The US election had earlier dominated attention. Donald Trump’s reluctance to
concede diverted attention from possible policy changes under the new Biden administration, but this will likely become an increasing focus for investors in the months ahead.
Credit spreads narrowed sharply, both in Australia and overseas. This reflected optimism around the vaccines and a potential return to
‘normality’ in 2020, and supported returns from corporate bonds domestically and internationally.
In this issue we cover Australia's aging populations and what that means for your retirement planning
Australian shares started the FY22 year with solid gains. Bond yields fell sharply, resulting in favourable returns from fixed income markets too.
Economic indicators have been generally positive recently, although the implementation of various lockdown restrictions nationwide are clouding the outlook.