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September 2024

September 2024

In a month that defied the typical “September effect,” both the Australian S&P/ASX 200 and the US S&P 500 saw gains, with the ASX 200 increasing by 0.95% and the S&P 500 rising by 1.49%. The housing market also showed resilience, with national dwelling values rising 0.5%, though the pace of growth is moderating. The RBA kept the cash rate target unchanged at 4.35%.


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Romulae Gadaoni Jr [AR 1242065] and Gadaoni Advisory Pty Ltd [AR1248571] are authorised representatives of Wealth Today Pty Ltd (ABN 62 133 393 263), AFSL 340289.


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