Background
Papers
Budgets & Bonds
When it comes to influencing the growth rate of an economy,
governments have only one tool in their war chest...
Download Background Paper No 8
(Budgets and Bonds) here .
Listed Unlisted debate revisited
The valuation of unlisted assets held by super funds has
again come under media scrutiny. A number of recent articles in the
business press have kept the debate...
Download Background Paper No 7
here .
Liquidity
In March 2008 a paper by APRA titled "Liquidity, Licensing and
Super Funds: what's on APRA's agenda?" outlined some of the
liquidity issues that funds may face...
Download Background Paper No 6
(Report on Liquidity) here .
CPRS - Green to White
AIST and ACSI lodged a joint submission on the Government's
proposed Carbon Pollution Reduction Scheme (CPRS) on 10 September
2008, in response to the Green Paper, released in July 2008. While
broadly supportive of the proposed Scheme, our submission argued
that more needed to be done in terms of supportive measures to
transition to the new carbon constrained economy.
Download
Background Paper No 5 (Report on CPRS - Green to White) here .
Report on Financial Crisis
The recent turmoil in the financial markets has everyone seeking
to quantify the impacts. This paper attempts to explain in simple
terms the nature of the crisis, details the evolution of the credit
crisis, assesses its implications on fund returns and explores the
probable impacts of slowing economic growth on the liquidity of the
superannuation system.
Download Background Paper No 4
(Report on Financial Crisis) here .
Listed versus Unlisted Asset debate
There has been talk that the unlisted sector is lagging
its listed peers in terms of moving to factor in higher
capitalisation rates...
Download Background Paper No 3
(Listed versus Unlisted Asset Debate) here .
Securities Lending and Short Selling
Securities lending and short selling are two issues which have
featured prominently in the media over recent months. While
securities lending and short selling are often referred to as
different components of a single issue, they are in fact quite
separate, and trustees can engage in either without necessarily
engaging in the other.
Download Background Paper No 2
(Securities Lending and Short Selling) here .
Instalment Warrants and Self managed Super Funds
Instalment Warrants and SMSFs have received significant
media coverage recently. This paper explains how instalment
warrants works, and investigates the risks and benefits.
Download Background Paper No 1
(Instalment Warrants and Self Managed Super Funds) here .