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RBA Cash Rate April 2023: The Close Rate Call

Welcome back to Ben’s RBA and Economic Update where this month’s announcement could mark a “turning point” for Australia…  

Will the Reserve Bank of Australia finally end the country’s 11-month rate hike or is the inflation genie still out of the bottle?!  

Ben unpacks this momentous decision and what it means for Australia’s future (can we expect more rate rises?!). Plus, we’re diving into the latest market data which sees the country recording its largest drop in retail spending – ever (outside of COVID).   

Zooming out, Ben explores the latest news globally including the big headlines: Global Banks Are Failing Today. Tune in to understand why this happening and how the system works. 

Here are Ben’s key themes for this month’s economic update: 

  • US & Swiss Banking Failures, – it’s time we learn more about the global banking system  
  • The RBA cash rate decision – it was such a close call. 
  • Property values are growing? Yes, that’s right, but is this sustainable, or will it turn out to be a dead cat bounce? More on that topic later in this update….   

 

Quick tip! If you’re keen to forecast your cashflows through this period, use the handy MoneySTRETCH feature on our free money management platform, Moorr. Click here to sign up or log in. 

 

Plus, Ben also includes his latest news and commentary on…

👉 The global financial system explained

👉 US makes some solid gains but danger lurks at every corner… 

👉 The Eurozone’s Uphill Battle   

👉 What does today’s decision mean for the future of rate rises and our economy? 

👉 Has the property market found its bottom?! 

👉 Disinflation begins to take hold here in Australia

👉 CoreLogic’s Home Value Index – 3 April 2023, and lots more!

 

And One Final Word…

If you’re worried about your finances or if you have no clarity on your cash flow position, we strongly recommend you to organise your finances now. It’s more important than ever to have a clear view, down to the exact cent, on how much you’re spending each month and how much surplus you’ve got. If you don’t know it, then log into Moorr, your Money SMARTS Platform here, and update the numbers.

Don’t have an account yet? Create your free access below and we’ll also send you an e-copy of the instruction manual which is also our best-seller book, Make Money Simple Again. Just fill in the form below and we’ll email it to you right away.

 

 

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

For more information, please visit: http://thepropertycouch.com.au

 

 

 

 

 

 

RBA Cash Rate March 2023: Is Now The Time To Act?

Welcome back to another monthly RBA update and yet another cash rate hike. (No surprises here folks!). Tune in now to find out whether we’ve crept up another 25 basis points bringing the rate to 3.60%, or if the Reserve Bank of Australia has decided to jawbone consumers this month to curb spending. 

Overarching all this is the goliath question… 

If the economy is slowing (tick), unemployment is rising (tick), and wages are contained (tick), then why haven’t we seen interest rates pause!?!  

Listen now to hear Ben dive into this question and unpack Australia’s data from the last month reflecting disconnected sentiment, disinflation and a domestic market still finding its footing.  

Plus, Ben covers the biggest news from around the world including the US’ positive economic data (that’s not actually what the Fed wants), the 64-million-dollar question in Europe and much more!  

 

Here are Ben’s key themes for this month’s economic update: 

  • Another month, another RBA cash rate hike (more on that soon)  
  • “Are we entering a period of ‘stubborn’ higher inflation, or is it a case of lagging data playing catch up?”  
  • There’s no evidence of any wage-price spiral issues (well not yet anyway, and hopefully it stays that way)    

 

Quick tip! If you’re keen to forecast your cashflows through this period, use the handy MoneySTRETCH feature on our free money management platform, Moorr. Click here to sign up or log in. 

 

 

Plus, Ben also includes his latest news and commentary on…

👉 The US’ data shows a story of resilience – but the Fed isn’t happy.

👉 The key to China’s economic rebound

👉 Europe raises interest rates to its highest levels since the GFC

👉 The RBA is taming our inflation beast with a blunt sword

👉 Is CDP data indicating disinflation? (Yes, this is still the buzzword for 2023)

👉 Australia’s economy is reaching a turning point, here’s why.

👉 Are we so depressed that we need a concert or a show to make us happy? The disconnect between consumer spending and sentiment

👉 “It gets worse before it gets better”: Housing Supply Levels

👉 Is now the time to invest? and Ben’s predictions for when investors will return to the table

👉 CoreLogic’s Home Value Index – 1 March 2023, and lots more!

