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Graham

Australia is the new Switzerland

* This article proposes that Australia is 'the new Switzerland', as we are not printing money and we have tiny public debt.

Health warning: long and technical discussion for bank liquidity geeks only

In Cuffelinks on 2 April 2013, we posted an article on bank liquidity. Alun Stevens, Principal at Rice Warner Actuaries, took issue with some of the conclusions, and a lively debate followed. Warning: very long and technical.

Michael Porter's Social Progress Index

Traditional indicators of economic growth do not tell the whole story of a country’s progress. In the new Social Progress Index, Australia ranks 7th overall of the 50 countries studied, but 3rd for 'Opportunity'.

Ten funding models for nonprofits

* Nonprofit organisations need clear and succinct conversations about their long- term funding strategies. This article provides 10 funding models to consider.

Consider a LIC before you bite into equities

When the opportunity comes along to buy one of the long-established LICs at a good discount, it's the nearest thing to a free lunch the equity markets will give to a long-term investor.

Australian spending habits

* ASIC's Money Smart website shows what Australian households spend their money on. Expenditure averages $69,166 a year.

Latest Updates

Economy

Why have Australian living standards 'fallen' and how do we fix it?

For the last few years there has been much talk of a 'cost-of-living' crisis in Australia and of 'falling living standards'. Lately this has flared up again with the pickup in inflation resulting in a renewed fall in real wages.

Latest from Morningstar

Four options for an income investor’s next dollar

What if Australia’s golden age of dividends is ending? Rather than overhaul your portfolio, it may be worth considering where new capital can work harder. I discuss four income strategies and the trade-offs behind each.

Taxation

Completing the reform of CGT: tax real losses like real gains

Recent CGT reforms tax real gains by indexing capital gains to inflation. However, the reform fails to index losses, leading to higher tax on assets that do not keep pace with inflation, creating inefficiencies in the tax system.

Investment strategies

Blockbuster AI debt issuance coming to a bond market near you

With Australia likely to attract a growing share of AI-related issuance, investors should prepare for increasing influence from AI funding demands, evolving credit fundamentals and changing valuation dynamics.

Investment strategies

Active managers: Bringing a gun to the gunfight

When data arrived, basketball abandoned the mid-range shot, Formula 1 reinvented the pit stop and chess embraced humans working with machines. Active managers confronting today's markets may learn from the same path.

Retirement

What Australian super funds can learn from the UK

Most people want answers to three retirement questions: What have I got? Is it enough? What can I do with it? A leading UK pension innovator shares his lessons on helping members better understand and prepare for retirement.

Investment strategies

What the market may be missing in FY27

We asked ten fund managers the same question following FY26. While their investment styles differ dramatically, their answers revealed several surprising areas of agreement about where markets may be heading next.

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