Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

Community Rules Policy

  •      
  •   

Firstlinks is part of a community of investors sharing ideas and we welcome your comments on any article. We want everyone to benefit from this community, and request that your comments are respectful and sincere. You may use your real name or an alias to identify your comment, but the name should not be offensive, defamatory or impersonate another person, or be otherwise unacceptable.

When sharing external material on our website, please limit quotes to no more than one paragraph, and use links to other websites with a short summary of the relevant material, rather than copying large amounts of content. You must not upload any information that you do not have a right to make available, or that is subject to confidentiality or copyright.

Firstlinks may moderate comments, and when you post a comment, it may not appear immediately because it is either awaiting approval, or contravenes this Policy. Links to personal and other inappropriate sites will usually be removed.

Comments can be supportive, critical or provide further information. We welcome comments which challenge another opinion, but if you disagree with an article, you must not personally attack or harass the author.

We reserve the right not to publish, or to delete or edit comments that are:

  • Not relevant to the debate or subject
  • Abusive, offensive, defamatory, misleading or otherwise unacceptable
  • Criticising a company or person without constructively adding to the subject or without sufficient supporting argument
  • Attacking the person rather than the subject
  • Not well written or understandable
  • Clearly politically biased
  • In the nature of advertising, product promotion, personal showcasing or in any way soliciting for business.

If you participate on this web site, you shall not post or upload any messages, data, graphics, links or other material which are unlawful or abusive in any way, or which violate the rights of any party, or give rise to liability or violate any law.

Comments are submitted by readers and we cannot guarantee the accuracy or integrity of all submissions. Some readers may contravene our Terms and Conditions as we cannot check every part of their comments.

To the extent allowable under the law, you bear all risk associated with your use of our website, newsletter or any other communication from us. You should not rely on comments in making any investment or other decision. In the event that you have any right, claim or action against any reader arising out of that reader’s comments, then you will pursue such right, claim or action independently of, and without recourse to, us. Your continued use of this website is aggrement to these terms.

Firstlinks does not offer personal financial advice. We do not know your financial circumstances, and nor can anyone who provides a comment. We expressly exclude our liability for any loss or damage arising from the posting of comments on our web site.

By submitting comments you agree to indemnify and to continue to indemnify Morningstar Australasia Pty Limited (publisher of Firstlinks) to the full extent possible under the law against all claims, costs and expenses of any type arising out of any such comments.

 

banner

Most viewed in recent weeks

How $200 billion is magically created

Australia is in a relatively good position to borrow $200 billion, with the RBA using printed money to buy bonds in the market. The long-term consequences are better than the alternative.

Howard Marks on 'Which way now?' - UPDATED

Howard Marks is the largest investor in the world in distressed securities. What does he think after checking the virus positives and negatives, and how much has he changed his mind in only a few days?

What are the possible economic effects of COVID-19 on the world economy?

In a widely-quoted scenario using estimated attack and fatality rates of coronavirus, about 0.07% of the population of the US dies. That's about 230,000 people, which the market is not ready for.

Note to Australia: be more French in the COVID-19 war

Andrew Baker is well-known as a superannuation consultant. Now working in the UK, he was caught in France with his family and is in lockdown. He worries Australian policy was too slow.

Welcome to Firstlinks Edition 351

The $130 billion wage stimulus is astounding in its generosity and scope. It's equivalent to the annual budgets for defence, education and health combined. A cafe owner told me a casual dishwasher who was paid $60 for two hours work a week now wants the $1,500 fortnightly payment. Shane Oliver exclusively explains where $200 billion will come from, and some longer-term consequences.    

  • 1 April 2020

The three key issues in the COVID-19 outlook

Hamish Douglass outlines the three main issues in the outbreak of coronavirus, with consequences which may change businesses and consumers forever. Will we face V-shape, U-shape or depression?

Latest Updates

The three key issues in the COVID-19 outlook

Hamish Douglass outlines the three main issues in the outbreak of coronavirus, with consequences which may change businesses and consumers forever. Will we face V-shape, U-shape or depression?

Investment strategies

Survey: the impact on you of COVID-19

Let us know how are you coping in the current crisis. How is your portfolio performing? Have we seen the stock market bottom? When will the crisis end? What does 'the other side' look like?

Economy

How to make up for lost time on COVID-19

Bill Gates warned the world in 2015 that we were not ready for the next inevitable pandemic, and we ignored him. The Washington Post has provided free access to his updated views.

Strategy

The simple mathematics of social distancing

A simple check of the mathematics explains why social distancing is so important, and in the absence of a treatment or vaccine, the only way to stop COVID-19 becoming rampant.

Economy

One trillion and counting: is government debt a problem?

With about $350 billion of new government spending announced to combat COVID-19, the obvious question is whether Australia can afford it, especially when national income will fall rapidly.

Taxation

Brace yourself for (bad) tax and super news

The previous austerity of the Coalition Government has been tossed aside to deal with COVID-19, but at some point, debt will be repaid. Are policies once considered off-the-table now a target?

Investment strategies

Hybrids throwing up opportunities … and risks

The GFC provided asset managers with a source of behavioural data they could only dream of. However, no amount of modelling can capture the full panic that some investors experience. 

Economy

Demographic change at the worst possible time

The missing piece in most analysts' views of the future of the stock market is demographics. The secular bull market until 2019 was driven by a generation that is now retiring and selling equities.  

Sponsors

Alliances

© 2020 Morningstar, Inc. All rights reserved.

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use.
Any general advice or class service prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Ltd, subsidiaries of Morningstar, Inc, has been prepared by without reference to your objectives, financial situation or needs. Refer to our Financial Services Guide (FSG) for more information. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.