Grab a coffee and enjoy the read. Here we round out the top five articles of 2025, with number 2 through to 5.

Where to after Hybrids
The bank hybrid market is very large: there’s consistently been between $A35bn and $A40bn on issue for the last five years. This will now run-off over coming years with the regulator telling banks, essentially, that the hybrids will remain in existence, but must be called at the first available opportunity.
Read on.

US Tariffs - Part Two
The reverberations of the tariff war are being felt across the globe, but so far the impacts have been somewhat unequal. This edition we explore the effect of American tariffs on the rest of the world. Read on.

The new Division 296 Tax and how it could impact Bond Portfolios
The Government has proposed changing the Division 296 Tax rules. We look at how this proposed tax reform could impact bond portfolios.Read on.

Achieving a regular income stream from a bond portfolio
Where some asset classes are inflexible with the timing of distribution payments, paying only at maturity or following half-yearly or yearly results, the many different issuance dates of bonds allows for regular payment schedules.Read on.