Financial Year Wrap: Catch up with our comprehensive analysis of the 2019/20 financial year

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Mid-Session Report

7 Jul 20, 12:30pm (AEST). The local market is barely hanging onto gains at lunch, with the ASX 200 lifting by 0.05 per cent to 6,017.5. On the open, the local market was up by as much as 1 per cent. PREVIOUS REPORT

Residential property outperforms shares

1 Jul 20. Residential property was a star performer in financial year 2019/20, returning 11.7 per cent.

Year in Review - Year in Preview

1 Jun 20. The financial year is now complete and it is an opportune time to see how economy has performed. 

Consumer confidence hits 8-week low

7 Jul 20. The weekly ANZ-Roy Morgan consumer confidence rating fell by 1 per cent to an 8-week low of 92.1. Sentiment fell for a second successive week.

Aussie car imports hit 10½-year lows

2 Jul 20. The value of motor vehicle imports fell by a whopping 47 per cent to a 10½-year low of $1.165 billion in May.

Vehicle sales are on the road back

3 Jul 20. In June, 110,234 new vehicles were sold, down 6.4 per cent on June 2019. While down on a year ago, the result is the strongest since the COVID-19 crisis began.

Week In Review

6 Jul 20. Over the week the ASX 200 rose by 2.6 per cent and the All Ordinaries rose by 2.5 per cent. In the US, the Dow Jones index rose by 3.2 per cent after falling by 3.3 per cent the prior week. The S&P 500 rose by 4.0 per cent and the NASDAQ rose 4.6 per cent to record highs.

Adelaide & Brisbane petrol prices at $1.40

6 Jul 20. The national average price of unleaded petrol remained unchanged at 119.4 cents a litre but Adelaide and Brisbane unleaded petrol prices are averaging $1.40.

The Week Ahead

3 Jul 20. The Reserve Bank Board meeting is the stand-out event in what shapes to be a relatively quiet week for economic and financial news. Inflation data in focus overseas as Chinese data on consumer and producer prices are released. WATCH VIDEO

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