2021 has been an extraordinary story in business and financial matters

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.

The indicator board is seen at the Australian Stock Exchange (ASX) in Sydney, Wednesday, April 21, 2021. Source: AAP Image/Mick Tsikas

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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