June, 2019 Newsletter

Sunday, June 9, 2019

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.

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