Whilst the most recent media attention was around the election where we saw a new Prime Minister come in to power, last month was also pretty active in the financial markets. As expected there is always a natural slow down immediately before an election as business desires certainty of what will be happening in the future. The ongoing volatility in share markets has continued with strong growth in the Aussie shares, and commodity prices, a fall in international markets and the Aussie dollar continuing its slide against the US dollar. Uncertainty caused by the political situation in Egypt and Syria are impacting commodity prices and the public views from the Federal Reserve in the US are having an impact on international markets and the weakness in the Aussie dollar. A lot of these factors I would expect to continue for the coming months which could impact short term returns but the markets in Australia and internationally have had quite a strong year so far.
On a personal note, I managed to run the Sydney Oxfam Trailwalker at the end of last month. Our team managed to finish 8th overall in a time of just under 16 hours for the 100km event. We did manage to raise about $4500 for Oxfam doing this, so ultimately a success!
September I attended Guardian’s National conference in Vietnam. This was a very intense week in Hanoi which impressed me greatly with the calibre and diversity of the speakers/workshops.
Please let me know if you would like to me to expand on any of these points; if anything has changed in your situation; and or if you have any questions.