Knowledge, Experience, Integrity

Financial Planning News

Market Update – December 2014

A snapshot of the key points for December 2014


  1. The RBA held the overnight cash rate steady at 2.50% in December.
  2. Domestic yields fell over the month, with the 3 Month Bank Bill Swap Rate and the 10 Year Australian Bond Yield decreasing by -0.10% and -0.29% respectively.
  3. The Australian Share Market had a good month, with the All Ordinaries Price and the S&P/ASX 200 Index increasing by 1.71% and 1.84% respectively.
  4. Australian Listed Properties outperformed the broader equity market, gaining 2.86% over the month.
  5. Many global equities markets posted negative returns in December, with the FTSE 100 (UK) Index losing -2.33% to be the weakest performer.
  6. Gold prices in US$ recovered by 0.37% over the month, taking its past year loss to -1.78%.
  7. Oil prices continued to drop, with the Texas Crude Oil US$ Index decreasing by -19.47%, taking its past year loss to -45.87%. The overall US$ CRB Spot Commodity Price Index fell by –3.72% in December.
  8. The Australian Dollar continued to depreciate against most major currencies over the month. In particular, it fell by -3.40% against the US Dollar, -1.11% versus the Euro, -2.50% against the British Pound and -2.38% against the Japanese Yen.
  9. The Australian Trade Weighted Index (TWI) fell by -2.49% in December, indicating a decrease in international competitiveness.
  10. Corporate debt spreads widened by 3.42% over the month, as measured by the iTraxx Australia Index.
  11. US equity market volatility spiked by 5.87%, ending the month priced at 19.20%, as measured by the S&P VIX Index.


Please click on the following link to gain access to this resource.


Source:       Zenith Investment Partner


Taxation rulings and documentation search

eWombat is a targeted search engine that only searches websites relevant to financial planners and accountants. A great resource to search for tax rulings, human services documents, etc.

Look up stock prices

What you need to know

The intention of this website is to provide general information only and it has been created for this purpose. In preparing the website, we have not taken into account the individual objectives or circumstances of any person. Legal, financial and other professional advice should be sought prior to applying the information contained on this website to particular circumstances. Robertson de Rooy & Associates does not guarantee the accuracy, reliability or security of the content within this site, which may change at any time without notice.