After Firmus shelved the biggest ASX listing in 30 years, what does it say to investors about AI hype?

After Firmus shelved the biggest ASX listing in 30 years, what does it say to investors about AI hype?

It was pitched to investors as “the biggest initial public offering (IPO) in a generation”. Firmus Technologies – a developer of artificial intelligence (AI) data centres – planned to raise A$7 billion from investors on the Australian Securities Exchange. Recently, bankers working on the deal declared investor interest in the A$11-a-share offer was “well in … Read more

The retirement gap we don’t talk about

The retirement gap we don’t talk about

Retirement confidence isn’t just about your nest egg, it’s about your plan Do you know how much interest you pay on your mortgage? Chances are you do. Like many homeowners, you may follow the Reserve Bank’s interest rate decision closely. You know what your repayments are, how much rates have risen over recent years and … Read more

Aged Care 101: What is the Higher Everyday Living Fee (HELF)?

Aged Care 101: What is the Higher Everyday Living Fee (HELF)?

The Higher Everyday Living Fee, or HELF, is a new optional fee that lets aged care residents pay for a more premium experience, from better meals to in-room entertainment. It’s completely optional, and declining it shouldn’t affect the standard care you receive. This guide breaks down what HELF actually covers, how it’s priced, and the … Read more

Should you change your investment strategy because of the CGT changes?

Should you change your investment strategy because of the CGT changes?

The capital gains tax (CGT) reforms have sparked debate about whether investors should favour income-producing investments over those focused on growth, in an effort to reduce their tax bill. But a lower tax bill doesn’t necessarily lead to a better investment outcome. New modelling of the reforms suggests that while higher-growth investments could face larger … Read more

Estate planning – why it’s important to have a will

Estate planning – why it’s important to have a will

What is your ‘estate’? Your ‘estate’ includes everything you own – your ‘earthly possessions’, if you will. It can include for example cash, property, cars, boats, furniture, jewellery, family heirlooms, art, shares and more. What is estate planning? This is where you decide what will happen to your belongings after you pass away. By leaving … Read more

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