It is a particular Australian business practice that does work.
If the company you have your money invested with is giving you returns, why would you not spend your returns with that company?
Correct. If all you're interested in are the immediate returns.
Meanwhile the rest of the world, who are able to see beyond their noses, knows that you often have to invest in a business in order to generate the returns. Investment should be going in to where
tomorrow's return will be found, not today's. As you say, a concept completely foreign to Australian managers
