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Research · General information only

Research library

Volt's research desk reviewed 214 pieces this quarter · published 12 · every piece carries its provenance

Featured this week

Private creditSourced · High confidence

Private credit at mid-cycle: why senior secured still earns its place

First-ranking security, conservative loan-to-value discipline and monthly income have kept senior secured notes resilient through the rate cycle. We examine how a first-mortgage book is actually built – and the three questions to ask of any register before an expression of interest.

06/07/2026 · 9 min read · Volt Research Desk

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The library

GoldSourced · High confidence

Allocated gold in an SMSF: custody, audit and the sole-purpose test

What "allocated" actually means, why bar serials matter at audit time, and how vault custody sits inside a compliant fund.

02/07/2026 · 7 min read

MarketsDesk view · Medium confidence

ASX 200 earnings season preview: what FY26 guidance is really saying

Consensus has drifted higher into August. We read the guidance language across four sectors and flag where the market may be ahead of the numbers.

30/06/2026 · 8 min read

VenturesSourced · High confidence

Pre-IPO secondaries: pricing discipline when the register is crowded

Secondary tranches can trade rich against the last primary round. A framework for reading the gap – and when patience is the position.

26/06/2026 · 6 min read

RegulationSourced · High confidence

s708 wholesale certificates: the two-year clock and what resets it

Accountant's certificates expire. What the two-year window covers, how entity changes affect it, and why verifying once should still persist everywhere.

22/06/2026 · 5 min read

Private creditModel-assisted · Reviewed

Reading an LVR: cap, weighted average and what sits between

A 65% cap and a 58.7% weighted average tell two different stories. How to read the spread between them across an underlying loan book.

18/06/2026 · 6 min read

MarketsDesk view · Medium confidence

AUD gold above A$168/g: drivers, hedges and the ETF spread

Currency has done as much work as the metal. Where the AUD spot sits against history, and why listed gold trades at a small discount to physical.

12/06/2026 · 7 min read

How to read the chips

Sourced · High confidence
Desk view · Medium confidence
Model-assisted · Reviewed

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