At BT, we believe the greatest wealth is to live well. And to truly live well, our members need support across all aspects of their life. In 2021, we constantly looked for ways to increase the support provided to our members through access to easy-to-understand information, effective education, and enhanced experiences.

We’re pleased to present you with our reflections of 2021.

In the markets

  • Three major vaccines continue to rollout across North America, Europe and Asia.
  • The second impeachment of the former US President Donald Trump.
  • US President Joe Biden is inaugurated.
  • The Reddit community is on the rise.

Monthly Commentary January 2021.

For our customers

In the markets

  • A year on from the first locally acquired case of COVID-19 outside of China.
  • Economic data indicates economies around the world are on the road to recovery.
  • The USA saw extreme weather events with states such as Texas seeing snow for the very first time, resulting in a jump in oil prices.

Monthly Commentary February 2021.

For our customers

In the markets

  • Ever Given, one of the largest shipping containers in the world runs aground in the Suez Canal disrupting global trade.
  • Share markets reach record levels as investor sentiment remain positive against the backdrop of global vaccine rollouts.

Monthly Commentary March 2021.

For our customers

In the markets

  • The EU-UK Trade and Cooperation Agreement is ratified, governing the relationship between the EU and UK after Brexit.
  • Less than 4% of the world’s 8 billion eligible people have been fully vaccinated and Australia lags the pack.
  • The Reserve Bank of Australia confirms that the cash rate will remain at 0.01% “for as long as possible.”

Monthly Commentary April 2021.

For our customers

In the markets

  • The outbreak of the Delta variant of COVID-19 throughout India sent shockwaves around the world.
  • The third budget from The Hon Josh Frydenberg MP, Treasurer is passed down.

Monthly Commentary May 2021.

For our customers

In the markets

  • The G7 reached a landmark deal to impose a minimum corporate tax rate of at least 15% on foreign earnings.
  • The outbreak of COVID-19 continues in Melbourne and by the end of the month, Sydney feels the social impacts of the Delta variant.
  • The COVID-19 disaster relief payment is made available to eligible persons in the NSW lockdown.
  • Consumer sentiment in Australia declined by 5.2%.

Monthly commentary June 2021.

For our customers

In the markets

  • The Australian residential property boom continues to gain pace.
  • Tokyo 2020 Olympics (rescheduled to 2021) commences despite a total spectator ban.
  • Brisbane celebrates being named the 2032 Summer Olympic host.
  • Sydney, Melbourne and Brisbane sees anti-lockdown protests break out.  

Monthly commentary July 2021.

For our customers

City

In the markets

  • The United States withdraws its last remaining troops from Kabul ending 20 years of operations in Afghanistan.
  • 60% of the Australian population is under stay-at-home orders amid record numbers of daily COVID-19 cases.
  • COVID-19 pandemic creates run off effects in global trade and supply chain disruptions.

Monthly commentary August 2021.

For our customers

In the markets

  • Australia’s vaccine rollout ramps up. And plans to roll back restrictions and re-open the economy take shape.
  • Australia signs a defence deal with the US and UK for building US designed nuclear-powered submarines.

Monthly commentary September 2021.

For our customers

In the markets

  • Energy woes dominate the global economy as Nations prepare for the UN’s Climate Change Conference (COP26).
  • In Australia, states begin to reopen, and plans are announced to reopen international borders.
  • Australia’s COVID-19 vaccine rollout rate surpasses Israel, the previous poster child for rollout success.
  • The Australian property market ‘dwelling price index’ rises 21.6% over the 12 months – which is a level last seen 32 years ago
  • ‘The Great Resignation.’ Almost 40% of US workers plan to change jobs in the next 12 months, and Australia might be next.
  • Focus on China – investors look for further indications of property instability after September’s Evergrande ‘almost-crisis.’

Monthly commentary October 2021.

For our customers

In the markets

  • At COP26 Australia commits to cut emissions to 26-28% below 2005 levels by 2030, and a target to reach net zero emissions by 2050.
  • Inflation continues to be a hot topic amid stagnant wage growth.
  • Central Banks reaffirm interest rates won’t increase before 2023.

Monthly commentary November 2021.

For our customers

In the markets (as at 16 Dec)

  • Jerome Powell confirmed as Chair of the Federal Reserve of the United States for a second term by the Biden Administration.
  • Equity markets begin to show further signs of nerve over the Omicron variant and inflation fears.

For our customers

# Investment Trends Platforms Competitive Analysis and Benchmarking Report, December 2020. See our media release dated 23 February 2021.

^ Awards are opinions only, are not recommendations and are only one factor to be taken into account when deciding to acquire, dispose or hold a financial product. Awards and ratings are current at the time of publication but are subject to change.

* https://responsibleinvestment.org/wp-content/uploads/2021/12/Media-Release_Super-Study-2021_2.pdf

1 2021 FE Money Management. All rights reserved. The information, data, analysis, and opinions contained herein (1) include the proprietary information of FE Money Management (2) may not be copied or redistributed (3) do not constitute investment advice offered by FE Money Management (4) are provided solely for informational purposes and therefore are not an offer to buy or sell a security (5) are not warranted to be correct, complete, or accurate. FE Money Management shall not be responsible for any trading decisions, damages, or other losses resulting from, or related to, this information, data, analyses, or opinions or their use. FE Money Management does not guarantee that a fund/product will perform in line with its Super Fund of the Year award as it reflects past performance only. Likewise, the Super Fund of the Year award should not be any sort of guarantee or assessment of the creditworthiness of a product/fund or of its underlying securities and should not be used as the sole basis for making any investment decision.

Important information

The information Is current as at 16 December 2021. It has been prepared by BT Funds Management Limited ABN 63 002 916 458 (BTFM) the trustee of BT Super for Life, BT Super for Life Westpac Group Plan and BT Super part of the superannuation fund Retirement Wrap ABN 39 827 542 991.

The information is prepared by BT Funds Management Limited ABN 63 002 916 458 (BTFM) the trustee of BT Super for Life, BT Super for Life Westpac Group Plan and BT Super part of the superannuation fund Retirement Wrap ABN 39 827 542 991.

The information shown on this site is general information only, it does not constitute any recommendation or advice; it has been prepared without taking into account your personal objectives, financial situation or needs and you should consider its appropriateness with regard to these factors before acting on it. The issuers of the products named on this website can be found in the relevant disclosure document. Read the disclosure documents for your selected product before deciding.

Target Market Determinations for our products can be found here. Any taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and our interpretation. Your individual situation may differ and you should seek independent professional tax advice. You should also consider obtaining personalised advice from a professional financial adviser before making any financial decisions in relation to the matters discussed here to.