In October this year, the Consumer Price Index (CPI) rose 1.2% (and 5.4% over the previous 12 months). This resulted in the new Reserve Bank Governor Michele Bullock to raise interest rates by 0.25% last week. The most significant price rises were Automotive fuel (+7.2%), Rents (+2.2%), New dwelling purchases by owner-occupiers (+1.3%) and Electricity […]
A surplus for now but stormy seas ahead Treasurer Jim Chalmers bills his 2023 Federal Budget as an economic strategy to help ease cost-of-living pressures. To that end, he has delivered a modest but welcome package of cuts to healthcare, housing and energy costs as well as boosts to welfare payments for single parents and […]
As the days get shorter and temperatures begin to fall, Federal Treasurer Jim Chalmers delivered his second Budget on Tuesday 9 May. The good news is that there are signs inflation is slowing. The latest figures show the annual rate at 7%. The March quarter saw prices rise just 1.4%, the lowest increase in two […]
The year began on an optimistic note, as we finally began to emerge from Covid restrictions. Then Russia threw a curve ball that reverberated around the world and suddenly people who had never given a thought to the Reserve Bank were waiting with bated breath for its monthly interest rate announcements. 2022 was the year […]
Part 1 - Intro & Q1 - When wll interest rates stop rising; Part 2 - How bad will it get for property market; Part 3 - Will there be a recession in Australia; Part 4- Market Performance & Outlook; Part 5 - Final Episode - Conclusions.
