2021-22 saw poor investment returns – the bad news and the good

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Key points 2021-22 was a rough year for investors as high inflation, rising interest rates and recession fears impacted. Shares could still fall further as interest rates continue to rise and recession risks are high. However, inflation pressures are showing some signs of easing which may take pressure off central banks from later this year.... Read more continue reading

Total property listings fall in June

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Key points National residential property listings fell in June 2022 by 1% to 221,572 from 223,859 in May. Compared to 12 months ago, listings dropped 6.2%. Nationally, new listings (Less than 30 days) fell 5.4% over June, with 70,885 new properties added onto the market. New listings are down 2.1% over the year. Old listings... Read more continue reading

Weekly economic and market update – week ending 1 July, 2022

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Investment markets and key developments Recession fears dominated over the last week pushing US, European and Japanese shares down, although Chinese shares (having already had a 35% bear market) rose. Australian shares were little changed with gains in utilities, energy and industrials offset by falls in property, IT and telco shares. Recession fears also pushed... Read more continue reading

Year in Review. Year in Preview

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Year in Review 2021/22 – Year in Preview 2022/23 Now that the 2021/22 financial year is over, it is an opportune time to reflect on the past year and look ahead to 2022/2023. Every year has its challenges but the past 12 months has been especially taxing. And a war analogy is especially apt. Across... Read more continue reading

Australia’s Achilles’ heel – high household debt and rising interest rates…it’s not as bad as it looks, but it’s still an issue

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Key points Australian household debt has risen dramatically since the 1980s and is high compared to other countries. The rise is not as bad as it looks because it’s been matched by rising wealth and debt servicing problems are low. However, this will likely change as interest rates rise further & if dwelling prices fall... Read more continue reading

Regional Aussie petrol prices hit record high   

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Weekly oil market update According to the Australian Institute of Petroleum, the national average unleaded petrol price rose by 6.4 cents to 211.9 cents a litre (c/l) last week, the second highest level on record (data since 2004). Average weekly pump prices hit record highs in Brisbane (219.3c/l), Canberra (220.1c/l) and Sydney (216.4c/l). And the... Read more continue reading

Weekly economic and market update – week ending 24 June, 2022

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Investment markets and key developments Share markets managed to stabilise and, in most major markets, bounce from oversold levels over the last week as there were no new hawkish surprises from central banks and weak economic data saw bond yields fall taking pressure of share market valuations despite increasing worries about recession. For the week... Read more continue reading

Record regional Aussie job vacancies

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Skilled job vacancies The Internet Vacancy Index (IVI) from the National Skills Commission rose by 0.9 per cent in May (or by 2,754 available positions) to a 14-year high (highest since June 2008) of 298,375 available positions. Recruitment activity was up by 25.7 per cent (or 61,045 ads) in May on a year ago and... Read more continue reading

The plunge in shares and flow on to super – key things for investors to keep in mind during times of investment market turmoil

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Key points Share markets have fallen sharply in recent weeks continuing the plunge that started early this year due to worries about inflation, monetary tightening, recession & geopolitical issues including the invasion of Ukraine. It’s still too early to say markets have bottomed. This will weigh on super returns for this financial year. Key things... Read more continue reading

Year in review, year in preview

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Year in review 2021/22, year in preview 2022/23 With a few days to go in the 2021/22 financial year, it is an opportune time to reflect on the past year and look ahead to 2022/2023. Every year has its challenges but the past 12 months has been especially taxing. And a war analogy is especially... Read more continue reading