Australian taxpayers are subsidising the Israel Defense Forces and illegal settlements in the West Bank via Australian charities. Stephanie Tran reports. Australian taxpayers are subsidising donations to Israel’s military and to organisations operating illegal Israeli settlements in the occupied Palestinian Territories through a network of registered ...
Investment legend Ray Dalio has a historian’s eye and quantitative bent that gives him a unique perspective on markets. A recent post of his reflecting on 2025 and looking at what’s ahead is a case in point.
Photo by Kimberly White/Getty Images for TechCrunch, CC BY 2.0, via Wikimedia Commons.
Tanking currencies
While everyone’s fixated on US stocks ...
There has been a lot written about franking credits over the years, and none more so than on Firstlinks. So please bear with me, as I sort through a perceived franking credits issue that has surfaced since the updated proposal for Division 296 tax legislation was announced by Treasurer, Jim Chalmers in October last year (also known as Better Targeted ...
The major banks have been the mainstay of the domestic investment landscape in Australia for over 100 years. While credit cycles have come and gone, as the country has prospered and the population has grown, the banks have been a major beneficiary. Currently Australia’s top five companies by market capitalisation are the four major retail banks and ...
Economists are not best placed to decide if we are in a stock market bubble. But as we look to the future of artificial intelligence’s (AI) impact on global economies, we see two potential scenarios: an ‘AI Boom’, where AI is the real deal and is rapidly adopted; and an ‘AI Bust’, where a stock market bubble bursts. Read on for a summary of our ...
In brief
Market booms often lure investors into cyclical businesses, but history shows these cycles can be short-lived and expose investors to severe drawdowns and difficult recovery math.
Compounders tend to deliver steadier, more durable profit growth across full cycles, making them better suited for long-term investors.
Selectivity is especially ...
For non-specialists, one could be forgiven for believing the Australian real estate investment trust (A-REIT) sector is an efficient way to gain exposure to passive-style rental-based real estate returns. And in the past, this assumption would be true.
However today, the structure of the sector is such that a large proportion of the index generates ...
Almost every fridge in Australia contains some form of dairy product, and dairy is one of Australia’s top agricultural industries. Yet few investors have direct exposure to dairy farms, even while dairy farms offer a ‘real asset’ alternative with low correlation to other investments.
Dairy was worth $6.2 billion in 2024, according to the ABS, placing ...
Recent data shows that the world’s richest people own a larger share of the world’s wealth than ever, making a mockery of the ‘trickle-down’ effect and threatening democracy. Aleta Moriarty reports. The Oxfam report, “Defending Freedom Against Billionaire Power”, shows how our leaders have sold out democracy to the highest
CSIRO chief Doug Hilton announced he’s sacking 350 scientists, but the $965K pa head of the science body now refuses to have his own ‘sacking science’ publicly reviewed. Transparency Warrior Rex Patrick reports. Back in April 2024, in the context of a newly announce ‘Made in Australia’ policy, MWM wrote
The spin cycle around devastating bushfires in Victoria this month is now a bureaucratic labyrinth of “lies and statistics”. Andrew Gardiner reports. With Victorian bushfires torching an area almost twice the size of the ACT this month, locals in badly-scorched Alexandra, north east of Melbourne, were after blood. And political
Dunghutti man Paul Silva is calling on supporters to join him in defying NSW’s new protest ban by going ahead with a pre-planned Deaths in Custody march tomorrow. Wendy Bacon reports. For ten years, the Dungay family have battled unsuccessfully to hold the NSW state government accountable for the killing
Australian taxpayers are subsidising the Israel Defense Forces and illegal settlements in the West Bank via Australian charities. Stephanie Tran reports. Australian taxpayers are subsidising donations to Israel’s military and to organisations operating illegal Israeli settlements in the occupied Palestinian Territories through a network of registered ...
Investment legend Ray Dalio has a historian’s eye and quantitative bent that gives him a unique perspective on markets. A recent post of his reflecting on 2025 and looking at what’s ahead is a case in point.
Photo by Kimberly White/Getty Images for TechCrunch, CC BY 2.0, via Wikimedia Commons.
Tanking currencies
While everyone’s fixated on US stocks ...
There has been a lot written about franking credits over the years, and none more so than on Firstlinks. So please bear with me, as I sort through a perceived franking credits issue that has surfaced since the updated proposal for Division 296 tax legislation was announced by Treasurer, Jim Chalmers in October last year (also known as Better Targeted ...
The major banks have been the mainstay of the domestic investment landscape in Australia for over 100 years. While credit cycles have come and gone, as the country has prospered and the population has grown, the banks have been a major beneficiary. Currently Australia’s top five companies by market capitalisation are the four major retail banks and ...
Economists are not best placed to decide if we are in a stock market bubble. But as we look to the future of artificial intelligence’s (AI) impact on global economies, we see two potential scenarios: an ‘AI Boom’, where AI is the real deal and is rapidly adopted; and an ‘AI Bust’, where a stock market bubble bursts. Read on for a summary of our ...
In brief
Market booms often lure investors into cyclical businesses, but history shows these cycles can be short-lived and expose investors to severe drawdowns and difficult recovery math.
Compounders tend to deliver steadier, more durable profit growth across full cycles, making them better suited for long-term investors.
Selectivity is especially ...
For non-specialists, one could be forgiven for believing the Australian real estate investment trust (A-REIT) sector is an efficient way to gain exposure to passive-style rental-based real estate returns. And in the past, this assumption would be true.
However today, the structure of the sector is such that a large proportion of the index generates ...
Almost every fridge in Australia contains some form of dairy product, and dairy is one of Australia’s top agricultural industries. Yet few investors have direct exposure to dairy farms, even while dairy farms offer a ‘real asset’ alternative with low correlation to other investments.
Dairy was worth $6.2 billion in 2024, according to the ABS, placing ...
Recent data shows that the world’s richest people own a larger share of the world’s wealth than ever, making a mockery of the ‘trickle-down’ effect and threatening democracy. Aleta Moriarty reports. The Oxfam report, “Defending Freedom Against Billionaire Power”, shows how our leaders have sold out democracy to the highest
CSIRO chief Doug Hilton announced he’s sacking 350 scientists, but the $965K pa head of the science body now refuses to have his own ‘sacking science’ publicly reviewed. Transparency Warrior Rex Patrick reports. Back in April 2024, in the context of a newly announce ‘Made in Australia’ policy, MWM wrote
The spin cycle around devastating bushfires in Victoria this month is now a bureaucratic labyrinth of “lies and statistics”. Andrew Gardiner reports. With Victorian bushfires torching an area almost twice the size of the ACT this month, locals in badly-scorched Alexandra, north east of Melbourne, were after blood. And political
Dunghutti man Paul Silva is calling on supporters to join him in defying NSW’s new protest ban by going ahead with a pre-planned Deaths in Custody march tomorrow. Wendy Bacon reports. For ten years, the Dungay family have battled unsuccessfully to hold the NSW state government accountable for the killing