Important information - read our COVID-19 vaccination policy here.
Matthew Leong, Portfolio Analyst and Jonathan Bayes, Chief Investment Officer – Partners Wealth Group, wrap up recent market movements and what we can expect this reporting season.
For more information, or to discuss your own personal finances, contact a Partners Wealth Group advisor today on 1800 333 143.
On the local economy, Australian employment data was largely weak as expected, with 138,000 jobs lost and the participation rate continuing to fall. However, there was some underlying strength as full-time employment rose by 26,700.
The banking regulator moved to targeted measures in an effort to cool the housing market by raising the minimum interest rate buffer it expects banks to use when assessing the serviceability of home loan applications from 2.5% to 3%.
Interest in the energy sector has bubbled up in the past couple of weeks due to the reported power shortages in China and the Brent crude oil price recently topping U.S. $80 per barrel. Natural gas, seen as a key transition fuel given much lower carbon em
Markets remained mixed with equities largely weak while bond yields edged higher. The S&P/ASX 200 was flat as the materials sector continues to be a drag as the iron ore price goes into free fall. Conversely, energy was the best performer as oil, gas and
With Sydney and Melbourne enduring another round of prolonged lockdowns, some are potentially calling for a repeat of the boom in consumer spending that we saw after the last round of lengthy lockdowns. That boom has boosted the consumer discretionary sec
Subscribe now to receive news, updates and invitations to upcoming events.