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27 May 2026
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An assessment of the impact of the 2026-27 Budget, and the risk that in the attempt to engender inter-generational fairness that we create new distortions that ultimately could lead to lower capital investment, lower economic growth.
Australia’s real asset markets are evolving amid elevated inflation, geopolitical uncertainty and a more volatile interest rate environment. These conditions have driven a widening divergence between listed and unlisted real assets over the quarter.
Total Q1 gold demand saw a modest 2% growth y/y. The growth in volumes combined with gold’s exceptional price rise, generated a 74% jump in the value of quarterly demand to a record US$193bn.
While the quality factor has delivered strong, defensive outcomes globally, its effectiveness in Australia is more nuanced due to its smaller size and concentration by stock and sector.
In 2023 the Government announced its intention to bring in a new tax targeting people who have more than $3m in super. In December 2025, draft legislation for a completely revised version of this tax was released. The new version is due to start from 1 July 2026.
Each year, Fidelity's Analyst survey focuses on the key questions investment decision makers are asking, helping investors understand how themes could play out across portfolios.
AI technology is transformative and here to stay. But the inflated financial architecture supporting it may be unsustainable. The winners will be those who solve the fundamental economic problems AI faces.
Stability is on edge as conflict, inflation, rates and valuations continue to unsettle the global economy. For patient investors, this new regime may create opportunities that reward more selective exposures.
Australia’s economy continues to grow but resurgent inflation and the RBA’s decision to resume tightening raises questions around portfolio allocations. Australia's unique geopolitical positioning, with fortunes tied to Indo-Pacific trade partners while being strategically aligned with the US, has created an asymmetry that makes portfolio diversification crucial.
Choosing to tighten into large and persistent exogenous economic shocks could well prove to be one of the biggest policy errors the RBA has made in the inflation targeting era.
Changes in the prevailing macro regime means investors must now consider geo-economic fragmentation, fiscal sustainability risks, the dominance of the AI theme, and the high concentration of market-cap weighted indices when making equity allocation decisions.
Leveraging its expertise in batteries, motors and large-scale manufacturing, China is now shifting its attention towards humanoid robotics as the next frontier for technological leadership, employing a different strategy to what we’ve seen so far.
A proposal to address Australia's 'stranded balances' in retirement by requiring super funds to transition members to pension phase at 65, boosting retirement income and reframing super as a source of income.
Here is a checklist of 28 important issues you should address before June 30 to ensure your SMSF or other super fund is in order and that you are making the most of the strategies available.
UK retirement expert, Guy Opperman, believes super funds are failing at supporting members in deaccumulation. Here is what Australia should do about it.
A retirement researcher's take on retirement and her focus on each of her six resource buckets to stay engaged during the transition and beyond.
The debate over the budget is increasingly shaped by frustration and perceptions of unfairness, rather than clear-eyed assessment of policy outcomes.
Inflation doesn’t just raise today’s bills - it quietly increases the amount needed to retire, while simultaneously making it harder to save. Three steps to take before June 30th to improve retirement outcomes.