Insights

November marked a clear inflection point for Australian equities. The ASX 200 fell by 2.7%  during the month, pulling back from its record high in mid‑October and marking its largest drop since the tariff correction last April.  While markets stabilised toward month‑end, elevated valuations and a reassessment of the interest‑rate outlook weighed on sentiment. The pullback was led by banks and technology stocks . Commonwealth Bank shares fell 11% , as its valuation compressed

Investor Letter – Calendar Year 2025 Review and Outlook for 2026 Australian equities delivered a volatile and increasingly selective performance over calendar 2025. While the ASX 200 reached record highs in mid-October—supported by resilient corporate balance sheets, easing financial conditions through much of the year, and recovery in selected cyclical and defensive earnings—this headline performance masked heightened volatility beneath the surface. Markets experienced a sha

Market Update The Australian equity market experienced a modest pullback in September, with the ASX 200 declining 0.8%, marking its first monthly loss in five months. The Reserve Bank of Australia (RBA) kept interest rates on hold, balancing resilient economic activity with lingering inflation pressures. Inflation remains stubbornly near 3%, at the top of the RBA’s target band, while the labour market continues to display tightness despite early signs of a rebound in consumer

August 2025 – Blackmore Commentary The ASX 200 rose by +3.1% in August, despite recording a third consecutive year of negative earnings...

The ASX 200 rose by +2.4% in July, as a rotation out of banks into the laggard sectors of healthcare and resources gained momentum....

The ASX 200 June and 2025 financial year market Review The ASX rose +1.4% in June, as equity markets continued to rebound from the April...

Recent Changes to Blended Australian Equities Portfolio We have recently initiated a position in Worley (WOR), a global engineering and...

Recent changes to Blended Australian Equities Portfolio Reduce CSL Limited (CSL) We have reduced our weighting in CSL due to the ongoing...

Changes to both Australian Equities Income Portfolio & Blended Australian Equities Portfolio Sell Aurizon (AZJ)   Post Aurizon’s (AZJ)...

Change to Australian Equities Income Portfolio Buy Westpac (WBC) We have added Westpac Banking (WBC) to the Income Portfolio to gain...

Markets remain skittish as investors grapple with the dramatic and unpredictable policy shifts under the Trump administration. These...

The ASX 200 fell 3.4% in March as valuation multiples continued to decline from record high levels. As at the end of March, the index was...

Recent changes to Blended Australian Equities Portfolio Initiating Suncorp Group (SUN) A continuation of favourable operating conditions...

Recent changes to Blended Australian Equities Portfolio AUB is an equity-based network of insurance brokerages and underwriting agencies,...

Changes to both Australian Equities Income Portfolio & Blended Australian Equities Portfolio We have recently added Aurizon (AZJ) and...

The ASX 200 fell 3.8% in February as valuation multiples across the broader market de-rated from record high levels. Notably, while the...

Marcus Bogdan from Blackmore Captial reporting season report card says the February reporting season for Australian stocks showed mixed...

The ASX 200 reached a new high in January rising +4.6%. The rebound in momentum was supported by better-than-expected inflation data...

The ASX 200 fell 3.2% in December as expectations that interest rates would be cut aggressively by the US Federal Reserve in 2025 faded...

The ASX 200 rose 3.8% in November buoyed by a decisive Republican victory in the US election. While the Trump victory helped equity...