Welcome to our newsletter for July. This is also the newsletter in which we reflect on the month of June, which is of course the last month of the 2019/2020 financial year. And what a year it’s been! We have never seen anything like it - and we sincerely hope never to see anything like it again. In this newsletter, we focus on the impact of the coronavirus on the two major investment markets: the sharemarket and the residential property market. We also look at some representative pieces of commercial property to examine the impact of the virus on the commercial property sector to date and the expected impact on that sector into the future. We hope you enjoy the newsletter and we wish you all the very best for the financial year just commencing.