Federal Budget 2022

With the Federal Budget being released last night we have prepared this update to provide you with the highlights.  The Treasurer Josh Frydenberg has delivered his fourth Federal Budget overnight.  Being a Pre Election Budget it should be noted that some of these...

Magellan Global Fund

Given recent media coverage regarding Magellan and its Chairman and Chief Investment Officer Hamish Douglass, we are writing to provide you with an update on these events. As you may have already read, Hamish Douglass is taking a medical leave of absence from his...

Federal Budget 2021

With the Federal Budget being released last night we have prepared this update to provide you with the highlights.  This budget (a continuation from the October one last year) had a continued focus on spending and economic recovery from the “pandemic”....

Federal Budget 2020

With the Federal Budget being released five months later than usual last night, and with a deficit position aimed at bringing Australia through the recession and COVID times we find ourselves in.   This is the second Federal Budget of Treasurer Josh Frydenberg...