http://www.copyright link/news/policy/budget/the-top-postbudget-2016-sto...

http://www.copyright link/news/policy/budget/the-top-postbudget-2016-stock-picks-20160501-gojp84

Failing that, we have the Budget's economic outlook (statement 2) to guide us. Canberra's advice is that the lower $A has created improved conditions for tourism, education, agriculture and parts of manufacturing while low interest rates has buoyed the housing market as well as consumption of related items such as furnishings.

Sounds logical, so let's look for promising investments in those areas.

Investors should certainly consider the food and agriculture sector, if only because the world's population is going to keep eating and the Chinese are keen to buy Australian producers. One worth considering is Capilano Honey (CZZ), whose interim profit jumped 50 percent to $7.7m.

The price/earnings multiple is around 17 times. A little high, but it should be remembered that p/e ratios tend to be higher during times of low interest rates. The company hasn't indicated its annual dividend yet, but last year it paid 37.5c fully franked. The share price dipped to $18 in February but has since recovered to $23.