The backdrop for global fixed income has changed meaningfully. Yields have moved higher as investors contend with persistent inflation, elevated government borrowing, and uncertainty around the path for interest rates. But that repricing has also created a more attractive starting point for bond investors.
Higher starting yields provide greater income ...
Costco is not just a place where you can buy a 2kg cheese wheel and a three-person sauna in the same transaction. The retailer is also in the recession prediction business.
When customers started switching from more expensive beef to cheaper proteins, it was a sign household budgets were under pressure. Comments made by Costco’s former chief financial ...
Never give an actuary a new certificate to talk about it. She will want to talk to you about it or worse, write an article about it.
But hear me out: Division 296 actuarial certificates will be interesting. They will drive how an SMSF’s Division 296 earnings are divided between the various member accounts. In other words, they will play a significant ...
Australia’s negative gearing reforms do not formally take effect until 1 July 2027, but many property investors are already feeling their first practical impact.
It is not showing up on a tax return. It is showing up in the bank’s serviceability calculator.
Since the 12 May 2026 Federal Budget, lenders have changed the way some investment properties ...
I have been struck by how difficult it has become to answer a seemingly simple question: how much oil is actually available to the global market? During a normal period, inventories, tanker movements and production figures give investors a reasonably clear picture of supply and demand. During an active geopolitical shock, however, those numbers become ...
What is an investor?
It’s a simple question, and one that’s becoming increasingly important as more Australians take control of their financial futures.
Thanks to compulsory superannuation, almost every working-age Australian is an investor. Millions of us hold diversified portfolios through our super funds, often without knowing where our money is ...
Capital gains tax (CGT) has been a hot topic since the 2026 budget, but the discussion of high-profile issues has tended to neglect taxpayers at the lower end of the scale.
Their situation is characterised by a complicated tax structure that can produce highly non-progressive outcomes, especially for seniors. A progressive tax structure, which many ...
Division 296 has long been framed as a tax on the ultra-wealthy, but new data suggests it is likely to reach far deeper than the headline $3 million threshold implies.
The standout finding from Class's benchmark data is not the number of members already caught by Div 296. It is the sheer stockpile of unrealised gains sitting inside SMSFs. Nearly ...
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. ...
The backdrop for global fixed income has changed meaningfully. Yields have moved higher as investors contend with persistent inflation, elevated government borrowing, and uncertainty around the path for interest rates. But that repricing has also created a more attractive starting point for bond investors.
Higher starting yields provide greater income ...
Costco is not just a place where you can buy a 2kg cheese wheel and a three-person sauna in the same transaction. The retailer is also in the recession prediction business.
When customers started switching from more expensive beef to cheaper proteins, it was a sign household budgets were under pressure. Comments made by Costco’s former chief financial ...
Never give an actuary a new certificate to talk about it. She will want to talk to you about it or worse, write an article about it.
But hear me out: Division 296 actuarial certificates will be interesting. They will drive how an SMSF’s Division 296 earnings are divided between the various member accounts. In other words, they will play a significant ...
Australia’s negative gearing reforms do not formally take effect until 1 July 2027, but many property investors are already feeling their first practical impact.
It is not showing up on a tax return. It is showing up in the bank’s serviceability calculator.
Since the 12 May 2026 Federal Budget, lenders have changed the way some investment properties ...
I have been struck by how difficult it has become to answer a seemingly simple question: how much oil is actually available to the global market? During a normal period, inventories, tanker movements and production figures give investors a reasonably clear picture of supply and demand. During an active geopolitical shock, however, those numbers become ...
What is an investor?
It’s a simple question, and one that’s becoming increasingly important as more Australians take control of their financial futures.
Thanks to compulsory superannuation, almost every working-age Australian is an investor. Millions of us hold diversified portfolios through our super funds, often without knowing where our money is ...
Capital gains tax (CGT) has been a hot topic since the 2026 budget, but the discussion of high-profile issues has tended to neglect taxpayers at the lower end of the scale.
Their situation is characterised by a complicated tax structure that can produce highly non-progressive outcomes, especially for seniors. A progressive tax structure, which many ...
Division 296 has long been framed as a tax on the ultra-wealthy, but new data suggests it is likely to reach far deeper than the headline $3 million threshold implies.
The standout finding from Class's benchmark data is not the number of members already caught by Div 296. It is the sheer stockpile of unrealised gains sitting inside SMSFs. Nearly ...
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. ...
