‘Shares – still okay, and looking up’ by Paul Clitheroe

Australian shares have enjoyed a fabulous run lately, with the sharemarket rising around an amazing 25% over the last three months. The big gains have also provided a much-needed boost to investor confidence.

According to the latest Westpac- Melbourne Institute Consumer Sentiment Index, 12% of us reckon shares are the best place to park our savings at present. That’s about double the proportion who nominated shares back in March.