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Welcome to Firstlinks Edition 587

  •   21 November 2024
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In Loving Memory of Graham Hand

Graham’s wife, Deborah Solomon, and daughters, Jenna and Elana, have established the Graham Hand Gift to honour Graham’s remarkable legacy and to support the causes that he cared about.

In addition to Graham’s giant legacy in financial journalism and investment thought leadership, Graham was a passionate advocate for giving. His efforts resulted in millions of dollars committed to the community through the Australian Philanthropic Services Foundation.

To honour Graham, the Graham Hand Gift will support projects that mattered to Graham, including social inclusion and empowerment through football (the “real kind”, as Graham would say).

This giving fund, held within the Australian Philanthropic Services Foundation, ensures that Graham’s vision of giving continues to make an impact in his name.

Donors can make a tax-deductible donation to the Graham Hand Gift via EFT or BPAY using the following link: Donate to the Graham Hand Gift (https://apsforms.tfaforms.net/f/donate?accid=001Ob00000MmHWX).

For assistance or further information, please contact Rachael Rofe and the APS Foundation team on 02 9779 6312 or email foundation@australianphilanthropicservices.com.au.

Thank you for your support in celebrating Graham’s extraordinary legacy.

In this week's edition...

The Big 4 banks have been on a tear of late and it's left income investors in a bind: do they stick with them even though they offer relatively low dividend yields and poor prospects or should they look elsewhere? James Gruber gives his take on the issue.

Australian Foundation Investment Company (AFIC) Managing Director, Mark Freeman, and his portfolio managers sat down for an interview with Firstlinks. Joseph Taylor details what they had to say on a range of topics, including the current discount to NTA, AFIC's dividend and buyback plans, and what it's doing with bank holdings after their recent run-up.

Most Australians don’t realise they are being charged up to six different types of fees on their superannuation. These fees can be opaque and hard to compare across different funds and investment options, as Tony Kaye outlines.

Ausbil Executive Chairman and CIO Paul Xiradis was recently inducted into the Funds Management Hall of Fame. This week, he shares his outlook for ASX large caps and why he's optimistic for 2025 and beyond. Paul also shares some of his favoured stocks.

Commercial property has been through a tumultuous two years. The big question is, are we near the bottom? Cromwell's Colin Mackay goes through the four phases of a typical property cycle and why we may be through the worst part of it.

The concept of an 'equity risk premium' has driven asset allocation decisions for decades. A revamped study suggests it was a relatively short-lived phenomenon rather than the mainstay many thought. Phil Graham has more.

Lastly, in this week's whitepaper, the World Gold Council has key gold demand trends from the third quarter of this year.

Curated by James Gruber and Leisa Bell

A full PDF version of this week’s newsletter articles will be loaded into this editorial on our website by midday.

Latest updates

PDF version of Firstlinks Newsletter

ASX Listed Bond and Hybrid rate sheet from NAB/nabtrade

Monthly Bond and Hybrid updates from ASX

Listed Investment Company (LIC) Indicative NTA Report from Bell Potter

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