The conflict in the Middle East, along with developments in artificial intelligence and its potential impact on existing business models, has led to a repricing of many securities in recent months, particularly in mid and small capitalisation companies.
Following several years of strong performance, the mood has changed from optimism to extreme ...
It’s official: the world stock market is now as wild as it was during the tech-stock bubble. Since April 2026, we’ve had epic levels of return dispersion. AI excitement is driving extreme price moves, with some large-cap technology stocks up 50% to 100% in a single month. While it’s normal for small-cap stocks to sometimes rise 50% in a month, it’s not ...
Australia’s billionaires increased their wealth by $25.7 billion over the past year such that the 20 richest Australians now boast more wealth than the poorest three million households, says Oxfam Australia.
Source: The Australian Financial Review
In the US, Federal Reserve data shows the richest 1% of Americans owned a record 31.9% of US wealth at the ...
The four horsemen of the Apocalypse are Conquest, War, Famine, and Death. Artificial intelligence (AI) has ‘Conquered’; in the Middle East, ‘War’ is underway and could take years to resolve, and changes afoot in enterprise-level AI spending would be akin to ‘Famine’ for AI hyperscalers that have spent trillions on scaling out the technology. All that ...
Is Australia finally getting serious about tax reform, or just testing the waters?
The 2026 federal budget makes some long-debated changes to capital gains tax, family trusts and negative gearing. This has sparked fresh debate about whether the tax system is pulling its weight, especially when it comes to housing.
The reality is these changes are ...
Negative gearing did not die on Budget night. It was placed in quarantine, which sounds gentler, right up until the arithmetic is done. Since 12 May, commentary has split into two camps: one declaring residential property investment dead, the other insisting nothing has changed because existing holdings are grandfathered and new builds are exempt. Both ...
Between 2020 and 2024, Australian family offices grew from 10% of all domestic private capital investors to 40%. Superannuation funds (the giants long assumed to dominate Australian private markets) fell from 48% to 13% over the same period. The figures come from the Australian Investment Council's Private Capital Yearbook, and they describe the most ...
The legislation to implement the capital gains tax changes announced in the May 2026 Federal Budget sailed through the House of Representatives but will obviously face a tougher crowd in the Senate. If it’s passed, it won’t impact super funds at all. But since it impacts most of the alternatives to super, will it change the considerations for people ...
The 2026–27 Federal Budget has unsettled estate planning because it places two structural tax reforms beside a familiar succession-planning vehicle: the discretionary testamentary trust. From 1 July 2027, the first proposed measure would replace the 50 per cent CGT discount for individuals, trusts and partnerships with cost base indexation and a 30 per ...
As the budget fallout continues, Jim Chalmers gave the following reply to a post-budget question asking if the top marginal tax rate comes in at a salary that is too low:
“First of all, we have increased the top threshold in the tax system, we did that a couple of budgets ago. Secondly, we do understand how important it is that bracket creep be ...
The quality factor is a defensive strategy designed to outperform during periods of heightened market volatility, lower inflation and lower growth regimes. The approach is reinforced by academic research and empirical findings.
When applied in international equity markets, quality strategies have delivered the characteristics intended: lower beta, ...
As private markets continue to evolve, we explore three themes shaping the landscape today: how to navigate an expanding range of investment structures, where we see the private equity cycle heading into mid-2026 and what AI disruption means for private companies.
Making Sense of an Expanding Market: Private equity and private credit vehicles now come ...
The conflict in the Middle East, along with developments in artificial intelligence and its potential impact on existing business models, has led to a repricing of many securities in recent months, particularly in mid and small capitalisation companies.
Following several years of strong performance, the mood has changed from optimism to extreme ...
It’s official: the world stock market is now as wild as it was during the tech-stock bubble. Since April 2026, we’ve had epic levels of return dispersion. AI excitement is driving extreme price moves, with some large-cap technology stocks up 50% to 100% in a single month. While it’s normal for small-cap stocks to sometimes rise 50% in a month, it’s not ...
Australia’s billionaires increased their wealth by $25.7 billion over the past year such that the 20 richest Australians now boast more wealth than the poorest three million households, says Oxfam Australia.
Source: The Australian Financial Review
In the US, Federal Reserve data shows the richest 1% of Americans owned a record 31.9% of US wealth at the ...
The four horsemen of the Apocalypse are Conquest, War, Famine, and Death. Artificial intelligence (AI) has ‘Conquered’; in the Middle East, ‘War’ is underway and could take years to resolve, and changes afoot in enterprise-level AI spending would be akin to ‘Famine’ for AI hyperscalers that have spent trillions on scaling out the technology. All that ...
Is Australia finally getting serious about tax reform, or just testing the waters?
The 2026 federal budget makes some long-debated changes to capital gains tax, family trusts and negative gearing. This has sparked fresh debate about whether the tax system is pulling its weight, especially when it comes to housing.
The reality is these changes are ...
Negative gearing did not die on Budget night. It was placed in quarantine, which sounds gentler, right up until the arithmetic is done. Since 12 May, commentary has split into two camps: one declaring residential property investment dead, the other insisting nothing has changed because existing holdings are grandfathered and new builds are exempt. Both ...
Between 2020 and 2024, Australian family offices grew from 10% of all domestic private capital investors to 40%. Superannuation funds (the giants long assumed to dominate Australian private markets) fell from 48% to 13% over the same period. The figures come from the Australian Investment Council's Private Capital Yearbook, and they describe the most ...
The legislation to implement the capital gains tax changes announced in the May 2026 Federal Budget sailed through the House of Representatives but will obviously face a tougher crowd in the Senate. If it’s passed, it won’t impact super funds at all. But since it impacts most of the alternatives to super, will it change the considerations for people ...
The 2026–27 Federal Budget has unsettled estate planning because it places two structural tax reforms beside a familiar succession-planning vehicle: the discretionary testamentary trust. From 1 July 2027, the first proposed measure would replace the 50 per cent CGT discount for individuals, trusts and partnerships with cost base indexation and a 30 per ...
As the budget fallout continues, Jim Chalmers gave the following reply to a post-budget question asking if the top marginal tax rate comes in at a salary that is too low:
“First of all, we have increased the top threshold in the tax system, we did that a couple of budgets ago. Secondly, we do understand how important it is that bracket creep be ...
The quality factor is a defensive strategy designed to outperform during periods of heightened market volatility, lower inflation and lower growth regimes. The approach is reinforced by academic research and empirical findings.
When applied in international equity markets, quality strategies have delivered the characteristics intended: lower beta, ...
As private markets continue to evolve, we explore three themes shaping the landscape today: how to navigate an expanding range of investment structures, where we see the private equity cycle heading into mid-2026 and what AI disruption means for private companies.
Making Sense of an Expanding Market: Private equity and private credit vehicles now come ...
