2021 Yearender Special - Major finance stories of the year in Australia

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Counting money Source: AAP Image/Alan Porritt

The Australian sharemarket enjoyed double digit returns in 2021 despite the ongoing threat of COVID and the re-emergence of inflation.


2021 has been an extraordinary story in business and financial matters.

There were record house prices and a record sharemarket - all during the second year of a pandemic.

Massive government support coupled with ultra-low interest rates inflated asset prices.

But as the global economy reopens amid huge demand - and businesses and factories adjust to a COVID world -  inflation is kicking in.

Highlights


  • Reserve Bank believes economy will grow by 5.5 per cent next year.
  • The stock market was dominated by merger and acquisition activity
  • Regional politics also a big impact on economy.


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