Friday Tidbit

Last December, we wrote about the surge in global grid investment driven in part by AI data centres. The picture that has emerged since is even larger than the headline numbers suggested. ARK Invest’s recently released Big Ideas 2026 report puts a figure on it. To meet projected global electricity demand by 2030, cumulative global

A new report from ARK Invest, Big Ideas 2026, makes a striking case that the world is entering one of the largest technology investment cycles in modern history. Looking back across 170 years of capital expenditure data, from the railroads of the 1860s to electrification, cars, computers and the software boom, ARK shows that each

The AI productivity revolution has a new poster child. Matthew Gallagher’s AI-powered company, Medvi, a telehealth provider of GLP-1 weight-loss drugs, last year reported annual revenue of US$401 million. This year the company is on track to reach $1.8 billion in sales. And the real surprise? Gallagher’s only employee is his younger brother Elliot. It’s

The Federal Government last night handed down its 2026 Budget, with the largest reforms since the Howard era. With the Iraq war and ongoing fuel crisis causing uncertainty across markets and a focus on ‘intergenerational fairness’, there are some key changes for investors. The Budget, if it moves forward into legislation, will see scaled-back tax

As widely expected, the Reserve Bank of Australia raised the official cash rate at its meeting on Tuesday, increasing it by 25 points to 4.35%. It’s the third consecutive hike this year, completely reversing last year’s cuts. Inflation remains above the RBA target of 2–3%, with headline inflation reaching 4.6% for the 12 months to

The deadline for EOFY super co-contributions is approaching. Designed to help individuals save for retirement within superannuation, the scheme allows you to make either concessional or non-concessional contributions. Voluntary contributions effectively allow you to reduce your taxable income and potentially lower your marginal tax. If you have a child at university or partner working part

The federal government is considering changes to current capital gains tax (CGT), according to media reports. Introduced in 1985, the CGT, which treats investment gains as taxable income, was initially tied to inflation. It applies when assets held for at least 12 months are sold and levied on the amount the asset has increased in

The latest MSCI AC World Index is in, with some startling results. The data tracks five-year cumulative returns across global markets, which is the total growth over five years assuming reinvestments of dividends and capital gains. While there was overall strong performance across global equities, of note were individual market results. Several international markets outperformed

With the current Middle East conflict, accelerating oil prices and Donald Trump’s ongoing tariff war, clients continue to ask about the probability of a global recession. According to the latest Worldwide Recession Probability data from Franklin Templeton, Australia has a recession probability of 10%, a surprisingly low figure that is also down from last year’s

Kevin Stevens, a client of Newealth since 2002 is fundraising for a fantastic cause to support young athletes on the NSW Mid North Coast. Six years ago, Southern United Football Club (SUFC) was established in Forster to provide a centre for young footballers to train, play and compete against the best in the Newcastle Football