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. 

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.

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