• Lorenzo Pagnan / Lorenzo’s Diner
    “As a successful restaurateur doing business in a fast-paced world, I need to focus on what I do best – creating beautiful food. A key aspect of my success is knowing that my accounting and finances are being taken care of. I choose the DRB Group for growing and protecting my assets. They understand my needs, save me time and provide me with a winning business recipe. I trust the DRB Group. You should too.”
  • David & Erika Keyssecker
    “We have been with the DRB Group for many years now and genuinely believe we couldn’t find a more personal service anywhere else."
  • Jessica, Manuel & Christina / ITRS
    "The DRB Group has helped us understand the business of our business. They have made planning, working, and growing easy – helping our business go beyond a small family operation."
  • Todd & Amanda Prestage
    “Our lives are so busy; we really need to know that someone reliable is looking after our financial interests. The DRB Group are proactive and very involved in finding the right solutions for us. Their care gives our family security.”
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News

Peter Blackett's Economic Update - February 2010

Australian share values have gained slightly over the month of February 2010 with the ASX 200 Index (as measured by the S&P/ASX 200 index) rising by 1.49%.

Again the annual return continues to be positive, with a gain of 38.67% over the 12 months to the end of February 2010, while during the December 2009 to February 2010 quarter, the Australian share market lost 1.35%.

In world markets, February has seen a modest rise of 1.17% with a fall of 1.32% over the quarter to end of February 2010. The annual return for the 12 months to the end of February 2010 shows a positive return of 47.09% (as measured by the MSCI ex Aus World Index).

Property markets have recovered this month with a gain of 1.49%. The quarter to the end of February 2010 has property prices steady with a 0.55% rise, whilst the annual position shows a positive return of 32.62% (as measured by the S&P/ASX 200 A-REIT).

The cash rate was raised by 0.25% at the RBA meeting held on March 2, 2010 to 4.00% pa. Inflation is running at 2.1% pa to the end of December 2009, as measured by the Consumer Price Index (CPI).

The Gold price, as measured by the USD per ounce, spot gold price (US$) has risen 2.82% over the 30 days (to March 3, 2010) and has risen by 25.03% over the 12 months to March 3, 2010.