as Eric and Donald Trump Jr, the president's two eldest sons. Forbes, which provided no direct evidence for its claims of Barron Trump's massive digital windfall, suggested that he owned a 7.5 per cent stake in the Delaware-based umbrella firm. The stake would mirror what the NYU freshman holds in the Trump Organization's Washington, DC hotel, Forbes said. Barron Trump's name does not appear in the company's solitary SEC filing from October 30 last year. Also listed as business partners in the venture are Middle East envoy Steve Witkoff and his son, Zachary. An analysis by Bloomberg, the financial news outlet, estimates the president's net worth has doubled since the start of his 2024 campaign, standing at just over US$5.4 billion
