Subscribe On Itunes
Subscribe On AndroidYes, it’s the first Tuesday of the month… which means the RBA Board has met and kept the cash rate on hold at 0.25%.
This video features Ben’s update on the cash rate… as well as a DEEP dive on the data that’s spreading across the economy as the world tries to navigate through COVID-19.
Ben will be talking about the economic mess we’re likely to see — in terms of a recession here in Australia — how long this will last, and how long we can expect to be living in lockdown conditions until things pick back up again.
He’ll also discuss, with specific reference to the coronavirus crisis…
- The RBA Announcement — April 2020
- World Stock Markets: United States, China, Europe
- What’s happening here in Australia and the ASX Stock Market
- The Aussie Dollar
- Unemployment (where this will go + the fiscal stimulus introduced)
- Consumer Confidence & Sentiment
- Business Confidence & Sentiment
- Retail Sales
- The Property Story
- CoreLogic Numbers
It’s a BIG RBA episode with everything going on at the moment… and it’s definitely one you DON’T want to miss out on if you want to stay informed about what’s currently going on and where it looks like we’re going…
Additional Helpful Resources on COVID-19
National Update: Click here
States Update:
- Australian Capital Territory – Click here
- New South Wales – Click here
- Northern Territory – Click here
- Queensland – Click here
- South Australia – Click here
- Tasmania – Click here
- Victoria – Click here
- Western Australia – Click here
And One Final Word…
If you’re worried about your finances or have no clarity on your cash flow position, we strongly recommend you 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 MoneySMARTS Platform here and update the numbers.
Want to learn more about MoneySMARTS? Claim your free copy of our best-selling book Make Money Simple Again which explains it all in detail!
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.
