In relation to the outbreak of the Coronavirus, we have introduced an infection control measure with the aim of keeping staff and clients safe.
Of course, we want to remain available to all clients, especially during periods of market volatility and this includes having face to face meetings where preferred. However, where possible we have moved meetings to be held via phone or skype/video. Several clients have actually preferred this as they do not need to travel into the city and use public transport.
Where an in-person meeting is preferred, we have provided hand sanitiser gel at reception and will ask all visitors to our office to use this gel upon entry.
If you have an appointment and have recently returned from travel (within the last 2 weeks) or feel unwell, we ask that you not attend our office. We will endeavour to re-arrange the meeting via phone, skype/video, or defer until you are well again.
We have asked our staff to take the same approach. If staff feel unwell, we have asked them not to attend the office. Any staff that are travelling overseas will be self-quarantined and working from home for a period of 2 weeks from their return date. We will wash our hands between every client meeting.
We have also increased the frequency of wiping down various surfaces in the office including door handles, tables, chairs, and the reception counter in order to sanitise all passive surfaces. We will refrain from shaking your hand on entry and ask that you do the same.
We hope these measures will ensure our office is a safe place to work or visit. We will update you should any of these measures change.
Thanks for your understanding,
From the Financial Keys team.
As we have reached the end of another financial year, we wanted to send a reminder about income distributions.
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%.
The Australian equity market (as measured by the S&P/ASX 200) started the December quarter the same way the September quarter ended, with a sea of red as stubbornly high inflation and rising bond yields placed pressure on current and forward-looking company earnings. November and December came roaring back as positive inflation data (i.e. lower inflation numbers) and sudden falls in bond yields created an air of optimism and the potential end of central bank tightening. The share market closed at near record highs.