 

 

And One Final Word…

If you’re worried about your finances or if you have no clarity on your cash flow position, we strongly recommend you to organise your finances now. It’s more important than ever to have a clear view, down to the exact cent, on how much you’re spending each month and how much surplus you’ve got. If you don’t know it, then log into Moorr, your Money SMARTS Platform here, and update the numbers.

Don’t have an account yet? Create your free access below and we’ll also send you an e-copy of the instruction manual which is also our best-seller book, Make Money Simple Again. Just fill in the form below and we’ll email it to you right away.

 

 

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

For more information, please visit: http://thepropertycouch.com.au

 

 

 

 

 

 

RBA Cash Rate February 2023: The Inflation Peak Has Passed, So What’s Next? 

Welcome back to a new year and Ben’s first RBA report for 2023! 

After a month’s hiatus, Australia’s economic landscape has changed rapidly. Will the board decide to mirror December’s 0.25 rate rise or is a larger rate hike in order?  

Tune in to find out, plus Ben covers the highs and lows of the domestic market from the ASX’s surprise positive results to falling unemployment and business sentiment.  

Of course, Ben also dives into the biggest news from around the world including the US’ “disinflationary” period, China’s relaxing lockdown laws, and more.  

Here are Ben’s key themes for this month’s economic update: 

  • We are now past the peak of last year’s Global Inflation shock (including here is Australia, even though the last data read for December didn’t show that).
  • Australia’s Cash Rate tightening cycle is coming to an end, led by the consumer running out of cash

 

P.S. Want to hear our 2023 market predictions? Stayed tuned for this week’s episode (Ep 429) where Bryce and Ben unpack the Risks and Opportunities in our annual Property Market Outlook for 2023.  

Quick tip! If you’re keen to forecast your cashflows through this period, use the handy MoneySTRETCH feature on our free money management platform, Moorr. Click here to sign up or log in. 

 

 

Plus, Ben also includes his latest news and commentary on…

👉 Australia’s 9th consecutive cash rate rise

👉 Our Cash Rate tightening cycle is coming to an end, led by the consumer running out of cash

👉 Is ‘Disinflation’ the buzzword of 2023?  

👉 US’ mixed economic signals: What does this mean for the world’s biggest economy

👉 China’s lockdown restrictions ease & good news comes out of Europe   

👉 The effect of immigration in Australia over the coming year  

👉 A slowing construction sector   

👉 Retail spending drops and things get tougher on the business front (but why it’s actually a good thing)   

👉 How APRA is keeping consumers in Mortgage Jail

👉 CoreLogic’s Home Value Index – 1 February 2023, and more!  

 

And One Final Word…

If you’re worried about your finances or if you have no clarity on your cash flow position, we strongly recommend you to organise your finances now. It’s more important than ever to have a clear view, down to the exact cent, on how much you’re spending each month and how much surplus you’ve got. If you don’t know it, then log in to your Money SMARTS Platform here and update the numbers.

Don’t have an account yet? Create your free access below and we’ll also send you an e-copy of the instruction manual which is also our best-seller book, Make Money Simple Again. Just fill in the form below and we’ll email it to you right away.

 

 

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

For more information, please visit: http://thepropertycouch.com.au

 

 

 

 

 

 

RBA Cash Rate December 2022: Has Australia Reached Its Inflation Summit?

As we start to close out the year that was, the Reserve Bank of Australia (RBA) has just released its last official cash rate for 2022!  

As global economic outlook shifts to a more “positive” note with the US and Australia seeming to have escaped a recession, have we just received another early Christmas present from the RBA?  

Tune in to find out if the cash rate has been paused for the first time in 7 months, plus Ben unpacks these key themes in this month’s economic update: 

  • The slowing of interest rate hikes in the US  
  • A case for pausing interest rates in Australia moving forward  
  • How the property market will finish out 2022 and begin 2023 

Quick tip! If you’re keen to forecast your cashflows through this period, use the handy MoneySTRETCH feature on our free money management platform, Moorr. Click here to sign up or log in. 

 

Plus, Ben also includes his latest news and commentary on…

👉 The RBA’s Official Cash Rate!  

👉 Adjusted OECD Global Outlook Forecasted Figures 

👉 Why US interest rates will always go higher than Australia!  

👉 China’s low inflation figures yet Zero COVID Policy economic chokehold  

👉 Is the Eurozone set to go into a recession in 2023?  

