11 March 2021
Australian shares were up 1.5% over the month of February, with investors predominantly focused on reporting season in the first half of the month and the rising yield curve toward the end of the month. Company results in February were strong across most sectors, with improving revenue growth and lower costs in many cases.
Covid related restrictions eased throughout Australia on the back of lower case numbers in February. Importantly, on 21st February Australia initiated its vaccine rollout program firstly to quarantine, border and frontline health care workers.