Jun 19, 2026 – 9.05amAs the IPO of SpaceX set off one of the biggest single wealth creation events in living memory on Wall Street, Australian investors could have been forgiven for feeling jealous – and stuck.While investing offshore is easier than ever – as the 28,000 investors who swamped CommSec trying to secure SpaceX shares could tell you – Australians have long had a bias to their home market. And it’s costing them.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
‘Head fakes’ leave Australia and investors facing (another) lost year
The RBA may not be done with rate rises, and a very long slowdown looms. It’s bad news for investors who face the prospect of more paltry returns from the ASX.









