Message from the CEO – End of year

February 10 |

We all breathed a sigh of relief at the end of 2020, anticipating that 2021 would bring some relief from the pandemic and a new start! While it may not have seemed that way while those in Melbourne and Sydney were living through lockdowns and Covid restrictions, the year did bring the rollout of safe and effective vaccines that have started to shift the world towards a new normal.

During the difficulties of the pandemic, we saw so many of our members in local government going above and beyond to make sure their communities could still function and people could get the services they needed. These people are our Local Heroes, and the Vision Super Local Heroes awards are our recognition of their tireless work on behalf of us all. You can read about some of our nominees in the newsletter.

The year also saw positive returns for most of our Vision Super options, with equities markets around the world performing pretty strongly despite the pandemic. As far as we’re concerned, that’s a good measure of our success, because it means more money in members’ accounts for your retirements. The investment outlook for 2022 is an interesting one – you can find all the details from our Investment team in their update.

As we close out 2021 and I write this introduction, we’re already well into 2022, but I’d like to take the opportunity to wish you and your family a safe, happy and prosperous 2022. The Lunar New Year has just passed, so for any of our members with a Chinese background, Gong Hei Fat Choy – wishing you prosperity and good fortune for the Year of the Tiger.

Best wishes,

Stephen Rowe

February 10 |  

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After strong gains through much of 2021, global equity markets fell moderately during the March quarter but the Australian share market outperformed and rose moderately.

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US Inflation

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Investment update March 2021

Auction clearance rates have recently reached elevated levels and this has coincided with very strong growth in house prices across Australian capital cities.

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