MARKET COMMENTARY – June 2024

Jun 30, 2024

June 2024 Quarter in Review

In the June quarter the ASX200 run faltered recording a fall of 129 points or 1.6% closing at 7,768. The market traded sideways over the volatile period fluctuating within a 400-point range as the market seeks greater certainty. The Reserve Bank (RBA) held rates at 4.35

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MARKET COMMENTARY – March 2024

Mar 31, 2024

March 2024 Quarter in Review

The March quarter saw the ASX200 close 306 points higher at 7,897 points, a 4% increase, extending the market run since November 2023. The Reserve Bank (RBA) held rates at 4.35% stating inflation control is the highest priority. While inflation is slowly returning to t

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FirstWrap commentary – March 2024

Mar 31, 2024

FirstWrap commentary – 31st March 2024

The March quarter saw the ASX200 close 306 points higher at 7,897 points, a 4% increase, extending the market run since November 2023. The Reserve Bank (RBA) held rates at 4.35% stating inflation control is the highest priority. While inflation i

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FirstWrap commentary – 31st December 2023

Dec 31, 2023

FirstWrap commentary – 31st December 2023

The ASX200 closed 553 points higher, a 7.27% increase for the December quarter. With December alone accounting for the bulk of the increase of 515 points. The Reserve Bank (RBA) raised interest rates again in November to 4.35% conceding Austra

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MARKET COMMENTARY – December 2023

Dec 31, 2023

December Quarter in Review

The ASX200 closed 553 points higher, a 7.27% increase for the December quarter. With December alone accounting for the bulk of the increase of 515 points. The Reserve Bank (RBA) raised interest rates again in November to 4.35% conceding Australian inflation has peaked bu

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Dubber Update – October 2023

Oct 23, 2023

Dubber recently conducted an investor day, where they demonstrated their product and showcased use cases of real customers. Both Cisco and BT (British Telecom) feature in the demonstration and highlight their confidence in the uniqueness of the Dubber product having embedded the software as a core offering in their networks and point of difference from competitors. The pre

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FirstWrap commentary – Sept 2023 Quarter

Sep 30, 2023

The ASX200 closed 154 points lower falling 2.15% for the September quarter. The new Reserve Bank Governor, Michele Bullock, began her seven-year term in September. Governor Bullock in her first board meeting reiterated the bank’s commitment to do what is necessary to reduce inflation to       2-3% p.a. The August monthly inflation indicator continued trending lower

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MARKET COMMENTARY – September 2023

Sep 30, 2023

September Quarter in Review

The ASX200 closed 154 points lower falling 2.15% for the September quarter. The new Reserve Bank Governor, Michele Bullock, began her seven-year term in September. Governor Bullock in her first board meeting reiterated the bank’s commitment to do what is necessary to

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MARKET COMMENTARY – June 2023

Jun 30, 2023

June 2023 Quarter in Review

The ASX200 closed relatively flat for the quarter increasing 25 points or 0.36% to 7,203 for the June quarter. Interest rates remain a key focus for markets, with the Reserve Bank of Australia (RBA) announcing its second pause in interest rates after twelve rate increas

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FirstWrap Commentary – June 2023 Quarter

Jun 30, 2023

FirstWrap commentary – June 2023 Quarter

During the quarter the RBA increased the cash rate another 2 times by 0.25% in May and June. This took the RBA cash rate to 4.1%. Inflation remains a concern and will take some time to ease. Over the next 3 to 6 months there will be over 800,000 mortgages

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