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          <time datetime="2026-05-13T12:40:55+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">May 13, 2026 12:40</time>
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              Markets had hoped for tighter fiscal policy
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  Markets had hoped for tighter fiscal policy and a larger reduction in the supply of government debt in last night&#39;s Commonwealth budget.  
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  What can a kung fu show tell you about investing in robotics? How to find hidden champions in China small caps - a sector largely overlooked by investors? And should...
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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>&quot;It&#39;s a one-way train&quot; - the case for looking beyond the US has never been <span class="whitespace-nowrap">stronger<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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  As US markets grow more concentrated, investors are being forced to rethink where diversification comes from.
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        Livewire Markets
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          <time datetime="2026-05-13T09:27:16+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">May 13, 2026 09:27</time>
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              2026–27 Federal budget: one of the toughest hits to HNW wealth in decades
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  Budget delivered a brutal blow: 50% CGT discount for holding &gt;12mths is gone. HNW families now face real long-term pain on capital gains.
</div>

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        York Wealth Management
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              Fed easing is becoming increasingly unlikely in 2026
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  After an extended period of cooling inflation, the impact of the Middle East conflict is driving a reacceleration in prices. Headline inflation rose 0.6% in April,...
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              Australia’s debt stays manageable as the Budget walks a fiscal tightrope
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  If the government were to fan any inflationary flames, it would be incumbent on the RBA to douse them. They struck the balance.
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              <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>Buy Hold Sell: Is it time to ditch the banks? 7 ASX financials stocks to <span class="whitespace-nowrap">watch<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">
<path d="M3 16.5C3 15.1193 4.11929 14 5.5 14C6.88071 14 8 15.1193 8 16.5V18.5C8 19.8807 6.88071 21 5.5 21C4.11929 21 3 19.8807 3 18.5V16.5Z" fill="#19202D"></path>
<path d="M16 16.5C16 15.1193 17.1193 14 18.5 14C19.8807 14 21 15.1193 21 16.5V18.5C21 19.8807 19.8807 21 18.5 21C17.1193 21 16 19.8807 16 18.5V16.5Z" fill="#19202D"></path>
<path d="M21 18V12C21 7.02944 16.9706 3 12 3C7.02944 3 3 7.02944 3 12V18M5.5 21C4.11929 21 3 19.8807 3 18.5V16.5C3 15.1193 4.11929 14 5.5 14C6.88071 14 8 15.1193 8 16.5V18.5C8 19.8807 6.88071 21 5.5 21ZM18.5 21C17.1193 21 16 19.8807 16 18.5V16.5C16 15.1193 17.1193 14 18.5 14C19.8807 14 21 15.1193 21 16.5V18.5C21 19.8807 19.8807 21 18.5 21Z" stroke="#19202D" stroke-width="1.5" stroke-linecap="round" stroke-linejoin="round"></path>
</svg>
</span></span>
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  As the big banks hit record highs, the experts reveal where they&#39;re hunting for value in ASX financials.
</div>

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          <time datetime="2026-05-13T02:39:17+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">May 13, 2026 02:39</time>
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              The 2026-27 Budget: Responsibility, productivity and fairness - or is it?
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  A Budget designed to tackle inequality and reshape wealth creation may also bring major consequences for investors and growth.
</div>

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        AMP
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          <time datetime="2026-05-13T02:27:09+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">May 13, 2026 02:27</time>
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              “A real sting in the tail” - The rules of investing have been rewritten (plus 5 key charts)
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Labor used five confronting charts to justify why it believes investors with wealth in shares, property and trusts should pay more tax.
</div>

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      <div>
        Livewire Markets
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            <a class="pre-header-sm lg:pre-header-md uppercase text-primary hover:underline" href="/wealth">Wealth</a>

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          <time datetime="2026-05-12T21:26:18+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">May 12, 2026 21:26</time>
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              The real impact of the FY27 Budget may be weaker growth, not inflation
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Markets still expect more hikes, but the Budget may point to a slowing economy instead.
</div>

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        Wilson Asset Management
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              Housing tax reform shifts the pressure, but doesn’t solve it
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  The Budget’s housing reforms could ease competition for buyers while intensifying the rental squeeze.
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              Royalty pharma – funding the next generation of medicines
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  Royalty Pharma, a PM Capital holding, is reshaping how breakthrough medicines are funded and developed. By Alex Warnaar, PM Capital
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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>On the hunt for 10-baggers (and what to do if you find <span class="whitespace-nowrap">one)<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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  Seneca’s Luke Laretive explains what separates genuine 10-baggers from market hype, and why patience matters most.
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          <time datetime="2026-05-12T10:26:31+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">May 12, 2026 10:26</time>
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              Anurag Agarwal - the asset class that moves the world
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  From global trade to risk management, explore why shipping is the &quot;moveable infrastructure&quot; investors can no longer ignore.
</div>

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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>A.I. needs power &amp; Aus energy markets aren&#39;t ready - Jason <span class="whitespace-nowrap">Coggins<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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  As AI drives power demand, hear Jason explore the energy war, semiconductors, P.Credit, geopolitics, CCY, capital flows &amp; where to allocate.
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              Gold in a tug of war between short-term pressure and longer-term structural support
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  Catalyst needed for gold to regain structural uptrend as investors treat Middle East crisis as ’transitory&#39;. 
</div>

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          <div class="sm:flex-grow">
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              Take our quiz: Which stocks made investors the most money?
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  If you fancy yourself as the smartest stock picker at the barbecue or in the office, this quiz is for you.
</div>

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  Australia&#39;s greatest blue chip has lost two-thirds of its value — how did the brokers get it so wrong, and could you have seen it coming?
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        Livewire Markets
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        <time datetime="2026-05-11T19:06:05+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">May 11, 2026 19:06</time>
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              Defence on a defensive multiple? No, Tanks
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  ASX Defence vs global primes: Tech cohort at a premium, yet growth unearned; Services at a discount, despite sovereign-backed contracts.
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        <time datetime="2026-05-11T15:58:33+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">May 11, 2026 15:58</time>
    </div>
</div>


      </div>
    </div>
</div>

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</template></turbo-stream>
  <turbo-stream action="update" target="pagination"><template>
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</template></turbo-stream>
