Last week, Treasury released its consultation paper on the proposed 30% minimum tax on discretionary trusts. It runs to 17 discussion questions and gives the country three weeks to respond, which tells you something about how settled the design really is.
But inside the detail is confirmation of something many families have been anxious about since ...
Lithium carbonate fell roughly 20% in June – in another bout of volatility that has come to define the battery metal.
Its decline has dragged down ASX lithium producers such as Pilbara Minerals and IGO and acted as a headwind to the ASX, which has become increasingly reliant on the resources sector for earnings growth.
The latest slump was driven by ...
The proposed capital gains tax (CGT) reforms announced in the Federal Government’s recent budget represent more than a simple change in tax mechanics. They alter the value of one of the most important advantages available to long-term investors: the ability to convert nominal gains into concessionally taxed capital gains.
Today, investors benefit from ...
This article was originally published in the print edition of Retirement Magazine Vol. 3 and is reproduced with permission.
A superannuation fund that does everything right in the final five years before a member retires but nothing beyond accumulation in the preceding 35 years is like a coach who only works with their client the week before a ...
For those of you who have just connected I retired 4 months ago from being a full-time academic after researching retirement planning for nearly 20 years. Now I am focusing on implementing my findings: for myself, for individuals and for organisations. As I promised when I retired, I am providing a month-by-month account of my findings from the other ...
Australian investors have rarely been asked to navigate so much at once. The most concentrated developed equity market in the world. A central bank tightening again into a slowdown. Concerns about the global cycle. And now, due to the recent Federal Budget, the most consequential rewrite of investment tax settings since 1999.
The headline was the ...
I’ve now written two pieces on the economics of AI datacenters (Piece 1, Piece 2). Nothing shakes me from my view that these are deeply negative ROIC investments. Yet, hyperscalers have continued to plough ahead and build them anyway.
First, they’ve used up most of their annual cash flow, then they’ve taken on debt to fund them, and now Alphabet (GOOG) ...
I often find myself reminiscing on my days at university, though rarely with the kind of nostalgia people like to romanticise.
One aspect I distinctly recall is diving into online research archives in an essay-induced panic. Hardly an intellectual pursuit when performed at 1am, but these were before the days AI could come to your rescue.
Ironically, I ...
The more your money works for you, the less you have to work for money.- Idowu Koyenikan
I have a mate who is considering retiring early. He has outlined twenty different scenarios to solve the universal problem of retirement – how do you convert a pool of assets into cash to pay for life.
Most investing commentary is focused on accumulating assets. ...
Key points
Angst about economic conditions has been running high in recent times. This is evident in chronically low consumer confidence readings and a downtrend in measures of happiness. It’s also arguably evident in the rise of populist parties globally and more recently in Australia.
There is no doubt that some things were better a generation or ...
Most Australians approaching retirement know their super balance to the dollar. Fewer have worked out what that balance actually needs to do: provide an income, sustain it for twenty or thirty years, and hold up if markets fall in the first few years of drawing it down.
For years, the industry's answer has been a bigger number. Contribute more, watch ...
This commentary was first published by Project Syndicate and is republished with permission.
At Vanguard, we anticipate 3% U.S. GDP growth in 2027, an estimate that is noticeably higher than other professional forecasts, implying continued strong support for risk assets. Such growth will not represent incremental improvements, but rather a fundamental ...
Last week, Treasury released its consultation paper on the proposed 30% minimum tax on discretionary trusts. It runs to 17 discussion questions and gives the country three weeks to respond, which tells you something about how settled the design really is.
But inside the detail is confirmation of something many families have been anxious about since ...
Lithium carbonate fell roughly 20% in June – in another bout of volatility that has come to define the battery metal.
Its decline has dragged down ASX lithium producers such as Pilbara Minerals and IGO and acted as a headwind to the ASX, which has become increasingly reliant on the resources sector for earnings growth.
The latest slump was driven by ...
The proposed capital gains tax (CGT) reforms announced in the Federal Government’s recent budget represent more than a simple change in tax mechanics. They alter the value of one of the most important advantages available to long-term investors: the ability to convert nominal gains into concessionally taxed capital gains.
Today, investors benefit from ...
This article was originally published in the print edition of Retirement Magazine Vol. 3 and is reproduced with permission.
A superannuation fund that does everything right in the final five years before a member retires but nothing beyond accumulation in the preceding 35 years is like a coach who only works with their client the week before a ...
For those of you who have just connected I retired 4 months ago from being a full-time academic after researching retirement planning for nearly 20 years. Now I am focusing on implementing my findings: for myself, for individuals and for organisations. As I promised when I retired, I am providing a month-by-month account of my findings from the other ...
Australian investors have rarely been asked to navigate so much at once. The most concentrated developed equity market in the world. A central bank tightening again into a slowdown. Concerns about the global cycle. And now, due to the recent Federal Budget, the most consequential rewrite of investment tax settings since 1999.
The headline was the ...
I’ve now written two pieces on the economics of AI datacenters (Piece 1, Piece 2). Nothing shakes me from my view that these are deeply negative ROIC investments. Yet, hyperscalers have continued to plough ahead and build them anyway.
First, they’ve used up most of their annual cash flow, then they’ve taken on debt to fund them, and now Alphabet (GOOG) ...
I often find myself reminiscing on my days at university, though rarely with the kind of nostalgia people like to romanticise.
One aspect I distinctly recall is diving into online research archives in an essay-induced panic. Hardly an intellectual pursuit when performed at 1am, but these were before the days AI could come to your rescue.
Ironically, I ...
The more your money works for you, the less you have to work for money.- Idowu Koyenikan
I have a mate who is considering retiring early. He has outlined twenty different scenarios to solve the universal problem of retirement – how do you convert a pool of assets into cash to pay for life.
Most investing commentary is focused on accumulating assets. ...
Key points
Angst about economic conditions has been running high in recent times. This is evident in chronically low consumer confidence readings and a downtrend in measures of happiness. It’s also arguably evident in the rise of populist parties globally and more recently in Australia.
There is no doubt that some things were better a generation or ...
Most Australians approaching retirement know their super balance to the dollar. Fewer have worked out what that balance actually needs to do: provide an income, sustain it for twenty or thirty years, and hold up if markets fall in the first few years of drawing it down.
For years, the industry's answer has been a bigger number. Contribute more, watch ...
This commentary was first published by Project Syndicate and is republished with permission.
At Vanguard, we anticipate 3% U.S. GDP growth in 2027, an estimate that is noticeably higher than other professional forecasts, implying continued strong support for risk assets. Such growth will not represent incremental improvements, but rather a fundamental ...
