Since Labor’s 2026 federal budget changes were handed down, Australia’s property market – particularly suburbs across Sydney and Melbourne – has experienced sharp price corrections.

While property commentators spent early 2026 tracking a largely flat, sideways trend in capital city housing (hovering around the $1.81M to $1.83M median mark in Sydney), the post-budget landscape has delivered a rude shock.

For homeowners who, for years, sacrificed and scrimped to save a 10 to 20 per cent deposit and then purchased or refinanced during 2025 or early 2026, these price falls are no longer just abstract paper losses – they represent a devastating hit to their wealth and equity. Indeed, all they’ve saved has been wiped out in a matter of months. Continue…

by Roger Montgomery Posted in Economics, Editor's Pick, Investing Education, Market commentary.

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In this video I discuss Aussie Broadband (ASX: ABB), a growing challenger in Australia’s retail broadband market with around 15 per cent of the NBN market across its retail and wholesale services.

The company has delivered double-digit organic sales growth alongside acquisitions, while increasing scale may support further growth and operating efficiencies. Earnings are expected to grow over the next two years, supported by a cashflow-generative business and relatively low gearing.

While concerns around competition from Starlink have recently weighed on the share price, I explain why the current valuation may offer an attractive entry point if ABB continues to execute on its growth strategy. Continue…

by Gary Rollo Posted in Companies, Editor's Pick, Insightful Insights, Market commentary, Market Valuation, Popular, Small Caps, Stocks We Like, Video Insights.

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If the S&P 500 is the dog that wags the global stock markets’ collective tail, then the U.S. central bank – The Federal Reserve – is the brain controlling that dog. What happens at the Fed matters to almost every investor around the world.

And those investors have grown accustomed to dancing with a Federal Reserve that provided reams of forward guidance, as well as a dependable feedback loop. When the Fed spoke, markets adjusted, and increasingly innovative monetary policy smoothed over any volatility. Continue…

by Roger Montgomery Posted in Economics, Editor's Pick, Global markets, Insightful Insights, Market commentary.

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Recently, a friend recommended John Anderson’s Conversations podcast on Spotify. 

One of the more immediately relevant is Anderson’s interview with former senior Treasury official David Pearl.

Listening, I discovered, beyond the discussion about the energy transition, that Australia’s decline – a decline I believe many are now witnessing and believing – is not fate but the product of bad choices made by the people running our institutions.

David Pearl is a former assistant secretary of the Australian Treasury and now a full-time writer and commentator on economic and cultural policy. He spent some three decades in the federal bureaucracy, with postings to the Organisation for Economic Co-operation and Development (OECD) in the late 1990s and a period as the Treasurer’s representative in the United States, working across taxation, fiscal management and energy policy. He writes regularly for The Australian and The Spectator Australia and appears frequently on Sky News, where he has been among the most persistent critics of Treasury’s modelling of the renewable energy transition. Continue…

by Roger Montgomery Posted in Market commentary.

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The Energy Institute’s “Statistical Review of World Energy” for 2025 provides an interesting snapshot of how the world’s energy is supplied and, importantly, where Australia fits into the picture. The numbers reveal just how dependent we (and the rest of the world) are on oil, gas, and coal. But most interestingly, this report raises questions about Australia’s approach to nuclear energy, coal exports and decarbonisation. Continue…

by David Buckland Posted in Editor's Pick, Energy / Resources, Insightful Insights, Market commentary.

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In my latest article for The Australian, I explore the growing risks facing global markets as cracks emerge across technology, fixed income and inflation. With artificial intelligence (AI) investment increasingly circular, government debt climbing and inflation remaining stubborn, investors may need to prepare for a more volatile and challenging market environment.

Download here: Global markets face reckoning as triple threat fractures appear Continue…

by Roger Montgomery Posted in Editor's Pick, In the Press, Insightful Insights, Market commentary, Market Valuation.

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I joined Jess Maguire on ABC Statewide Drive to discuss the Big Mac Index and how it uses the concept of purchasing power parity to assess whether currencies appear overvalued or undervalued. We also explored why the index has limitations as a measure of fair value, what it suggests about the Australian dollar, and the important differences between market pullbacks, corrections and crashes, highlighting why short-term volatility is a normal part of investing.

Listen in from 1:47:03: ABC Statewide Drive

by Roger Montgomery Posted in Economics, Radio.

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I joined Juliette Saly on Ausbiz to discuss the next phase of the artificial intelligence (AI) investment cycle and the growing divergence between the companies building AI infrastructure and the hyperscalers funding it. We explored the risks posed by mounting AI capital expenditure (capex), weakening cash flows, the emergence of lower-cost Chinese AI models and what could happen if hyperscalers begin slowing investment. We also discussed why investors may benefit from looking beyond momentum-driven technology stocks towards high-quality, value-oriented businesses and other defensive assets.

Watch the full episode on Ausbiz here: Who really wins from the AI boom? Continue…

by Roger Montgomery Posted in Economics, Global markets, Investing Education, Manufacturing, Market commentary, Market Valuation, Technology & Telecommunications, TV Appearances.

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