In this week’s video insight, I unpack the leaked Treasury report warning the Albanese Government that Australia’s budget cannot be sustainably repaired without both raising taxes and cutting spending. The report also casts doubt on the government’s ambitious housing targets, with rising construction costs and surging demand making them increasingly unrealistic. Political support for a ‘Big Australia’ is compounding the strain on housing supply and intensifying the cost of living crisis. Continue…

by David Buckland Posted in Video Insights.

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The title of this blog post was going to be ‘How to mismanage an economy’. I decided against it because the cynical answer could seriously abbreviate the blog post to just, Give it to Victoria’s Labor government.

In Victoria, State Member for Warrandyte, Nicole Werner, recently outlined and commented on the state government’s imposition of yet another new tax. A new land tax on those running any business activities from their homes. Continue…

by Roger Montgomery Posted in Market commentary.

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What does 30 June means for investors in managed funds? While the broader public may focus on tax returns and winter holidays, investors — particularly those in actively managed equity funds like those offered by Montgomery — may notice distributions being paid around this time. Continue…

by Rhodri Taylor Posted in Investing Education.

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Yesterday afternoon I joined Jess Maguire on ABC Statewide Drive to discuss Michele Bullock’s decision to hold the cash rate. The Reserve Bank of Australia (RBA) cited that monthly data is erratic and therefore they are waiting for more reliable quarterly figures. A rate cut later this year remains a strong possibility. Continue…

by David Buckland Posted in Radio.

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by Roger Montgomery Posted in In the Press.

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This morning, I joined Juliette Saly on Ausbiz to discuss the Reserve bank of Australia’s (RBA) surprise decision to hold rates at 3.85 per cent, despite earlier expectations of a cut. Governor Michele Bullock made it clear the RBA is prioritising quarterly data over monthly figures, citing volatility in the latter. With June quarter inflation data due at the end of this month the odds of a rate cut in August remain high. Continue…

by David Buckland Posted in TV Appearances.

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When Warren Buffett was asked to distil the essence of investing success, he offered the following:

“Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, 10 and 20 years from now. Over time, you will find only a few companies that meet these standards – so when you see one that qualifies, you should buy a meaningful amount of stock. You must also resist the temptation to stray from your guidelines: If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio’s market value.” Continue…

by Roger Montgomery Posted in Investing Education, Market commentary.

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I joined Paul Turton this morning on ABC Newcastle to discuss the pending interest rate decision and how its outcome could influence investors.

While interest rates, consumer confidence, tariffs and a weak Australian dollar all influence the investment landscape, the real focus should be on company fundamentals. Focussing on the long-term value of quality businesses is ultimately what drives shareholder returns. Continue…

by Roger Montgomery Posted in Radio.

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