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Edition: 479

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Welcome to Firstlinks Edition 479 with weekend update

  • 13 October 2022
  • 10

There is a common frustration among investors that obtaining a single piece of financial advice involves a lengthy and costly consultation process. But it's easy to understand why it's necessary. We are all different, and how can anyone be financially advised without knowing their goals?

Will tokens fix Optus hacks and investment paperwork?

Despite advances in investing technology, the most fundamental step - the application process - often frustrates investors. Will 'tokenisation' be the solution to identify fraud, and what's the impact of Optus?

The super wars: Vanguard versus AustralianSuper

Vanguard Super will launch later in the year with details yet to be confirmed, but it's likely to look like the Vanguard Personal Investor product. Will it really compete with the big, established super funds?

The danger in Labor's new franking credit proposal

Listed companies often raise capital around the same time they pay dividends and return capital to shareholders, but proposed legislation may prevent companies paying franked dividends during a capital funding.

Recessions are usually good for sharemarkets

By the time a recession is confirmed in the statistics, most of the sharemarket fall is probably in the past. Markets often start rise when the headlines are full of doom and gloom, and early investors are rewarded.

Lessons for our Year 12 economics students and investors

Much economic success is based on private goods, where the benefit derives to the owner. The challenge for economics is with public goods, and our current Year 12 students are learning to address market failures.

Do Australians expect to have enough to self-fund retirement?

New research reveals the uncertain outlook for retirement, with most people admitting they will hold insufficient assets to self-fund their needs, and nearly one-third expect to carry debt into retirement.

Taming the Wild West of crypto needs a global approach

Similar to banking, crypto is global, but its decentralised nature allows exploitation of regulatory differences. The failure of DeFi businesses reveals flaws in the ability of regulation to protect the public.

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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. 

Indexation implications – key changes to 2026/27 super thresholds

Stay on top of the latest changes to superannuation rates and thresholds for 2026, including increases to transfer balance cap, concessional contributions cap, and non-concessional contributions cap.

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.  

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.

The refinery problem: A different kind of energy crisis in 2026

The Strait of Hormuz closure due to US-Iran conflict severely disrupted global energy supply chains. While various emergency measures mitigated the crude impact, the refined product market faces unprecedented stress.

3 ways to defuse intergenerational anger

With the upcoming budget increasingly likely to include bold proposals to alter the tax code I’ve outlined three incremental steps with fewer unintended consequences.

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