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Edition: 17

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Edition 17

  • 31 May 2013

Exclusive interview with global pensions expert Keith Ambachtsheer, the importance of measuring real returns, get your tax treatment right, Michael Porter's Shared Value, and some golden investment rules.

The Keith Ambachtsheer Interview

One of the world's leading pensions experts discusses the obligations of trustees, the design of pensions, the responsibility to actively manage a portfolio, and how to handle a low interest rate environment.

The utmost importance of real returns - but does the industry care?

Real returns, which are simply the return relative to inflation, measure the growth in purchasing power of a portfolio of assets. So why does almost everyone use nominal returns and mislead investors?

Taxing as revenue or capital gains and why it matters

Investors are often confused about the difference between a revenue profit and a capital gain, and which type of loss can be applied against which gain. Better find out before 30 June.

Michael Porter plans to take aim at investment managers

Michael Porter's 'Shared Value' is about creating value for both business (financial) and society (impact). It’s proactive, not reactive. And investment managers are in his sights.

Value investing and valuing a business

Value investing involves buying stocks at a discount to their intrinsic value but what valuation multiples do you use to identify the intrinsic value of a company?

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How cutting the CGT discount could help rebalance housing market

A more rational taxation system that supports home ownership but discourages asset speculation could provide greater financial support to first home buyers.

Want your loved ones to inherit your super? You can’t afford to skip this one step

One in five Australians die before retirement and most have not set up their super properly so their loved ones can benefit from all their hard work and savings. 

Super is catching up, but ageing is a triple-threat

An ageing Australia is shifting the superannuation system’s focus from accumulation to the lifecycle of retirement. While these pressures have been anticipated for decades, they are now converging at scale and driving widespread industry change.

Has Australia wasted the last 30 years?

The 20 years after Peter Costello left Treasury have been deemed wasted...by Peter Costello. The missed opportunities for Australia began long before.  

Meg on SMSFs: Last word on Div 296 for a while

The best way to deal with the incoming Division 296 tax on superannuation is likely doing nothing. Earnings will be taxed regardless of where the money sits, so here are some important considerations.

The 5% deposit scheme is bad for homeowners and Australia

An ‘affordability’ scheme making the county more vulnerable to economic shocks and contributing to the deteriorating financial situation of everyday Australians.

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