From a report I've got that lists a few Australian studies on the market premium:
- risk premium in 2005 was 4.5% (Hathaway, "Australian Market Risk Premium", Capital Research Pty Ltd, 2005) - 5-6% (The South Australian Centre for Economic Studies, "The Market Risk Premium for Australina Regulatory decisions", 2006) - 6.3% between 1958 to 2005 (Brailsford, Handley and Maheswaran, "A Re-examination of the Historical Equity Risk Premium in Australia", 2007) - 5.7% (Officer and Bishop, "Market Risk Premium - Further Comments", 2009).
