Market commentary

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…

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…

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…

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 increases applying pressure disproportionately across the Australian economy.

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 that will be coming off fixed rates that will now be at a higher rate which will result in some constriction in the economy with households having to meet these higher interest rates

FirstWrap commentary – March 2023 Quarter During the quarter the RBA increased the cash rate another 2 times by 0.25% each time. This was the 10 consecutive rate increase from the RBA taking the cash rate to 3.6%. The April…

March Quarter in Review The ASX200 rose 1.98% closing at 7,178 for the March quarter. Interest rates remain a key focus in markets with the RBA pausing after a range of indicators suggest inflation may have peaked following ten consecutive…

MARKET COMMENTARY – December 2022 2022 Year in Review The ASX200 recorded a fall of 5.45% for the year closing at 7,039. The bear market was characterised by frequent hopeful rallies on any sign of changing prospects or sentiment. The…

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….

Please find attached your Colonial First State FirstWrap Superannuation quarterly report. The following information is contained within the report: Portfolio Valuation as at 30th September 2022 Portfolio Return for the quarter to 30th September 2022 (Gross of fees, taxes and…

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…

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…