Some of the important facts of the economy of Australia is shown in the infographic below. The top three destinations for Australian exports are China, Japan and the US. The top three exports are Iron Ore, Coal and Education. The presence of the education sector as one of the largest exports is surprising. Though Australian universities are attracting …
The benchmark index of the Australian equity market is the S&P/ASX 200 Index. It measures the performance of the 200 largest stocks listed on the Australian Stock Exchange (ASX) by float-adjusted market capitalization. Since Australia is a commodity-based economy, resources form the largest sector in the index. After natural resources, the highest number of companies …
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The 124 historical returns from 1900 to 2023 of the Australian stock market is shown in the chart below. The average annual return was 13.0%. In addition, for the majority of the years shown Aussie stocks earned a positive return. In 2023, the market had a return of 13%. Click to enlarge -Updated on Jan …
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Australian stocks have rebounded sharply in the past few months as commodity markets have recovered. In terms of equity market performance since the Global Financial Crisis of 2008-09 thru last year, Australian stocks have under-performed the US market as measured by the S&P 500 index as shown in the chart below: Click to enlarge …
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The savings rate in Australia is much higher than the U.S. rate. In the U.S., the Personal Saving Rate stood at just 6.0% as of October, 2016. This rate is the same as the household savings rate in Australia. Click to enlarge U.S. Personal Saving Rate: Source: Federal Reserve of St.Louis In the 60s and 70s, …
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