Personal Wealth Winter 2014
- Investment Markets
- 2014 Federal Budget
A fairly quiet few months in markets except for the situation in Europe where Russia annexed Crimea after a referendum where it is alleged that over 97% of the turnout voted in favour of joining Russia.
The major feature of markets has been a rally in higher yielding sectors with Australian listed property and utilities leading the way, up about 8% in price in the year to date (May 17). Over the same period the Australian 10 year government bond yield has fallen from 4.2% to under 3.8%.