The Australian share market enjoyed double digit returns in 2021 despite the ongoing threat of COVID and the re-emergence of inflation. But they weren’t the only things to move the market.
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 - George Boubouras, from K2 Asset Management, says inflation is kicking in.
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