This newsletter combines our regular property and sharemarket updates. We discuss the latest findings of the ASX Russell Long-Term Investing Report, which show that residential investment property has once again been the best performing asset class over the last 10 and 20 year periods. Interestingly, the share market has not done as well – although this has much to do with the ‘point-to-point’ nature of the 10 and 20-year time periods that were examined.
The financial year that has just ended treated investors well. Average share market returns were around 14% – which will have a flow on impact on superannuation benefits as well as have an obvious impact on direct investors into the equity market. In this edition of our newsletter, we don’t just review the past month of share market returns – we have a look at the last five years. We also discuss an interesting phenomenon in the housing markets around Australia. Finally, we discuss the changes to superannuation taking effect from this week – and show you how they may affect you.
June is usually a busy month for financial advisers and our clients. The financial year ends this month and that means that anything that needs to be done for the 2016/17 tax year needs to be done now. So read on and please do not hesitate to get in touch if there is anything you need help with before the end of June.
April was an unusual month – Sydney house prices went down and took the national average house price down with them. Most people think this is actually good news – and in this month’s newsletter we discuss why that is the case. Have a read and learn a little more about the property market you hear so much about.