Posts about Articles

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 ...

For most of my career, government debt has been treated as a problem to be managed. Politicians talked about balancing budgets. Treasurer speeches revolved around surpluses. Credit rating agencies mattered. Governments that overspent were expected to pay a political price.

Australia’s housing market is undergoing a significant correction, and the evidence increasingly suggests that the decline has further to run. House prices have already fallen rapidly across the major capital cities, but the combination of higher interest rates, weaker investor demand, slowing ...

Nvidia has become more than just a semiconductor company. Its results have become one of the clearest indicators of whether the enormous investment boom in artificial intelligence is still gathering momentum.

Every ASX reporting season, investors are bombarded with headlines declaring that corporate Australia is thriving or struggling based on the latest profit results. Bank earnings beat expectations. Miners miss forecasts. Retailers warn about consumer spending. Before long, a narrative emerges that ...

Most of the debate around Division 296 has focused on whether taxing unrealised gains is fair. A more interesting question is who bears the cost of Australia's changing demographics.

For much of the past six months, the direction of U.S. Treasury yields has been hard to ignore. The 10-year Treasury yield has climbed from around 4% to roughly 4.7%, briefly moving above that level. That has raised a broader question for investors: can U.S. Treasury Secretary Scott Bessent ...

Every few years, investors are told a new tax change will transform the investing landscape.

For me, the most interesting investment question involving SpaceX isn’t whether it is worth the enormous valuation. It’s whether Elon Musk can build AI data centres quickly enough to change the supply-demand balance of the entire industry.

When I think about El Niño, the first thing that comes to mind is usually weather: droughts, floods, bushfires and storms. But for investors, I think the more important question is what happens after the weather changes. A super El Niño does not automatically mean a market crash, nor does it ...

What is the Great Wealth Transfer in Australia? There is an old saying in financial circles: the secret of business is to get between the money and the person who is about to receive it. The person leaving the money is no longer around to object. The person receiving it is simply grateful to be ...

Every time another tech giant announces billions of dollars in spending on AI infrastructure, the same question comes to mind: are we witnessing the next great technological revolution, or simply watching another investment bubble inflate? It's an understandable concern.

A transition to retirement pension (sometimes referred to as TTR) allows you to transfer part of your superannuation funds into a transition to retirement account and draw a tax-free income if you are over 60 and under 65. Pro-Tip: This is not for everyone! If you are short on cash, it is useful. ...

Ethical investing has a noise problem.

Why Portfolio Turnover Matters More Than Pre-Tax Returns Most investors are trained to focus on returns. Did the portfolio make 8% or 10%? Did it beat the market? Did the manager outperform? It sounds sensible. But it misses something important.