Hello folks, as promised, we’ll be posting Ben’s short commentary on the RBA Cash Rate Decision on a regular basis!
Let us know if you like this segment below! 🙂
So, on this Melbourne Cup Tuesday, what will be RBA’s decision on the cash rate?
Let’s start with some positive news! The seasonally adjusted unemployment rate has unexpectedly dropped to 5% in September 2018, the lowest job rate since April 2012 while markets estimated 5.3%. But what about wage growth?
Ben will be unpacking how this will be affecting the RBA’s decision to move the cash rate, which had been at 1.5% since August 2016. And of course, a bit of an update on the equity and property market as well!
There’s still buying opportunities in that particular market; but you’ve got to be very, very careful in terms of where you’re buying. So stick to the fundamentals and focus in on where you’ll get that good return over time.
Looking for the CoreLogic’s Monthly Housing Update? Click here to find out more!
If you’d like to check out his previous commentaries, click here.
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