It was a positive start to the year for the Australian share market, with the All-Ordinaries index gaining by 7.7% to close the month at 8,789.7 points. The Australian dollar was steady, with 1 Australian Dollar currently buying 62.1 United States cents.
The Reserve Bank of Australia (RBA) board did not meet in January, with the next RBA board meeting scheduled for mid-February.
The Australian share market retreated in value in December, with the All-Ordinaries index falling by 6.2% to close the month (and 2024 calendar year) at 8,159.1 points. The Australian dollar fell sharply, falling by 4.5% during the month, with 1 Australian Dollar currently buying 62.2 United States cents.
The Australian share market gained momentum in November, with the All-Ordinaries index increasing by 3.3% to close the month at 8,669.1 points. The Australian dollar fell by 1.1% over the month, with 1 Australian Dollar currently buying 65.1 United States cents.
The Australian share market retreated marginally over the month of October, with the All-Ordinaries index falling 0.6% to close the month at 8,422.1 points. The Australian dollar reversed its recent trend, falling 4.4% over the month, with 1 Australian Dollar currently buying 65.80 United States cents.
The Australian share market is on track to close the month of September 1.90% higher, with the All-Ordinaries index currently at 8,472.7 points. The Australian dollar has further strengthened this month, with 1 Australian Dollar currently buying 68.80 United States cents.
The Australian share market closed the month of August flat, with the All-Ordinaries index closing at 8,316.7 points. The Australian dollar gained by 3.5% for the month, with 1 Australian Dollar currently buying 65.42 United States cents.
It was a strong end to the month for the Australian share market, with the All-Ordinaries index closing the month of July 3.8% higher at 8,013.8 points. The Australian dollar fell by 2.1% for the month for the month, with 1 Australian Dollar currently buying 65.42 United States cents.
The Australian share market once again closed the month 0.5% higher, with the All-Ordinaries index closing June at 8,013.8 points (a solid gain of 8.3% for the 2023/24 financial year). The Australian dollar remained steady for the month, with 1 Australian Dollar currently buying 66.79 United States cents.
The Australian share market closed the month of May 0.5% higher, with the All-Ordinaries index closing at 7,970.8 points. The Australian dollar gained by 2.7% over the month with 1 Australian Dollar currently buying 66.55 United States cents.
The Australian share market retreated in the month of April, with the All-Ordinaries index falling 2.7% for the month and closing at 7,932 points. The Australian dollar fell by 0.9% over the month with 1 Australian Dollar currently buying 64.77 United States cents.