Q4 2023 Review – Market Resilience Continues
An extraordinary year of strong employment, higher inflation and surging interest rates added to cost of living pressures that slowed household spending. Research from SuperRatings showed that average balanced funds delivered returns of 8.5% last year (above 7.1% long term average) as domestic and international equities drove those gains. In Australia, the S&P/ASX200 Index delivered gains of 10% for the year or in Accumulation terms (accounting for dividends) returns of around 15%, which was well above its 30‑year average of 9.8%…. Continue through to the full report here.
