Australian stocks underperformed global peers in 2025

There are two ways of looking at the performance of Australia’s stock market for 2025: half full or half empty.The ASX200 on Tuesday afternoon was on track to deliver a 6.7 per cent return for the year, or 10.3 per cent when including dividends.But the local bourse’s showing was set to be its worst since a loss in 2022, and it also underperformed compared to the stock markets of most other developed countries. A comparison between the All Ordinaries and S&P/ASX200 for 2025. (Joanna Kordina/AAP PHOTOS)The Un ...