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              What you need to know about the new tax on higher superannuation balances
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  The exact changes from Division 296 and what it means for taxing capital gains.
</div>

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        Livewire Markets
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          <time datetime="2025-06-18T09:52:20+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">June 18, 2025 09:52</time>
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              Thinking about bonds...and the local school play
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  What’s happening in the bond market? We have some thoughts.
</div>

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      <div>
        Quay Global Investors
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              Why the US remains exceptional and three opportunities investors shouldn&#39;t ignore
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  Global X’s Scott Helfstein makes the case for US exceptionalism, and identifies the key investment themes to watch in the age of automation
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              ASX uranium stocks big winners as Sprott buying spree sparks massive rally
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  Sprott announced it will purchase up to US$200m in physical uranium, a move that could help reignite bullish sentiment across the sector.
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Bannerman Energy Ltd</div>
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</a>    <div class="px-4 mt-0.5">
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      +7
</a></div>

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              Lithium legend Ken Brinsden on Pilbara Minerals, Patriot and why prices can rebound
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  The man who built Pilbara Minerals is running a new ASX lithium hopeful and says soaring demand will help lithium prices recover. 
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              Here we go again! - the threat from the Israel/Iran war
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  If oil hits US$150, expect blood on Wall Street, pain at the pumps and fireworks from Washington.
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        AMP
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              Four lessons from a ‘best-ever’ month and a key holding we think has big upside
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        Ophir Asset Management
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          <time datetime="2025-06-17T06:15:23+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">June 17, 2025 06:15</time>
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              The evolution of valuations in private credit: Australia’s path to best practice
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  Valuations are the foundation of trust in private credit. As the market matures, Australia must learn from global best practice.
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              Bell Potter: 2 surprising defensive picks – and 2 to avoid
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  With Telstra’s fiery rally leaving it fully priced, where should investors turn for protection? Bell Potter names two interesting stocks.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Investing in earnings leadership (and 2 ASX <span class="whitespace-nowrap">examples)<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Alphinity&#39;s Stuart Welch highlights the importance of earnings momentum and shares how his team hunts for companies displaying it. 
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              Santos takeover faces major hurdles, switch to Woodside Energy says broker
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  We review ADNOC’s Santos takeover, market and broker response, the likelihood of a rival bid, and the major hurdles it faces to be approved.
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        Livewire Markets
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          <time datetime="2025-06-16T13:20:10+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">June 16, 2025 13:20</time>
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              Is now the time to sell gold?
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          <time datetime="2025-06-16T11:51:44+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">June 16, 2025 11:51</time>
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              An industry having a ‘Chumbawamba’ moment
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  ASX takeovers soar in 2025: Building materials sector, hit by post-COVID pressures, sees small-caps bought by strategic investors. 
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              Advance Australia, fair? Morgan Stanley’s local outlook remains relatively positive on the ASX, the dollar and growth
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  Morgan Stanley’s Chris Nicol says Australia is in a decent spot despite tariffs, slow growth and an expensive stock market.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Mark Mobius: Change is coming and most companies are not <span class="whitespace-nowrap">prepared<svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" id="embed_podcast" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Market veteran Mark Mobius says the rules for investing in emerging markets have changed and so has his approach.
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              World champions across the board
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  Valuations are proving anchors without a tip currently, and the current continues to see share prices accelerate.
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</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="519" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-cba">
      <div class="p-4 flex group">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Commonwealth Bank of Australia</div>
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      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-519">
            Followed by<span class="font-bold text-gray-700"> 1672 </span>people
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          <div 
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  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="CSL" data-controller="event" data-event-name-value="link_click" data-event-id-value="62900" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-csl">
    <div
  class="lw-badge rounded-2xl  md"
  
  
>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">CSL</span>
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="575" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-csl">
      <div class="p-4 flex group">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">CSL Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:CSL</div>
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</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-575">
            Followed by<span class="font-bold text-gray-700"> 1582 </span>people
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          <div 
  class="follow-stock-code-575-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <a class="px-1 py-0.5 text-bold-md text-nav-item" data-controller="event" data-event-name-value="link_click" data-event-id-value="62900" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/wires/world-champions-across-the-board">
      +8
</a></div>

        </div>
        <div class="pt-4 pb-4 lg:pb-2 hidden sm:block">
          <div class="flex gap-2">
    <div data-controller="tooltip">
  <a aria-label="ANZ" data-controller="event" data-event-name-value="link_click" data-event-id-value="62900" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-anz">
    <div
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>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">ANZ</span>
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="231" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-anz">
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</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-231">
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          <div 
  class="follow-stock-code-231-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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      </div>
    </div>
  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="CBA" data-controller="event" data-event-name-value="link_click" data-event-id-value="62900" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-cba">
    <div
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>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">CBA</span>
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Commonwealth Bank of Australia</div>
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</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-519">
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          <div 
  class="follow-stock-code-519-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="CSL" data-controller="event" data-event-name-value="link_click" data-event-id-value="62900" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-csl">
    <div
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>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">CSL</span>
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="575" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-csl">
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        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-575">
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          <div 
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  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="GMG" data-controller="event" data-event-name-value="link_click" data-event-id-value="62900" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-gmg">
    <div
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>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">GMG</span>
  </div>
</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="870" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-gmg">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Goodman Group</div>
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</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-870">
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          <div 
  class="follow-stock-code-870-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
  data-followable-id="870"
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      </div>
    </div>
  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
    </div>
  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="MQG" data-controller="event" data-event-name-value="link_click" data-event-id-value="62900" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-mqg">
    <div
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>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">MQG</span>
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="1205" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-mqg">
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</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-1205">
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  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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      </div>
    </div>
  </div>
</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
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  </div>
</div>

    <a class="px-1 py-0.5 text-bold-md text-nav-item" data-controller="event" data-event-name-value="link_click" data-event-id-value="62900" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/wires/world-champions-across-the-board">
      +6
</a></div>

        </div>
      <div class="lg:flex lg:items-center clear-both">
        <div class="mt-2 lg:mt-4">
          <div class="flex items-center">
    <div class="mr-2">
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</div>

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        <div class="hidden lg:block lg:mt-4 mx-4 w-1 h-4 border-l border-gray-300"></div>
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</button>


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    <div class="flex flex-row-reverse">
        <time datetime="2025-06-16T08:58:09+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">June 16, 2025 08:58</time>
    </div>
</div>


      </div>
    </div>


    <div class="flex">
      <div class="py-6 md:py-8 lg:py-10 w-full" >
        <div class="mx-0 sm:flex sm:items-start">
    <div class="w-full sm:flex-grow order-2 wire">
      <div class="flex items-center">
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          <time datetime="2025-06-16T06:00:15+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">June 16, 2025 06:00</time>
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>How Epsilon is taking advantage of opportunities the banks can&#39;t <span class="whitespace-nowrap">reach<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Epsilon&#39;s Joe Millward explains the facts behind banks’ corporate lending and the opportunities companies like Epsilon are seizing.
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