The end of the election uncertainty and the investor-friendly policies of the Coalition produced a relief rally on financial markets in May. The Australian dollar bounced back above US69c after falling to three-year lows the day before the election, but still finished the month down 1 per cent. Local shares surged to an 11-year high before losing some of their gains to finish up 1 per cent for the month.
Download June, 2019 Newsletter
May is here, and as the weather begins to cool the political climate is heating up. The federal election on May 18 bookends a busy period on the national political and economic front which began with the Budget on 2 April.
Growing concerns about a slowdown in global economic growth preoccupied financial markets in March. The US Federal Reserve now forecasts no rate rises in 2019 instead of the two it previously planned. US 10-year government bond yields fell below 3-month yields on the news. This 'inverted' yield curve is viewed by markets as an historical predictor of recessions.
Download April, 2019 Newsletter
After one of the hottest summers on record, many Australians will welcome Autumn and the opportunity to be more active outdoors and perhaps get busy in the garden. There will be no let-up in the heat on the political and economic front though, with the Budget and a Federal election looming.
Download March, 2019 Newsletter
February is here and hopefully an end to January's record-breaking heat across the country. There has also been a lot of heat on the global economic stage. The US shutdown may have ended but the trade war between the US and China continues
Download February, 2019 Newsletter
Happy New Year to all our valued clients! Whether you are still relaxing on your summer break or back at work, we wish you and your families a happy and prosperous 2019
Download January, 2019 Newsletter
