Stocks you can buy and keep.

The Australian Financial Review - ABIX via COMTEX -- In terms of long-term prospects, Australian investors are wary of the retail and consumer products sector following 40% to 50% falls in share prices. Diversified financials, however, are the most vulnerable to stock market volatility, and some investors have found value in companies with depressed share prices. In terms of oil and gas stocks, companies with long-term prospects such as Woodside have done better than those focused on short-term projects. Investors have been wary of the health sector, which has been marked by regulatory changes and profitability concerns. Utilities are shaping up to be solid investments, with strong assets underlying growth. The property market is volatile, and real estate investment trusts are struggling to muster the commercial sector. In media, fears of a further slowdown in advertising revenue have resulted in a sharp downturn in share prices, allowing for good value for long-term investors.
ACCESS ECONOMICS PTY LTD
WOOLWORTHS LIMITED - ASX WOW
COCA-COLA AMATIL LIMITED - ASX CCL
ARGO INVESTMENTS LIMITED - ASX ARG
MERRILL LYNCH (AUSTRALIA) PTY LTD
SABMILLER PLC
MAXXIUM AUSTRALIA PTY LTD
LEGG MASON ASSET MANAGEMENT AUSTRALIA LIMITED
WESFARMERS LIMITED - ASX WES
COLES GROUP LIMITED
UBS AUSTRALIA LIMITED
HSBC ASSET MANAGEMENT (AUSTRALIA) LIMITED
JP MORGAN AUSTRALIA LIMITED
ASX LIMITED - ASX ASX
COMPUTERSHARE PTY LTD
COMPUTERSHARE LIMITED - ASX CPU
IRESS MARKET TECHNOLOGY LIMITED - ASX IRE
AXA ASIA PACIFIC HOLDINGS LIMITED - ASX AXA
FORTIS INVESTMENT MANAGEMENT ASIA LIMITED
AUSTRALIA.  DEPT OF THE TREASURY
LIQUIDNET HOLDINGS INCORPORATED
AXE ECN PTY LTD
CHI-X AUSTRALIA PTY LTD
ABERDEEN ASSET MANAGEMENT LIMITED
CHALLENGER FINANCIAL SERVICES GROUP LIMITED - ASX CGF
WOODSIDE PETROLEUM LIMITED - ASX WPL
SANTOS LIMITED - ASX STO
OIL SEARCH LIMITED - ASX OSH
EXXONMOBIL AUSTRALIA PTY LTD
CITIGROUP
RAMSAY HEALTH CARE LIMITED - ASX RHC
HEALTHSCOPE LIMITED - ASX HSP
AUSTRALIA.  DEPT OF HUMAN SERVICES.  MEDICARE AUSTRALIA
SIGMA (PHARMACEUTICALS) PTY LTD
PRIMARY HEALTH CARE LIMITED - ASX PRY
SYMBION GROUP PTY LTD
CSL LIMITED - ASX CSL
COCHLEAR LIMITED - ASX COH
PLATYPUS ASSET MANAGMENT PTY LTD
CONSTELLATION CAPITAL MANAGEMENT LIMITED
APA GROUP - ASX APA
AGL ENERGY LIMITED - ASX AGK
GASNET AUSTRALIA LIMITED
ORIGIN ENERGY LIMITED - ASX ORG
DIRECTLINK COMMUNICATIONS
ABN AMRO AUSTRALIA LIMITED
GOODMAN GROUP - ASX GMG
JP MORGAN AUSTRALIA LIMITED
PROLOGIS INCORPORATED
AMB PROPERTY CORPORATION
LEND LEASE CORPORATION LIMITED - ASX LLC
FKP PROPERTY GROUP - ASX FKP
BABCOCK AND BROWN COMMUNITIES GROUP - ASX BBC
FOXTEL
CONSOLIDATED MEDIA HOLDINGS LIMITED - ASX CMJ
TELSTRA CORPORATION LIMITED - ASX TLS
NEWS CORPORATION - ASX NWS
SEEK LIMITED - ASX SEK
COMMONWEALTH SECURITIES LIMITED
COMMONWEALTH BANK OF AUSTRALIA - ASX CBA
FAIRFAX MEDIA LIMITED - ASX FXJ
CAPITAL
PERPETUAL LIMITED - ASX PPT
GOLDMAN SACHS JBWERE PTY LTD