Please click the link below to view Shane Oliver's commentary on investment returns for the 2021-22 financial years.

Key points raised are:

• 2021-22 was a rough year for investors as high inflation, rising interest rates and recession fears impacted
• Shares could still fall further as interest rates continue to rise and recession risks are high.
• However inflation pressures are showing some signs of easing which may take pressure off central banks from later this year.

Some key things for investors to keep in mind are 

• Share pullbacks are healthy and normal
• Selling shares after a fall locks in a loss
• Share pullbacks provide opportunities for investors to buy more cheaply
• Avoid getting thrown off a long-term investment strategy, it's better to turn down the noise