FirstWrap commentary – December 2022 Quarter
The Australian market had a strong quarter with the market finishing up 8.72% for the quarter but down -6.32% for the calendar year. The RBA continued to raise interest rates attempting to control inflation. The Reserve Bank of Australia interest rate
Please find attached your Colonial First State FirstWrap Superannuation quarterly report. The following information is contained within the report:
September Quarter Review
Amongst a fluctuating economic outlook, the Australian market fell 1.43% in the September quarter to close at 6,474, as global Central Banks raise interest rates. The US Federal Reserve has increased interest rates 3% this year. The Reserve Bank of Australia (RBA) has comp
June Quarter Review
Financial markets fell in the June quarter reacting to the Russian invasion of Ukraine and subsequent re-emergence of inflation. Central Banks around the world have countered generating the first of many interest rate increases. The Reserve Bank of Australia (RBA) made its firs
Last week Dubber released its quarterly update communicating their performance for third quarter financial year 2022 (Q3FY2022). Now, let’s review the key performance statistics Q3FY2022:
Yesterday WZR released its quarterly update conveying current information on the business performance for quarter 3 of financial year 2022 (Q3FY22). As we review the performance metrics for WZR it is important to know how WZR makes money. Simply put WZR makes money by borrowing at one rate and lending those funds at a higher rate. With this in mind we review the key perfor
The March quarter has been another volatile quarter. The Australian market and global markets having to contend with several issues that had major impacts on the economy and investment conditions. Among these were weakness in the technology sector, the continued Covid impact and then the Russia invasion of the Ukraine. The ASX started the quarter at 7,594 and has only just
March Quarter Review
The March quarter brought the return of Geopolitical risk consequently enhancing inflation concerns for investors. The Russian invasion of the Ukraine prompted an ASX200 selloff of 11.3% from peak to trough, before closing higher by 55 points or less than 0.01% for the quarter
December Quarter Review
The December quarter largely traded sideways until a late Christmas rally again challenged record ASX200 highs closing 1.53% higher at 7,445 for the period. The quarter and year have been and will continue to be dominated by pandemic events for some time to come. Central Ba
September Quarter Review
The September quarter paused the strong ASX200 rally which again set a record high of 7,633 before softening to close 0.2% higher at 7,332 for the period. The prevailing low interest rates supporting higher asset prices appears to have reached a zenith. The Quarter brought