(Reading time: 6 - 11 minutes)
Key points
- While we saw a long list of worries over the last year, 2025-26 saw another financial year of strong returns.
Economy
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Economy
General Econonic Outlook
(Reading time: 6 - 12 minutes)
Key points
- The War with Iran has led to a surge in oil prices & worries of stagflation, which has pushed share markets sharply lower.
(Reading time: 6 - 11 minutes)
Key points
- Overthe long-term Australian shares have been a relatively strong performer, but it does go through relatively long periods of out and underperformance versus global shares.
(Reading time: 6 - 11 minutes)
Key points
- Cyclical fluctuations are a key aspect of investment markets. Most are driven by economic developments but get magnified by swings in investor sentiment.
(Reading time: 6 - 12 minutes)
Key points
- Australia has had a housing undersupply problem since the mid 2000’s, helping to continually push up home prices and being one of the main drivers of the “affordability” problem.
(Reading time: 6 - 11 minutes)
Key points
- Share markets have fallen sharply in recent weeks asuncertainty around US President Trump’s policies have led to renewed concerns about the risk of recession at a time when share market valuations were stretched.
(Reading time: 7 - 13 minutes)
Key points
- The key themes for 2024 were: better than feared growth;global divergence; more disinflation; falling interest ratesbut with Australia lagging; and more geopolitical threats butnot as bad as feared. As in 2023, returns were strong.
(Reading time: 6 - 12 minutes)
Key points
- Many of the mistakes investors make are based on commonsense rules of thumb that turn out to be wrong.
- As a result, it’s often wise for investors to turn common sense logic on its head.