During the month, the ASX dropped about 3.7%, versus a relatively flat performance from the US S&P500. The main reason for the underperformance is the composition of the domestic market. The Australian market has roughly one-third of its weight in financials, and higher rates and government policies are limiting growth in mortgage and business lending. […]
September 2026 Insights Read More »
The Australian market has finished the month relatively flat, as companies reported FY26 earnings numbers. Australian companies have generally delivered a resilient reporting season, but the quality of earnings is mixed. Companies are managing costs well, but broad-based revenue and earnings growth remain relatively modest. Overall, around 45% of companies have beaten expectations versus 25%
August 2026 Insights Read More »
The new financial year has begun much as the previous one ended. Geopolitical tensions in the Middle East continue to dominate investor sentiment, primarily through their impact on energy markets. Oil prices have moved higher again in recent weeks as markets assess the potential for supply disruptions and the broader implications for global inflation. Crude
July 2026 Insights Read More »
The ASX 200 has risen approximately 1% during June, taking gains for the 2025/26 financial year to around 2.5%. Including dividends, the S&P/ASX 200 Accumulation Index has returned approximately 6%, highlighting the importance of income in Australian equity returns. Australia has lagged many developed markets over the past year for two primary reasons. Firstly, the
June 2026 Insights Read More »
The ASX has declined around 1.5% over the past month, underperforming the US market, which gained approximately 5%. The key influences on the Australian market were interest rates and the Federal Budget, particularly the potential impact on asset prices. Financial stocks represent a significant portion of the ASX and have faced pressure from higher mortgage
The ASX rose 3% over the month—an impressive result given the geopolitical backdrop. However, it lagged the US S&P 500, which gained 13%. While much of the uplift came from mega-cap technology stocks, the broader US market was also strong, with the S&P Equal Weight Index returning 6.8% for the month. Markets with greater exposure
April 2026 Insights Read More »
Australian Market At the time of writing (25 November), the domestic market is down nearly 6%, reflecting another period of heightened volatility and mixed news-flow. Inflation is now expected to remain above the RBA’s 2-3% target band into mid-2026, while unemployment has edged lower. Together, these factors have reduced the likelihood of a near-term interest
November 2025 Insights Read More »
Global markets continue to reach record highs, buoyed by encouraging U.S. corporate earnings and sustained investment in artificial intelligence. In the U.S., around 30% of S&P 500 companies have now reported results, with an impressive 87% exceeding earnings-per-share (EPS) expectations. Over the past few days, several bellwether firms — Microsoft, Alphabet, and Meta Platforms —
October 2025 Insights Read More »
Over the past month, the ASX 200 has declined about 0.75%, not including dividends of around $25bn paid to investors during September. When adding dividends back, investors are up again over the past month. Dividends Paid this Month (per week) Source: Coppo The market remains resilient despite some negative stock and sector specific news. Energy stocks
September 2025 Insights Read More »
For individuals and families seeking a structured and tax-effective approach to charitable giving, Private and Public Ancillary Funds offer compelling solutions. This white paper outlines the key features, benefits, and differences between these two philanthropic vehicles in Australia, highlighting how Leyland Private Asset Management can assist you in establishing and managing a fund that aligns
Private and Public Ancillary Funds: A Guide for Strategic Philanthropy Read More »
