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3 ASX income shares to buy outside Westpac and the banks

1 min read Rewritten in plain language

Dividend Investing

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  • Westpac Banking Corp and the other banks are popular choices with Australian income investors.
  • Much of APA's revenue is supported by long-term contracts, which can give the company reasonable visibility over future earnings and distributions.
  • If those projects earn attractive returns, they could help the business grow while its existing assets continue generating cash.
  • Its assets and regular distributions make it a strong long-term income option.
  • Its asset is the royalty over the Mining Area C iron ore operations in Western Australia, which are operated by BHP Group Ltd.

5 sentences from our version of the report, chosen to cover it. Nothing here is written; every line is in the article below. How

Westpac Banking Corp and the other banks are popular choices with Australian income investors.

The report’s most important sentence, shortened and in plain words. How

Headline check

Headline as published: 3 ASX income shares I'd buy outside Westpac and the major banks

All two things this headline claims are in the report.

Figures, names and quoted words in the headline, looked for in the report itself — not in the summary above. How this is checked

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Westpac Banking Corp and the other banks are popular choices with Australian income investors.

The company owns and operates energy infrastructure across Australia, including gas pipelines, electricity transmission assets, and other infrastructure.

Much of APA's revenue is supported by long-term contracts, which can give the company reasonable visibility over future earnings and distributions.

APA is also continuing to invest in new infrastructure as Australia's energy system develops. If those projects earn attractive returns, they could help the business grow while its existing assets continue generating cash.

Debt and funding costs are risks to watch with an infrastructure company like APA. Its assets and regular distributions make it a strong long-term income option.

BWP Trust gives investors a different source of income through commercial property.

The real estate investment trust owns a portfolio of large-format retail properties, with Bunnings a tenant.

Bunnings has a strong position in Australian home improvement, and long leases can provide BWP with relatively predictable rental income.

Over time, rent reviews and changes across the property portfolio can also help increase income.

Its asset is the royalty over the Mining Area C iron ore operations in Western Australia, which are operated by BHP Group Ltd.

Shortened to 1 minute of reading, this version reads 13.4 on the Niral Score.

You are reading our version, not theirs. This is The Motley Fool Australia's report shortened to its most important sentences, in plainer words, with verdicts and loaded words taken out. Plain description stays, and so do adjectives that carry a fact, such as "former" or "federal". The reporting, the facts and the quotations are theirs — quotations are never edited — and the indicators beside it measure this version. Hover or tap Adjectives to see every one left in the text.

How this outlet filed it, and how we rewrote it

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Outlet Niral ScoreAdjectivesHappiness
The Motley Fool Australiaas they published this story 25.5 25 50.4
Mundane Readneutralized from The Motley Fool Australia 15.8 16 50.4

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