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SMSFs: Our 'hardest' jobs
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ASIC issues alert over big gaps in SMSF trustee knowledge
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Super savings gap for women stuck at 30%
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Statistics for all Australians
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The power of financial role models
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Assess your retirement financial resources
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Time to check your risk exposure?
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Some general interest stats on SMSFs
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Check trust deed to protect super in estate planning
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Australia by numbers – Update
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Federal Budget 2018 – Overview
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Your Budget
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4 components of our 2018 Federal Budget
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Tools to help you manage your financial position are available on our site.
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New rules capture SMSFs trading big with cryptocurrency
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Common EOFY slip-ups flagged for SMSFs
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Beware residency rules if moving overseas
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99 pct of SMSFs missing global opportunities
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How to plan for a better retirement
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Australia by numbers - Update
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Determine your retirement goals
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ATO issues update on cryptocurrency compliance traps
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How likely is a global trade war?
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Gig economy spike prompts calls for super policy changes
Article archive
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Quarter 2 April - June 2018
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Quarter 1 January - March 2018
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Quarter 4 October - December 2017
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Quarter 3 July - September 2017
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Quarter 2 April - June 2017
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Quarter 1 January - March 2017
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Quarter 4 October - December 2016
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Quarter 3 July - September 2016
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Quarter 2 April - June 2016
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Quarter 1 January - March 2016
Quarter 2 of, 2016 archive
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Making investing a family affair
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Super and divorce: a personal finance issue
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Market Update - May 2016
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ASIC flags SMSF investors in scam risk
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Older, greyer and still working
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Working and contributing to super past 65
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The pitfalls of part-year pensions
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Replenishing SMSF memberships
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Budget will hit 15% of SMSFs
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The insidious side of low interest rates
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Market Update - April 2016
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Budget 2016-17
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Do investment principles stand test of time?
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Estate Planning - early inheritance
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US economy will bend, not break
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A detailed look at the ATO’s new LRBA guidance
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Defying life's blueprint
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ATO continuing lodgement crackdown
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Another twist on the gender savings gap
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Market Update – March 2016
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Going solo
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Age Pension means-test prevents rational decision-making
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Changing times for super collectables
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Preservation Age Rule
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Why investing for retirement isn't just about super
Market Update - April 2016

 

See below for key points and the report itself.

       

Key Points: 

  • The RBA kept the overnight cash rate at 2.00% in April but cut to 1.75% during the May board meeting. 
  • In fixed income, the 3 Month Bank Bill Swap Rate fell by -0.12%, while the 10 Year Australian Bond Yield rose by 0.02 in April.
  • Corporate debt spreads, as measured by the iTraxx Australian Index, fell to 131.76 over the month from the previous reading of 136.28.
  • Australian shares rose further over the month, with the All Ordinaries Index and the S&P/ASX 200 Index increasing by 3.19% and 3.33%, respectively. 
  • Domestic listed property followed the broader market gain, returning 2.76% over the month.
  • Global equities were flat in most regions, with the Hang Seng Hong Kong Index gaining 1.40% to be the best performer, and the TOPIX Japan Index declining by -0.49% to be the worst performer.
  • Global commodity prices continued to bounce over the month, gaining 4.10%, as measured by the US$ CRB Spot Commodity Index. Oil and Iron Ore prices had the largest gains, rising 19.77% and 17.70%, respectively, in US Dollar terms. 
  • The Australian Dollar declined against most currencies in April, falling by -0.03% against the US Dollar, -0.65% against the Euro, -2.08% versus the British Pound and -4.40% against the Japanese Yen.
  • The Australian Trade Weighted Index (TWI) fell by -0.93% over the month, ending April at 63.80.
  • Share market volatility rose both domestically (+1.42%) and in the US (+1.75%).

 

Please click on the following link to gain access to this resource.


Click here to view the 30th April 2016 Market Report



 Source:       Zenith Investment Partners