I joined Juliette Saly on Ausbiz to discuss the ASX debut of FDC Consolidated (ASX), outlining why I believe the construction and fit-out business presents a compelling investment opportunity. I highlighted its 36-year track record, strong insider ownership, large work in progress, repeat client base and attractive forecast yield, while noting that quality businesses can still attract investor demand despite a subdued Initial Public Offering (IPO) market. We also discussed Australia’s fragile consumer confidence, with high household debt, rising rents and ongoing cost-of-living pressures continuing to weigh on sentiment, even as confidence gradually recovers from its 53-year low.

Watch here: FDC’s ASX debut – a builder with bite 

Disclaimer: 

The Montgomery Small Companies Fund own shares in FDC. This video was prepared 9 July 2026 with the information we have today, and our view may change. It does not constitute formal advice or professional investment advice. If you wish to trade FDC you should seek financial advice.