20 May 2026

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Little‑known government scheme can help retirees tap into $3 trillion of housing wealth Origins of the mislabeled capital gains tax ‘discount’2 billion reasons to fix retirement income The ultimate superannuation EOFY checklist 2026 Div 296 may mean your estate pays tax on assets your beneficiaries never receive

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Edition: 204

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Edition 204

2 June 2017

This week saw one of those rare but not unprecedented times when a fund manager returns all money to his clients because the market risks are too great and he's struggling to find good investments. Altair's decision inevitably prompts the question, "Are we there yet?". Unfortunately, nobody knows, although the articles we have published from other fund managers who have increased their weightings to cash are an indication of widespread concern.

Seismic change and investing in barbells

Roger Montgomery
31 May 2017
3

The stock market is increasingly looking like a 'barbell' of company returns with a few big winners and lots of losers, especially in retailing where new competition led by Amazon is nothing less than a seismic change.

Six months of Trump, thanks, but what about impeachment?

Ashley Owen
31 May 2017
4

Growth assets have defied most predictions and performed well six months on from Trump’s election, but what will be the market consequences of a possible impeachment, using history as a guide.

The impact of global migration of millionaires

Karl Siegling
31 May 2017
6

Australia’s net inflow of immigrant millionaires is large and growing. With a lack of premium housing stock, major cities are struggling to meet demand, but this does not necessarily feed into the broader economy.

The big three investment risks in retirement

Josh Hall
31 May 2017
2

Of the major risks in retirement, inflation has the potential to be the greatest. Its incremental yet compounding impact is almost certain to reduce retiree purchasing power significantly over a 20-30-year retirement.

Managing downside risks in retirement with alternative assets

Bev Durston
31 May 2017
8

Alternative assets can enhance retirement portfolios through diversification, but their use requires skilled navigation and a willingness to compromise on liquidity to allow assets to realise their long-term potential.

SMSFs must fix death benefit pensions now

Peter Burgess
31 May 2017

The ATO has announced a relaxed approach to the treatment of death benefit income streams by a spouse provided action is taken before 1 July 2017.

Irrational exuberance: is history repeating?

Miles Staude
31 May 2017

The widely-quoted Shiller P/E measure of the S&P500 now stands well above its long-term average, but is this a reliable signal that the US market is seriously overpriced?

Is the property illiquidity premium outdated?

Adam Murchie
31 May 2017
1

Structural differences tied into the same asset class can provide divergent performance and investors need to be clear about their objectives when choosing the vehicle through which they take exposure.

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