by orange_office | May 31, 2023 | Weekly Updates
Australian inflation has peaked and is declining. Unless there is a big wage breakout that should continue. Interest rates are also at or very close to their peak. Retail sales data shows the Australian economy is beginning to slow. How much will it slow? Some...
by orange_office | May 24, 2023 | Weekly Updates
Are interest rates at their peak? The Reserve Bank paused rates in April before raising a quarter per cent in May in anticipation of a spending-focused Federal Budget. The Budget was actually quite constrained, providing only limited extra welfare support. Inflation...
by orange_office | May 19, 2023 | Weekly Updates
July is a popular time of year to retire as unused annual and long service leave pay will be received in a new financial year in which taxable income will usually be low. Tax will be deducted from payments at source but will be refunded once tax returns are submitted....
by orange_office | May 10, 2023 | Weekly Updates
Borrowers all around the country will be very keen to know if the latest Reserve Bank interest rate increase will be the last. Are we there yet? There is a good chance that we are. When announcing the last rate rise the RBA Governor said sternly that we shouldn’t be...
by orange_office | May 3, 2023 | Weekly Updates
The Reserve Bank surprised most analysts and raised interest rates another notch last Tuesday. This creates the distinct impression that the Bank does not have confidence that the Treasurer and Government will do enough in the Federal Budget to help control inflation....