Matthew Burgess

UniSuper, one of Australia’s largest pension funds, is looking to buy any pullback in US technology stocks, shrugging off concerns over lofty valuations as it bets artificial intelligence will fuel years of earnings growth.

That is, the February 2026 full federal court appeal decision concerning the Coronis Real Estate group (and the case of Commissioner of Taxation v S.N.A Group Pty Ltd [2026] FCAFC 10).

Oil jumped and US equity futures fell after the US launched another round of strikes against Iran, while conflicting claims over the status of the Strait of Hormuz heightened uncertainty.

The Treasury two-year yield climbed to its highest level in more than 16 months as renewed tensions in Iran pushed up oil prices, fanning speculation that the Federal Reserve will tighten policy to keep inflationary pressure in check.

Oil rises and US equity futures fall after new strikes against Iran; uncertainty over Strait of Hormuz status heightens.Brent crude climbs 3% at open, dollar strengthens vs major peers.

Before adding yet another layer of complexity to an already convoluted area of tax law, Treasury should step back and undertake the comprehensive review that key stakeholders, being taxpayers and specialist advisers, have been calling for over many years, writes Matthew Burgess.

If Treasury genuinely intended to equitably reform the taxation of trusts, the starting point would be a comprehensive examination of why it is appropriate to materially alter the taxation outcomes of existing arrangements that were lawfully established and, in many cases, primarily motivated by considerations extending well beyond taxation. Asset protection, succession planning, business continuity […]

The Australian dollar’s steep selloff against its New Zealand counterpart is set to slow, with analysts saying Australia’s higher interest rates and a key technical support will cushion the currency.

Oil gained in early trading after US and Iran attacks escalated over the weekend, adding further pressure on Asian markets already rattled by a slump in chip stocks.

(Bloomberg) -- Leveraged funds have taken their short positions on the New Zealand dollar to a record high, betting that a recent rebound in global oil prices may exacerbate domestic economic pressures.