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Quarter 4 of 2006
Articles
Super changes: Too good to be true
Where school ends debt begins
Why super is a race against time.
Down on the farm real lessons grow for share investors.
Why hot markets divide investors from speculators.
Market Notes – October 2006
Market Update - General - October 2006
Investment Markets Data - To 31st Octobert 06.
Merry Christmas, a Happy New Year and a Prosperous 2007 to you all.
Australian Homes Underinsured
The question of a pension.
New super rules update.
Market Notes - September 2006
Market Update - General - September 2006
Investment Markets Data - To 30th Sept 06.
Investment Markets Data - To 31st Octobert 06.
.

Economic Indicators.

Economic GrowthQuarterYear
Australian GDP0.3% (June 06)1.9% (to June 06)
U.S. GDP (annualised)1.6% (Sept 06)2.9% (to Sept 06)
Inflation
Australian CPI0.9% (Sept 06)3.9% (Sept 06)
U.S. CPI---2.1% (Sept 06)
Unemployment
Australian Unemployment Rate---4.8% (Sept 06)
U.S. Unemployment Rate---4.4% (Oct 06)
Official Interest Ratesat 30th October 06at 31st September 06
RBA cash rate6.006.00
US Federal Funds Rate5.255.25
10 Year Bond Rates
Australian Interest Rates - 10 year bond yield5.665.51
U.S. Interest Rates - 10 year bond yield4.604.63
Exchange Rates
$A/$USD Exchange Rate0.77390.7463
$A/$EUR Exchange Rate0.60630.5891
$A/$GBP Exchange Rate0.40570.3995
$A/$JPY Exchange Rate90.660488.1062


Investment market performance to 31 October 2006

Asset class

Index

1 mth %

3 mths %

6 mths %

1 yr % pa

2 yr % pa

3 yr % pa

5 yr % pa

Australian cash

UBSA bank bill index

0.5

1.5

3.0

5.9

5.8

5.7

5.3

Australian fixed interest

UBSA composite bond index

-0.2

1.7

2.4

4.4

4.8

5.6

5.0

International fixed interest

Lehman global aggregate (hedged)

0.6

3.0

4.6

5.5

6.0

7.1

7.2

Australian property

S&P/ASX 300 property trust accum index

0.9

8.8

16.8

29.1

20.4

23.2

17.0

International property

UBS global investors index ($A hedged)

4.6

11.1

16.9

N/a

N/a

N/a

N/a

Australian share

S&P/ASX 300 accum index

4.7

9.6

4.8

26.3

24.5

23.2

15.4

International share (unhedged)

MSCI world ex Australia ($A unhedged)

-0.1

6.5

2.5

16.9

15.0

12.4

1.1

International share (hedged)

MSCI world ex Australia ($A hedged)

3.1

8.1

4.9

20.7

19.9

17.7

10.4

International smaller companies

S&P / Citigroup World <US$1.5bn cap ($A unhedged net div)

0.8

6.4

-4.5

N/a

N/a

N/a

N/a

Global emerging markets

MSCI EM in $A (div reinvested)

1.0

7.3

-3.8

30.3

32.0

25.4

17.6



 

Important information

The information contained in this publication is current at the date of issue and may change over time. This publication has been prepared to provide you with general information only. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. In preparing this information we did not take into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision you need to consider (with or without the assistance of an adviser) whether this information is appropriate to your needs, objectives and circumstances.

 

 



20th-November-2006