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Raising the GST to 15%Here's what should replace the $3 million super tax 100 Aussies: seven charts on who earns, pays, and owns The rubbery numbers behind super tax concessions 9 winning investment strategies

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Home / White Papers 2023

Global Investment Outlook: Flexibility, resilience and opportunity

Franklin Templeton
18 December 2023

Trees are an appropriate metaphor for investing. When nurtured, they grow gradually but inexorably. Upon maturity they yield their bounty—shade, nuts and sweet fruit.
Yet some trees withstand adversity better than others. Resilience requires flexibility, and in heavy winds, the willow’s ability to bend is superior to the oak’s girth. We expect markets to experience many storms in 2024. Portfolios that bend but don’t break are best suited to provide the resiliency for what lies ahead.

About Global Investment Outlook

Global Investment Outlook allows the Franklin Templeton Institute strategists to highlight manager’s views on markets across the firm. Our mission is to provide our clients with research that meets their needs and concerns. We do this by listening, understanding, and then harnessing the resources of our firm to answer the challenge. We organize around areas of exploration to develop distinct insights and their practical applications. Two related Franklin Templeton Thinks publications of note are Allocation Views, produced by Franklin Templeton Investment Solutions, which offers you our best thinking on multi-asset portfolio construction; and, Macro Perspectives, produced by the Institute, featuring economists from across the firm dissecting key macroeconomic themes driving markets.

Download the full paper

Most viewed in recent weeks

Raising the GST to 15%

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Tony Dillon
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James Gruber
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The rubbery numbers behind super tax concessions

In selling the super tax, Labor has repeated Treasury claims of there being $50 billion in super tax concessions annually, mostly flowing to high-income earners. This figure is vastly overstated.

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9 winning investment strategies

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Markets have weathered geopolitical turmoil, hitting near record highs. Investors face tough decisions on valuations, asset concentration, and strategic portfolio rebalancing for risk control and future returns.

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Latest Updates

Taxation

100 Aussies: seven charts on who earns, pays, and owns

James Gruber
23 July 2025
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7 key charts on the state of the Australian property market

The Australian property market stirs fierce debate - often bullish optimism versus crash predictions. But beyond the noise, seven charts reveal what's really driving prices and the outlook for residential real estate.

Shane Oliver
23 July 2025
2

A simple alternative to the $3 million super tax

Division 296 aims to introduce improved fairness into the superannuation system, yet is overly complex. This scours the world for better ideas and suggests a simpler alternative which can achieve the same goals.

David Knox
23 July 2025
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CBA and the index conundrum for super funds

After the hyperbolic rise in CBA shares, super funds are floating the idea of carving out the weightings of ASX bank securities and indexing them within their portfolios. This looks at why that might be a big error.

Andrew Brown
23 July 2025
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Strategy

10 policies to drive Australian productivity higher

Here's a comprehensive list of proposed reforms to fix Australia's stagnating economy, including introducing a flat income tax rate, reducing migration, and making childcare tax-deductible.

Jonathan Rochford
23 July 2025
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Interviews

Where to find big winners in Asia

As more money looks for a home outside the US, Asia may soon get some love. Fidelity's Anthony Srom outlines the best places in Asia to invest, including in Chinese consumer names, Indian financials, and Thailand.

Investment strategies

We have trouble understanding the time value of money

We overvalue the present and underestimate the future - it’s a cognitive glitch called hyperbolic discounting. It affects savings, spending, and loans, and it's more common - and costly - than we think.

Tony Dillon
23 July 2025
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