Virtuous present the June GPS Wealth Monthly Market Update. These updates from our licensee group assist us with strategies and give context to investment decisions.
In the June update:
- There is a pleasing finding in the inflation report, which showed a sharp fall in headline inflation, from 6.8% in April, to 5.6% in May.
- Positive results in the Australian resource sector for June, rising by 4.55% in June
- Housing supply is unfortunately likely to remain constrained upto and potentially beyond 2024
