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 June quarter was marked by resilience and recovery in global financial markets, despite a volatile backdrop shaped by shifting trade policies, persistent inflation and geopolitical tensions. After a turbulent start driven by new US tariffs and escalating conflict in the Middle East, markets rebounded strongly as optimism returned on the back of tariff implementation delays and some trade truces, robust corporate earnings and a dose of central bank hope.
As we have reached the end of another financial year, we wanted to send a reminder about income distributions.
The Australian equity market started the year with great gusto with key economic metrics broadly supporting the market. This swiftly turned in February and the local bourse continued to fall throughout the remainder of the quarter. The slide was largely due to the uncertainty over US President Trump's tariffs. Fear and speculation finally became reality as the index began its steep decent in early February, falling circa -10.3%; an official correction and potentially heading towards bear territory and global recession. The Australian market reacted sharply and negatively to the Trump tariffs during the March quarter and overall experienced its steepest losses since the onset of the COVID-19 pandemic. The Australian equity market ended the quarter down (-2.8%).