With all the changes we are witnessing to our own working and living arrangements, as well as those of our family and friends, we wanted to take this opportunity to provide an update. The Financial Keys team are currently working from home to do our part in reducing the amount of people travelling to and from the city. It is, however, business as usual, and we maintain the same capabilities as we have in the office.
With all the changes we are witnessing to our own working and living arrangements, as well as those of our family and friends, we wanted to take this opportunity to provide an update. The Financial Keys team are currently working from home to do our part in reducing the amount of people travelling to and from the city. It is, however, business as usual, and we maintain the same capabilities as we have in the office.
Due to the extreme pressure on Australia’s telecommunication services at the moment, caused by the volume of people accessing internet and other facilities from home for work and school tasks, a number of offices and homes around the country are experiencing issues with internet and phones. While we have forwarded our office landline (02 92 333 888) to our office mobile (0421 731 813), if you experience any difficulty calling us, we recommend you call our office mobile directly (0421 731 813) which is answered by our receptionist, Ash.
Please don’t hesitate to contact us if you have any questions or require any assistance.
The Australian equity market (as measured by the S&P/ASX 200) started the year off much like the previous finished, although most of the steam had been taken out of the rally with January producing a solid +1.20% return. February was much more muted with the uncertainty of an imminent reporting season hanging over the market however with better-than-expected results, coupled with softer-than-expected domestic inflation data, March provided some highlights as Australian shares hit new record highs. The quarter ended on a high with March producing +3.27% closing the quarter off with an attractive +5.53%.
2023 made for another very interesting year in investment markets as macro / regime driven events resulted in extreme shifts in investor sentiment on an almost monthly basis. Investors chose to shoot first and ask questions later in what can best be described as a year of maximum noise.
The Australian equity market (as measured by the S&P/ASX 200) started the September quarter with a flurry but ended up in the red as the global “higher-for-longer” narrative (interest rates) coupled with the ever-increasing cost of living concerns caused consumer confidence to wane.