April 29, 2021

ASX set for seventh month of straight gains

Mixed day but higher finish, new highs for stalwarts, Woolworths disappoints The ASX200 (ASX:XJO) managed another small gain, adding 0.3%, powered ahead by the technology sector; Afterpay (ASX”APT) and Zip Co (ASX:Z1P) adding 3.5% and 2.5% respectively. With half the sectors down, it was the consumer

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Planning body offers guidance on file notes

The Financial Planning Association (FPA) this week released guidance on best-practice approaches to file note records to support more transparent and detailed record-keeping. The changes come in response to consumer complaints that highlighted gaps in records as part of subsequent

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Equity funds back in vogue

Australian investors put more money into traditional equity funds in February and March than they did in the whole of 2019, prior to the impact of covid-19. A new index shows Australians also had more conviction. According to figures from

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Searching for nirvana

One of the (many) headaches of the current financial market setup is the lack of return on cash or term deposits that can hold onto the real value of money. This is a modest but important ask. Many investors want

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Global value leads the way in March, chart toppers rotate

The first quarter of 2021 saw renewed confidence in global equity markets supported by positive developments in the fight against coronavirus together with better-than-expected economic data. Fiscal stimulus and vaccine rollout have far exceeded expectations causing equity markets to overcome

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