We are delighted to welcome you to Hudson’s new home! Explore our services, our journey as one of Brisbane’s top financial planning companies, our property listings, news and articles, and more.
It has been a Happy New Year thus far, after a harrowing last quarter in 2018. For the three months October to December the Australian sharemarket fell 9.7% to land at 5,709 on 31st December. Since then it has risen 4.6% to 5,972 at the time of writing, with just 6 negative trading days throughout the month.
The US has experienced a very similar story with even more inflated figures, falling 11.8% in the last quarter of 2018 but rising 7.2% for January 2019.
The Aussie $ is currently buying 72.5c (US), and in fact has been between the 71c and 73c range for the better part of 4 months, after having fallen from the 80c mark during the first 9 months of 2018.