Tim Hext

Hedge Funds

New Waratah bonds target SMSF investors

The New South Wales Government wants to enter the annuity market by selling new capital-guaranteed debt securities, known as Waratah Annuity Bonds, to wealthy retail investors. The bonds, issued by government debt agency NSW Treasury Corporation (TCorp) to raise capital for infrastructure projects, will provide investors with monthly payments that rise with inflation. Each payment […]