Australia will be the last country to escape inflation
Australia is projected to be the last of 10 developed nations to see relief from entrenched inflation, according to The Economist.
Australia is projected to be the last of 10 developed nations to see relief from entrenched inflation, according to The Economist.
The Reserve Bank of Australia (RBA) is unlikely to lower interest rates until at least 2025, despite the easing inflation, according to the Finder RBA Cash Rate Survey.
Four out of five consumers are prioritising value for money when shopping, as economic pressures mount, according to new research conducted by YouGov on behalf of Shopify. However, consumers are willing to treat themselves to small luxuries, or save for larger items that they find value in – such as Taylor Swift concerts, Shopify Australia’s James Johnson says.
Homeowners are eagerly awaiting the Reserve Bank of Australia’s (RBA’s) decision this afternoon about whether to hold or increase the official cash rate.
Emma Fisher, Portfolio Manager and Head of Research at Airlie Funds Management, talks to Forbes Australia about the changing credit market, the debt cycle and the lessons we have learned from previous economic downturns. She says that, first and foremost, we have been here before. Now it’s time for companies to hold on tight and ride out the cycle.
The RBA is expected to increase the official cash rate today, its 10th consecutive rise since May last year.
A prolonged period of consolidation might be a welcome opportunity to invest at a sensible price.
The RBA’s position that it is unwise to actively try and destroy a 60-year policy goal of full employment is refreshing.
From an investment perspective, the issue is whether inflation will prove more persistent and require tighter monetary policy or tighter financial conditions start to bite.
The re-opening of China and the performance of the US economy will be the two dominant themes for global equity markets in 2023.