Market Discount Rates – 31 December 2023
Optimism around the easing of inflation and potential interest rate cuts led to a rally in equity markets towards the end of December 2023. With markets continuing to fluctuate significantly, the selection of a reasonable discount rate remains a key consideration, whether for the purpose of financial reporting or for any valuation analysis.
RISING MARKET DISCOUNT RATES
Markets have declined over the last quarter as persistent inflation and the potential for further rate rises continue to weigh on the ASX 200. These fears have seen a rapid increase in government bond yields over the last month. With market conditions continuing to evolve rapidly, we have provided an update on our assessment of discount rates as at 30 September 2023.
25 Years at Leadenhall: Simon Dalgarno celebrates
After 25 years at Leadenhall (and in the valuation profession) Simon Dalgarno was lucky enough to have the entire month of May off as leave. During his time off, he went on a pilgrimage – which was both professional and personal.
Discount rate update – 30 June 2023
Inflation has slowed but economic uncertainty continues to drive market volatility, with growth in the Australian economy and household spending slowing. The selection of a reasonable discount rate therefore remains a key consideration, whether for the purpose of financial reporting or for any valuation analysis.
Exploring a career at Leadenhall: Insights from Jack Ryan
In a recent career Q&A session, we had the opportunity to speak with Jack Ryan, an analyst at Leadenhall. Jack shared his experiences transitioning from an intern to an analyst and provided valuable insights into the challenges, rewards, and surprises he encountered along the way.
Discount rate update – March 2023
Markets have been volatile over the last month with uncertainty surrounding the global banking system and the broader economy, alongside inflation and recession concerns. With market conditions continuing to evolve rapidly, we have provided an update on our assessment of discount rates as at 31 March 2023.
Discount rate update – December 2022
1. Market discount rate update – introduction Click to download PDF version Inflation and recession concerns continue to drive market volatility, with a deteriorating outlook for the global economy towards the end of December 2022. The selection of a reasonable discount rate therefore remains a key consideration, whether for the purpose of financial reporting or […]
Leadenhall celebrates 40 years of business valuation excellence
40 years of business valuation excellence Leadenhall marked 40 years of providing business valuation services with an event in Sydney and Adelaide late last year. Held at The Mint (part of Museums of History NSW), the Sydney event in November hosted around 50 attendees for cocktails and canapés as we reflected on four decades of […]
Discount rate update – 30 June 2022
1. Market discount rate update – introduction Click to download PDF version Global recession fears, alongside rising inflation and interest rates, have fuelled market volatility in recent months, driving a decline in markets towards the end of June 2022. The selection of a reasonable discount rate therefore remains a key consideration, whether for the purpose […]
Discount rate update – 31 March 2022
Rising market discount rates Click to download PDF version Markets have been volatile over the last three months, with the anticipated COVID-19 recovery being hindered by the conflict arising in Ukraine and coinciding with a rapid rise in government bond yields around the world. With market conditions continuing to evolve rapidly in response to these […]