👉 Has interest rates finally curbed spending here in Australia?  

👉 Employment levels reach record highs!  

👉 Property prices continue to tumble (Note: Folks, there is no such thing as a typical National Dwelling Property!  Tune in to Episode 418 where we explain why it’s all about “markets within markets”!)  

👉 Ben’s Big Property & Economic Predictions for 2023 

👉 CoreLogic’s Home Value Index: 31 November 2022   

Plus much more! 

 

Free Resources Mentioned:

🔥 The RBA’s Financial Stability Review – October 2022

🔥 Episode 418 | The Hidden Forces Driving Property Values

🔥 Related Episodes:

 

And One Final Word…

If you’re worried about your finances or if you have no clarity on your cash flow position, we strongly recommend you to organise your finances now. It’s more important than ever to have a clear view, down to the exact cent, on how much you’re spending each month and how much surplus you’ve got. If you don’t know it, then log in to your Money SMARTS Platform here and update the numbers.

Don’t have an account yet? Create your free access below and we’ll also send you an e-copy of the instruction manual which is also our best-seller book, Make Money Simple Again. Just fill in the form below and we’ll email it to you right away.

 

 

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

For more information, please visit: http://thepropertycouch.com.au

 

 

 

 

 

 

RBA Cash Rate November 2022: Rate Hike Again But When Will It Stop?

While the race that stops a nation will have the eyes of Australians everywhere today, another decision drawing just as much interest has been released.  

In the Reserve Bank of Australia’s (RBA) November release – which happens to coincide with Victoria’s Melbourne Cup Day – Ben breaks down our seventh consecutive rate hike from the data behind this decision to how can we, as consumers, can curb interest rates.  

And, of course, it’s not a monthly RBA update unless it’s jam-packed!  

We’ll hear Ben explain the headline changes (and 2 of his biggest disappointments) in Australia’s newly “reprioritised” Federal Budget, the darkening outlook on global growth, and his observations – and future forecasts — for our Property Market. 

Another gigantic episode that sees Australia continue to balance the tightrope between economic growth and inflation, tune in now!  

 

Plus Ben unpacks these key themes in this month’s economic update: 

  • Global growth outlook continues too sour  
  • The RBA is following through on its promise, because we continue to spend too much… 
  • Politics is a mugs game – there is just one problem – they control the economy 

Quick tip! If you’re keen to forecast your cashflows through this period, use the handy MoneySTRETCH feature on our free money management platform, Moorr. Click here to sign up or log in. 

 

Plus, Ben also includes his latest news and commentary on…

👉 The International Monetary Fund: “The worst is yet to come” 

👉 What we, as consumers, need to do to halt interest rates  

👉 The US hikes its rates, but why Australia won’t reach these levels… 

👉 China & Europe’s continued economic struggle 

👉 Australia’s inflation surges to highest annual pace in more than 32 years 

👉 Our “reprioritised” Federal Budget & it’s key changes  

👉 Why the new Government’s solution to Housing Affordability has a thumbs down from Ben 

👉 Has rising rates really stopped our spending?  

👉 Ben’s past month prediction, future forecasting, and how to avoid getting swept up in a fearful market sentiment.  

Plus much more! 

 

Additional free resources:

🔥 Episode 169 | Alan Oster – NAB’s Group Chief Economist – on Interest-Rate Rise, Tax Cut and The Future of Residential Property

🔥 Episode 389 | Interest Rate Rise: What this means for YOU! – Chat with Evan Lucas

🔥 Episode 390 | Will Interest Rates CRASH the Property Market?!

🔥 Episode 404 | What do Inflation, Interest Rates & Broccoli have to do with Property?!

 

And One Final Word…

If you’re worried about your finances or if you have no clarity on your cash flow position, we strongly recommend you to organise your finances now. It’s more important than ever to have a clear view, down to the exact cent, on how much you’re spending each month and how much surplus you’ve got. If you don’t know it, then log in to your Money SMARTS Platform here and update the numbers.

Don’t have an account yet? Create your free access below and we’ll also send you an e-copy of the instruction manual which is also our best-seller book, Make Money Simple Again. Just fill in the form below and we’ll email it to you right away.

 

 

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

For more information, please visit: http://thepropertycouch.com.au

 

 

 

 

 

 

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