All Ordinaries index in Australia - Data and Analysis (1986-2033)

IBISWorld forecasts the All Ordinaries index to strengthen by 2.3% during 2025-26, to average 8,336.0 index points. Growing total business profit figures and improvement in business confidence are expected to support the value of the index in the current year. Cuts to the cash rate from 4.35% to 3.6% through 2025 have led to business expansion and increased investment in equities, resulting in growth in the index. Furthermore, strong performance in earnings across the board has led to growth in the index. In particular, the index has a strong concentration in banking and mining, which has meant that growth in commodity prices like iron ore, coal, gold and natural gas has supported ASX-listed companies in the index, while simultaneously, swelling property prices have been benefiting the banking sector, improving their top-line revenue and pushing up valuations, in turn supporting All Ordinaries value.Beginning in early 2020, the RBA began cutting rates to record low levels to encourage borrowing and investment in Australian business. These low rates were to the benefit of the All Ordinaries index, which rose alongside swelling stock valuations. While the cash rate was later strengthened, subduing access to low-cost funds, robust growth across the technology sector supported further growth in the index.The index has grown strongly over most of the past five years, due to rising commodity prices and business profit. The domestic price of black coal has risen over the period, with a sharp increase in 2021-22 due to supply constraints and global gas shortages. The All Ordinaries index dropped in 2022-23, as negative business confidence and consecutive interest rate hikes weighed on business expansionary activities. Even so, the All Ordinaries index reached a record high in October 2025, following cash rate cuts since the start of 2025, combined with indications of broadly strong earnings across the board, particularly in banks, industrial, and consumer stocks. Overall, IBISWorld forecasts the All Ordinaries index to rise at a compound annual rate of 4.2% over the five years through 2025-26.