They retreated from wealth as a group, after piling in like lemmings more than two decades ago. This time round they are rightly treading more cautiously.

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Shares or offset? The three-zone rule that makes the choice simple

Business & Economy

2w ago

Shares or offset? The three-zone rule that makes the choice simple

With home loan rates above 6 per cent, shares need to deliver almost 9 per cent before tax just to beat the guaranteed, tax-free return of an offset account.

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Bruce Gordon reveals $200m windfall from Domain sale

Business & Economy

2w ago

Bruce Gordon reveals $200m windfall from Domain sale

The 97-year-old billionaire businessman, who holds a 31 per cent stake in Nine Entertainment, has given a rare glimpse into his private investment company.

#bruce-gordon

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Neoclouds such as Firmus must transform to survive: JPMorgan

Business & Economy

2w ago

Neoclouds such as Firmus must transform to survive: JPMorgan

JPMorgan Asset Management’s Oliver Cox says rising interest rates have piled pressure on cash-burning neoclouds and thrown their business models into doubt.

#interest-rates #firmus #morgan

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Firmus flop puts investment bankers in the firing line

Business & Economy

2w ago

Firmus flop puts investment bankers in the firing line

ASIC’s inquiries could reinforce to the market that transparency in deal marketing are non-negotiable for maintaining public faith in the financial system.

#firmus

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Calls for Chalmers to tackle ‘middle-class welfare’ in budget update

Business & Economy

2w ago

Calls for Chalmers to tackle ‘middle-class welfare’ in budget update

The government’s largest proposed budget savings have come from cutting consultants and reining in cost blowouts, not real savings, say economists.

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The ASX’s ‘fallen angels’ that Lazard has been snapping up

Business & Economy

2w ago

The ASX’s ‘fallen angels’ that Lazard has been snapping up

Phillip Hofflin’s fund has come off a strong 12 months of performance. He talks the GLP-1s economy, avoiding crowded trades, and Sydney’s best German pretzels.

#asx #lazard #hofflin

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Polymarket and Kalshi are turning Washington into a casino

Business & Economy

2w ago

Polymarket and Kalshi are turning Washington into a casino

In a city where almost everyone is privy to some kind of inside information, betting on politics has surged ahead of midterm elections.

#us-midterms #polymarket #kalshi

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Horror run for small cap investors triggers wave of fund closures

Business & Economy

2w ago

Horror run for small cap investors triggers wave of fund closures

As interest rates continue to climb, double-digit losses and outflows is forcing money managers to start shutting their small-cap strategies.

#interest-rates #australia

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Burnham government’s maiden budget hits banks, savers to fund handouts

Business & Economy

2w ago

Burnham government’s maiden budget hits banks, savers to fund handouts

Chancellor John Healey claims his budget “for working people” will help navigate “global economic storms” in the short term and create conditions for growth.

#healey

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