The Social Finance Think Tank was convened to explore the development of a social finance model for the Summer Foundation’s next housing demonstration project in the Hunter NDIS trial site in NSW. This report summarises the briefing papers provided to the Social Finance Think Tank participants, and documents the ideas, discussion, and conclusions reached by...

The announcement of a partnership between HESTA and SVA with the launch of a $30m Social Impact Investment Trust represents a coming of age for impact investing in Australia. The Trust is the largest Australian impact investing commitment made by a superannuation fund. This article explores why this is a significant moment for the development...

Abstract: We investigate the short-term relation between individual investor trading and stock returns on the Australian Securities Exchange. Stocks heavily bought by individual investors underperform stocks heavily sold over the subsequent three days, with respective returns on to a long-short portfolio of -93, -67 and -12 basis points on days one, two, and three. Individuals...

In this Analysis, Lowy Institute Research Fellow Tristram Sainsbury examines the evolving global economic leadership roles of the United States and China. Key findings The rise of the Chinese economy means that China and the United States must share a role, although not necessarily an equal one, in shaping global economic rules. The United States...

We combine survey data from retirement plan members with information from interviews with plan executives to get both perspectives on who accepts the default plan and default investment option and why. We use a natural experiment in default construction where a new regulatory framework required providers to have stipulated default settings in place by early...