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Subscribe On AndroidWelcome 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.
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