Australia's share buy-back trend to continue

As Telstra launches another share buy-back, JPMorgan''s Alex Large explains why there are few investment opportunities for Aussie companies.

Alex Large, head of equity capital markets at JPMorgan in Australia, says Australian companies will continue to return money to shareholders while there remains a lack of investment opportunities. He also speculates on the success of the proposed Australia Pacific Exchange and reviews the IPO pipeline.

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