The financial year that has just ended treated investors well. Average share market returns were around 14% – which will have a flow on impact on superannuation benefits as well as have an obvious impact on direct investors into the equity market. In this edition of our newsletter, we don’t just review the past month of share market returns – we have a look at the last five years. We also discuss an interesting phenomenon in the housing markets around Australia. Finally, we discuss the changes to superannuation taking effect from this week – and show you how they may affect you.