Geoff Wilson spent the beginning of September apologising. After WAM Capital slashed its dividend, he said on a shareholder webinar that the board had held the payout too high for years, draining the profit reserve. The cut should have come earlier, he said.
The apology triggered a fresh round of explanation from the LIC industry, including from Wilson ...
The federal government’s tax reforms are the most significant changes for housing investors Australia has seen since 1999. From July 1 2027, three things will change:
Some have called these housing tax changes broken promises, which risk crashing the housing market. But others consider it a long overdue change to level the playing field for first home ...
Retirement asks us to plan for a future we cannot fully predict. Legacy planning asks us to decide how much of today’s wealth can safely belong to someone else. Increasingly, the challenge is not choosing between the two but knowing where one ends and the other can begin.
That is the balance many Australians hope to strike after decades spent building ...
Gen X investors know the rules. Don’t panic when markets fall. Don’t chase rallies. Don’t try to time every market move.
The problem is that bad investment decisions rarely seem bad when you make them.
Selling after a market fall can look like protecting your retirement savings. Buying into a rally can look like responding to improving fundamentals. ...
As Warren Buffett would say, “price is what you pay, value is what you get”.
For investors, the case for paying more to invest in an actively managed fund is that it should deliver additional value worth having. The SPIVA Australia Scorecard, published every six months, puts this proposition to the test. Its latest edition has reinforced a familiar and ...
Equity valuations have compressed by a decent amount over the last 12 months with no broad market crash or even a meaningful correction. It is unusual to see equity multiples move downward with so little market disruption, but it has helped relieve some pressure on the “bubble” debate. Indeed, the S&P 500’s forward price-to-earnings ratio peaked ...
As AI races ahead of safeguards, the belief that AI will end humanity has gone up several notches in recent times. But is that really a possibility?
Put into the wrong hands, yes it could happen by enhancing for example bio-warfare, or cyber-attacks, akin to the threat of nuclear weapons falling into the hands of bad actors. But AI autonomously ...
Growing up in Perth, escaping the mining industry was almost impossible.
Every second person seemed to work in mining, provide services to mining companies, or had a family member whose fortunes rose and fell with the iron ore price.
After moving away, I assumed I'd left most of that behind. Yet, here I am writing about BHP.
Perhaps that's no surprise. ...
If you think a testamentary trust is only for the wealthy, think again. A testamentary discretionary trust (TDT) does not make an inheritance tax-free, but what it can do, is change who is taxed on the income that the inheritance produces. Over a generation or two, that difference can potentially be worth hundreds of thousands and in some cases, ...
Bill Kelty and Paul Keating were in furious agreement just four years ago on the 30th anniversary of the introduction of compulsory super in 1992. In their joint – and expansive – interview with the Australian Financial Review, they confirmed their belief that the ‘super wars’ between Labor and the Coalition were now ‘dead and buried’.
Well so much for ...
Melbourne and Sydney home prices have sagged 7% from record highs, while prices nationally have slid 2%. As buyers wait for prices to fall further, auction clearance rates have dropped below the threshold of 60% that signals a market balanced between buyers and sellers. ANZ warns Sydney dwelling prices could slump 15% by the end of next year. Such is ...
Retirement requires a fundamental shift – to our lifestyles, finances, and mindset. After a lifetime of saving, we shift to decades of spending. This is a change that doesn’t come naturally for many of us. As we live longer, with retirement now spanning thirty years for the average Australian, knowing how much money we will need to fund our post-work ...
Geoff Wilson spent the beginning of September apologising. After WAM Capital slashed its dividend, he said on a shareholder webinar that the board had held the payout too high for years, draining the profit reserve. The cut should have come earlier, he said.
The apology triggered a fresh round of explanation from the LIC industry, including from Wilson ...
The federal government’s tax reforms are the most significant changes for housing investors Australia has seen since 1999. From July 1 2027, three things will change:
Some have called these housing tax changes broken promises, which risk crashing the housing market. But others consider it a long overdue change to level the playing field for first home ...
Retirement asks us to plan for a future we cannot fully predict. Legacy planning asks us to decide how much of today’s wealth can safely belong to someone else. Increasingly, the challenge is not choosing between the two but knowing where one ends and the other can begin.
That is the balance many Australians hope to strike after decades spent building ...
Gen X investors know the rules. Don’t panic when markets fall. Don’t chase rallies. Don’t try to time every market move.
The problem is that bad investment decisions rarely seem bad when you make them.
Selling after a market fall can look like protecting your retirement savings. Buying into a rally can look like responding to improving fundamentals. ...
As Warren Buffett would say, “price is what you pay, value is what you get”.
For investors, the case for paying more to invest in an actively managed fund is that it should deliver additional value worth having. The SPIVA Australia Scorecard, published every six months, puts this proposition to the test. Its latest edition has reinforced a familiar and ...
Equity valuations have compressed by a decent amount over the last 12 months with no broad market crash or even a meaningful correction. It is unusual to see equity multiples move downward with so little market disruption, but it has helped relieve some pressure on the “bubble” debate. Indeed, the S&P 500’s forward price-to-earnings ratio peaked ...
As AI races ahead of safeguards, the belief that AI will end humanity has gone up several notches in recent times. But is that really a possibility?
Put into the wrong hands, yes it could happen by enhancing for example bio-warfare, or cyber-attacks, akin to the threat of nuclear weapons falling into the hands of bad actors. But AI autonomously ...
Growing up in Perth, escaping the mining industry was almost impossible.
Every second person seemed to work in mining, provide services to mining companies, or had a family member whose fortunes rose and fell with the iron ore price.
After moving away, I assumed I'd left most of that behind. Yet, here I am writing about BHP.
Perhaps that's no surprise. ...
If you think a testamentary trust is only for the wealthy, think again. A testamentary discretionary trust (TDT) does not make an inheritance tax-free, but what it can do, is change who is taxed on the income that the inheritance produces. Over a generation or two, that difference can potentially be worth hundreds of thousands and in some cases, ...
Bill Kelty and Paul Keating were in furious agreement just four years ago on the 30th anniversary of the introduction of compulsory super in 1992. In their joint – and expansive – interview with the Australian Financial Review, they confirmed their belief that the ‘super wars’ between Labor and the Coalition were now ‘dead and buried’.
Well so much for ...
Melbourne and Sydney home prices have sagged 7% from record highs, while prices nationally have slid 2%. As buyers wait for prices to fall further, auction clearance rates have dropped below the threshold of 60% that signals a market balanced between buyers and sellers. ANZ warns Sydney dwelling prices could slump 15% by the end of next year. Such is ...
Retirement requires a fundamental shift – to our lifestyles, finances, and mindset. After a lifetime of saving, we shift to decades of spending. This is a change that doesn’t come naturally for many of us. As we live longer, with retirement now spanning thirty years for the average Australian, knowing how much money we will need to fund our post-work ...
