Australian bank stocks have had a great run this year. Among the Big 4, Commonwealth Bank has been the stand out with its stock up by 42% in the domestic market excluding dividends. Since reaching the peak the stock has fallen slightly and closed yesterday with a return of about 40% YTD. It should be …
Continue reading ‘Comparing the Returns of Big Four Australian Bank Stocks’ »
I have written about historical annual returns of the Australian equity markets a few times before. Recently I came across a chart showing the nominal total returns of Australian stocks from 1900 to 2023. According to this chart, the Arithmetic Mean Nominal Total Return was 11.7% per year which is very good. In the past …
Continue reading ‘Australian Stocks – Nominal Total Returns from 1900 to 2023: Chart’ »
The Australian stock market as measured by the The ASX All Ords index has returned 13% per year for the duration from 1900 to 2023 according to the updated chart from ASX. This return indicates total return which includes dividends reinvested. Of course, no investor invests for such a long term. However the key point …
Iron ore is one of the most important minerals in the world. Recently I learned that Australia ranks as the number one country for iron ore resources ahead of Brazil and Russia. According to one estimate, Australia has 29% of the world’s economic resource of iron followed and Brazil and Russia have 18% and 14% …
The housing market in Australia is one of the most expensive in the world. High prices never seem to slow down or decline. Though the country is large much of the population is concentrated on a few coastal cities. One of the factors that was always suspected but hardly discussed in the media is the …
Continue reading ‘Dr. Shane Oliver: Why Australian Immigration Should be Lower’ »