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Graham Hand

Pilar Gomez-Bravo: How to select assets in a world of choices

This wide-ranging interview with Pilar Gomez-Bravo, Director of Fixed Income at MFS Investment Management, covers the role of active management, the low rate environment, portfolio creation and asset class correlations.

How much industry knowledge does a board member need?

A reader responded with detailed comments on the need for board members and the Chair to have relevant expertise in the company's industry. Please join the debate.

It’s as much Smashing Pumpkins as smashed avocado

Bernard Salt's smashed avocados are now part of our lexicon, even if the way we are using it was not his original meaning. Whatever, lots of expenses such as concert tickets add up significantly with compounding over time.

Budget 2018: Highlights including new retirement income choices

The 2018 Budget features cuts to personal income taxes and changes to retirement income policies. There's plenty of money on infrastructure to boost jobs and ease congestion.

Pension Loans Scheme is a potential fourth pillar of retirement

The 2018 Budget has opened the possibility that the Pension Loans Scheme will become a more popular part of retirement income planning.

Royal Commission 1: How the tone was set

The characteristic tone of the Royal Commission was set on the first day focus on financial advice, and no witness has been able to defend commissions to advisers and the vertical integration model.

Latest Updates

The revolt against Baby Boomer wealth

The $3m super tax could be put down to the Government needing money and the wealthy being easy targets. It’s deeper than that though and this looks at the factors behind the policy and why more taxes on the wealthy are coming.

Superannuation

How to prevent excessive superannuation balances

There is an alternative, simpler approach which could be used to mitigate some of the difficulties that the proposed super tax has for holders of large assets such as properties, businesses and farms in SMSFs.

Shares

US shares: Ambitious multiples on ambitious EPS forecasts

Here's a detailed look at how current valuations and profit forecasts for the S&P 500 stack up versus history. The answer? Both seem excessive, making the market vulnerable to a correction or worse.

Taxation

Family trust tax: When is a loan not a loan?

A recent ruling could change the tax payable by beneficiaries of family trusts. If the ATO has previously demanded extra payments on unpaid present entitlements in your family group, you should watch this space.

Property

Things you must consider before subdividing a property

Subdividing can offer a lucrative first step into property development. Yet it comes with legal, planning and unexpected tax considerations that should be understood from an early stage to avoid surprises.

Investment strategies

5 insights that put market volatility in perspective

Though it may feel like this time is different, markets have shown resilience throughout history when confronted by wars, pandemics and other crises. In many cases, the best course of action has been none at all.

Strategy

Concerns about China's rise to power seem overblown

China has always managed its affairs in a very different way to Western countries and empires. For those concerned about China's rise as a global power, the big question is whether this approach could change.

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