Over the past year your portfolio has been changed to have exposure to investments which we believe will assist with recovery of value over the next few years.

The June quarter has seen much of the hard work eroded as a consequence of the continued volatility and debt issues from Europe and uncertainty due to the Federal Government rushing to lead the world wi

The quarter has been one of two distinct periods with the Australian sharemarket making a high of 5032 on 17 February 2011 and within four weeks making a low of 4560 on 17 March 2011.

During the quarter the volatility maybe attributed directly to outside events, namely the earthquakes and the tsunami in Japan, that crippled the nuclear power station, and the r

The ASX All Ordinaries Index is continuing on its recovery path. The index has increased by about 4.5% for the period.

The performance is encouraging but still the Australian Share Market continues to underperform the S&P 500 and the major European markets.

The themes outlined in the October commentary and are not disappearing, briefly, those themes wer

It’s been a long, albeit, slow recovery with the ASX All Ordinaries October quarter closing up 6% at 4852. While it’s definitely a step in the right direction, the recovery isn’t matching the levels experienced back in March this year.

Six months ago Australia was in a strong trade position. Exports were healthy and our growth was looking good com