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Edition: 538

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Welcome to Firstlinks Edition 538 with weekend update

  • 6 December 2023
  • 6

With the Origin Energy takeover rejection, push for automatic super pensions, and lobbying to change performance testing, the power of super funds has been on full display. It’s shown the good and bad of our current system.

Clime time: Income assets set for bumper 2024

Inflation has peaked and cash rates are about to peak. That means asset price compression is mostly behind us and 2024 should deliver positive returns for all asset classes, especially those skewed towards income. 

Blending active and passive into a winning portfolio

  When looking at long-term equity index charts, it’s easy to forget the individual stocks underpinning the indices don’t move as a unified block. This has important implications for how you try to extract returns from markets.

Preparing for next decade's market winners

Investors are overexposed to recent winners, namely large cap, growth stocks. As a whole, these stocks are exceptionally expensive, which means investors may need to switch strategies to outperform going forward.

Housing is a major issue for older people too

The Australian welfare system, including the Age Pension, was designed on the assumption that older people own their home and can age there. But new research shows this to be far from true for many of us.

The Aussie dollar was floated 40 years ago

On December 9, 1983, the Hawke Labor Government made the momentous decision to float the Australian dollar. This looks back at the history behind the decision and how it's served the country well since. 

Is India the world's best growth story?

India has overtaken China as the world's most populous nation and under a reformist Prime Minister, it's growing faster than most other emerging markets. It's also got well-run companies, some of which are global leaders.

A closer look at UniSuper and AustralianSuper

UniSuper and AustralianSuper are large, complex investment businesses, and it's worth taking a look under the hood before making an investment decision. This looks at the growing trend of bringing investment management in-house.

Most viewed in recent weeks

Retirement income expectations hit new highs

Younger Australians think they’ll need $100k a year in retirement - nearly double what current retirees spend. Expectations are rising fast, but are they realistic or just another case of lifestyle inflation?

Four best-ever charts for every adviser and investor

In any year since 1875, if you'd invested in the ASX, turned away and come back eight years later, your average return would be 120% with no negative periods. It's just one of the must-have stats that all investors should know.

Why super returns may be heading lower

Five mega trends point to risks of a more inflation prone and lower growth environment. This, along with rich market valuations, should constrain medium term superannuation returns to around 5% per annum.

Preparing for aged care

Whether for yourself or a family member, it’s never too early to start thinking about aged care. This looks at the best ways to plan ahead, as well as the changes coming to aged care from November 1 this year.

Our experts on Jim Chalmers' super tax backdown

Labor has caved to pressure on key parts of the Division 296 tax, though also added some important nuances. Here are six experts’ views on the changes and what they mean for you.        

Why I dislike dividend stocks

If you need income then buying dividend stocks makes perfect sense. But if you don’t then it makes little sense because it’s likely to limit building real wealth. Here’s what you should do instead.

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