Investing is serious business. Whether you’re building wealth towards your hard-earned retirement, investing for income, or even managing generational wealth, getting the fundamentals right is of the highest importance.

Readers of our columns over many years will have heard us talking about the importance of diversification. Whether an individual fund selecting its assets, or an individual investor selecting a wide array of investments to perform at all points across the economic cycle, diversification matters.

Last week, the Reserve Bank of Australia (RBA) released its updated Statement on Monetary Policy (SoMP).

The eyes of the financial world remain squarely fixed on inflation and the response of central banks. As we have highlighted in previous editions of this newsletter, the pace of the return of inflation to target range remains the central figure which will drive economic outcomes through 2023 and into 2024.