2022-23 Investment returns rebound

 

Please click the link below to view Shane Oliver's summary of investment returns for the 2022-23 financial year.

Key points raised are :

  • After the rough ride of 2021-22, 2022-23 turned out to be a good one for investors as shares rebounded thanks to falling inflation and hopes interest rates are near the top
  • Shares are at risk of a pull back as central banks remain hawkish and recession risks are high.
  • However returns over the next 12 months should still be reasonable as falling inflation takes pressure of central banks
  • The past financial year provides yet another reminder of just how hard it is to time investment markets - with shares rebounding just when everyone was most gloomy about inflation and interest rates.
  • The key as always is to adopt a long-term investment strategy and turn down the noise.