The Reserve Bank of Australia (RBA) Board has left the cash rate unchanged at 3.60% at its April meeting. Leading into the meeting, we thought there was a 50/50 chance of no rate rise versus another 0.25% increase. An increase might flag that they’re seriously worried about inflation (and consequently less...
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Woolies half-year earnings reveal shoppers changing habits The supermarket chain says consumers are swapping red meat for more “affordable luxuries” such as exclusive cheese brands and ice creams. It’s...
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. What to do if you can no longer afford your mortgage As rates continue to rise, many Australians find themselves unable to make payments on their home. Learn what...
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. RBA governor’s statement met with confusion Philip Lowe will appear before the senate this week to answer for the RBA’s rate hike strategy. Last week, he said that further...
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Australian trade minister to meet Chinese counterpart next week as relationship thaws Australia and China’s top trade officials will meet to discuss their relationship. The meeting will take place...
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Interest rates are expected to keep rising despite softening inflation Economists generally believe that the worst of inflation is behind us, but they also say that the Reserve Bank...
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Some good news for energy prices After recent record-busting increases in electricity costs, some good news is on the horizon – energy prices will lower over 2023 and 2024...
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Jobs and retail sales more robust than expected New data from the ABS shows that consumer price inflation picked up in November, leading to higher-than-anticipated retail spending to finish...
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. AussieSuper upgrade is still causing trouble AustralianSuper had been struggling with technology issues for two months, with the new member portal and mobile app going live in mid-November. China’s...
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