Inflation is heading in the right direction

Inflation heading in the right direction at last

- December 1, 2023 2 MIN READ

I’ve said over the last couple of weeks that I reckon the December quarter CPI figure (released on 29 January) will be lower than most people think and that we are at the top of the interest rate cycle. Just as the September CPI surprised everyone by being higher than expected, the December quarter will… Read more »

Impact of inflation on households

Behind the headlines: what rising interest rates really mean

- November 17, 2023 4 MIN READ

The Reserve Bank has been constantly saying that as it monitors the economy for any further need for interest rate increases, apart from inflation its focus is on jobs, household spending and the property market. This week we received key data on all these areas. First up jobs. Unemployment up but job creation still strong… Read more »

RBA keeps interest rates steady

Business as usual at the RBA

- October 6, 2023 3 MIN READ

RBA Board meeting week and it was steady as she goes. A change in RBA Governor from Philip Lowe to Michele Bullock made no difference at all… and I suspect that was the point. There was all sorts of talk in the lead up to the meeting about whether Michele would stamp her own unique… Read more »

Low real wages growth is impacting financial stress

Negative real wages are hitting consumer confidence

- May 19, 2023 4 MIN READ

Wages are rising but not at the same pace as inflation, which means the purchasing power of your money is going backwards. In fact, “real wages” growth has never been worse. You’re getting paid more cash, but your cash is buying less. While wage rises are stronger than normal, it is completely understandable if you’re… Read more »

Is Aussie inflation slowing

Is Aussie inflation slowing?

- December 2, 2022 4 MIN READ

A big week for getting a temperature on the economy leading into Tuesday’s RBA interest rate decision… and that pesky Aussie inflation figure looks to be heading in the right direction. Consumer prices, CPI, rose 0.2 per cent in October and 6.9 per cent over the year, which is slowing down and came in well… Read more »