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 agreement 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.

 

  •      
  •   

 

Leave a Comment:

banner

Most viewed in recent weeks

The ultimate superannuation EOFY checklist 2026

Here is a checklist of 28 important issues you should address before June 30 to ensure your SMSF or other super fund is in order and that you are making the most of the strategies available.

Noel Whittaker’s take on the budget

Marketed as a fix for inequality and housing affordability, the latest budget instead delivers a tangle of tax changes that leave everyday Australians worse off.

Australia has no death duties. Technically.

Australia may not levy formal death duties, but a growing web of tax measures is quietly shaping what wealth passes between generations. Now, the 2026 budget adds another layer.

Lithium's rally is real this time – but no-one trusts it

The lithium rally mirrors the early-2010s tech stock surge, with demand set to double by 2030. Supply has been slow to respond, creating a market deficit for future tech like humanoid robotics and solid-state batteries.

Welcome to Firstlinks Edition 662 with weekend update

The debate over the budget is increasingly shaped by frustration and perceptions of unfairness, rather than clear-eyed assessment of policy outcomes.

Two months into retirement

A retirement researcher's take on retirement and her focus on each of her six resource buckets to stay engaged during the transition and beyond.

Latest Updates

Are the government’s CGT changes better for young investors?

New CGT rules promise fairness, but could young investors lose out? A practical scenario reveals how changes impact deposit goals, investment choices, and long-term wealth building for the next generation.

Retirement

How to minimise tax with a will

Inheritance tax implications in Australia may surprise some, as poor estate planning without proper wills or trusts can lead to costly tax bills and delays for beneficiaries.

Investment strategies

AI can’t pick winning funds, but it can help you avoid losers

Machine learning has been touted a game changer investment management. But a new study overturns claims that AI can generate positive alpha in mutual funds. Here are some practical takeaways for investors.

Investment strategies

Inflation BIG picture: Boomers got lucky, next Gen not so much

A 150-year view shows inflation's upward bias, driven by shifting monetary regimes and war stocks. This marks an end to the low-inflation boom that enriched boomers and ushers in a higher-inflation era for younger investors.

Planning

Tax deductibility of financial advice improves affordability

A shrinking adviser workforce and rising costs are squeezing access to financial advice, just as demand surges. Expanded tax deductibility offers a modest but meaningful boost to affordability.

Retirement

Retirement in reality – 3 months in

A reflection on travel mishaps, smart decision-making, time pressures and rebuilding health habits. Three months in, here's how to navigate the surprising realities of life after work.

Taxation

Calculating the business cost of Australia’s new 'productivity tax'

Amid a national productivity crisis, new economic analysis finds the tax changes in the 2026 Federal Budget create Australia’s first-ever by design 'Productivity Tax', where young people will pay the biggest price.

Sponsors

Alliances

© 2026 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. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. 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.