a core holding

The bottom line with this one:

- Increasingly diversified income
- Has show good resilience
- Offers yield in an era of declining rates
- Gearing sorted out
- Significant upside in the event of AUD decline (Direct benefits to Main Event and indirect domestic tourism boosts)
- Booming exposure via Main Event to the very strong Texas economy.

Hard not to see how this will not increasingly appeal in the low rate era.