The final RBA Cash Rate Announcement of 2024 is here!

Join Ben Kingsley and Evan Lucas as they dive into the RBA’s latest decision and discuss economic trends from Australia and around the world.

Here’s what they cover: 

• 📺 The RBA’s Cash Rate Decision: Get the latest on the Reserve Bank of Australia’s announcement, as delivered at 2.30pm (AEDT) today. 
• 🌏 Global Economic Comparison: How does Australia’s GDP performance stack up against major economies like Canada, the UK, and New Zealand? 
• 🏡 Property Market Insights: CoreLogic’s data reveals city-by-city trends, including Sydney’s slowdown and Brisbane’s growth, driven by population shifts. 
• 🇺🇸 The Global Impact of Trump 2.0: What does Trump’s return to power mean for trade, immigration, and Australia’s economic future? 
• 💶 Challenges in the Eurozone: Insights into inflation, France’s growing economic instability, and what it all means for the EU. 

⚠️ Technical Difficulties: If you joined us live, you might have noticed some technical glitches at the start—apologies for the inconvenience! Thanks for your patience, and we appreciate your support. Wishing you all a Merry Christmas and a Happy New Year! 

PSA: If it’s been some time since you last reviewed your home loan, it might be time to hit up your Mortgage Broker and get a review sorted.

It’s the second-last RBA Cash Rate Announcement of 2024, and our hosts Ben Kingsley and Evan Lucas are back to discuss the RBA’s latest decision and the latest economic trends in Australia and around the globe.  

Tune in as we break down the usual big topics: GDP, inflation, unemployment, consumer and business confidence, central bank moves, and more. 

Here’s a sneak peek into what our hosts cover in today’s episode: 

📺 RBA’s Cash Rate Decision: Find out all about the Reserve Bank of Australia’s latest cash rate decision, as announced at 2.30pm (AEDT) today! 

🇦🇺 Australia’s Sticky Inflation and Next Rate Cut: Inflation is still the big focus for Australia, and Evan shares why he believes childcare subsidies should be prioritised. Ben and Evan don’t quite agree on where rates will go in 2025 – leading to a $50 bet!  

🇺🇸 All Eyes on the US Federal Elections: We discuss the potential impact of the upcoming US presidential election on both US and global markets. Rates are expected to trend downward, but the timing and pace of cuts are still up in the air. Could Australia follow the US’s lead on rate changes next year? 

🇨🇳 China’s Slow Growth Despite Major Stimulus Efforts: China’s economy is in a balancing act, caught between President Xi’s policies and strict financial regulations from prior years. With growth targets set at 5%, the Chinese government may need to push more stimulus, especially if a Trump presidency complicates trade for China. 

🇪🇺 Germany’s Tariffs on Chinese EVs: Germany’s economy is showing signs of strain, and Volkswagen, among others, is feeling the pressure. This economic fragility could push the European Central Bank towards new actions. We also explore the impact of a possible Trump presidency on trade tariffs and European funding for Ukraine. 

The sixth RBA Cash Rate Announcement of 2024 is here!

Join Ben Kingsley and Evan Lucas as they break down the RBA’s latest decision and dig into economic trends from Australia and around the world.

Here’s what they cover: 

• 📺 The RBA’s Cash Rate Decision: Find out all about the Reserve Bank of Australia’s latest cash rate decision, as announced at 2.30pm (AEST) today! 
• 🌍 Geopolitical Tensions in the Middle East: How are these events shaking up global inflation and supply chains? 
• 📉 The Federal Reserve’s Surprise Rate Cut: US inflation might be slowing, but with core inflation still a worry, the Fed’s 50 basis point rate cut caught many economists off guard. 
• 🌱 China & Eurozone Updates: What’s China doing to deal with slowing GDP, and is the Eurozone bouncing back with better inflation and economic confidence? 
• 🎙️ Live Q&A: This was our first-ever LIVE session with audience questions! Missed it? No worries, you can watch the replay now. If you’re interested, keep an eye out for when we go live next! 

Welcome to the fifth RBA Rate Release of 2024 with Ben Kingsley and Evan Lucas!  

Here’s a sneak peek into what our hosts cover in today’s episode: 

📺 RBA’s Cash Rate Decision: Find out all about the Reserve Bank of Australia’s latest cash rate decision, as announced at 2.30pm (AEST) today! 

📈 Australia’s Rising Inflation: Annual inflation in Australia is up to 3.8%, but still within the long-term trend. Property prices are mixed, with Sydney’s growth slowing and Perth and Adelaide showing strong growth. 

🤷 Mixed Signals In the US: The US shows mixed data, with GDP growth driven by consumer and government spending. The Federal Reserve keeps rates steady but is open to possible rate cuts. 

🌱 EU’s Steady Growth: The European Union’s economy shows steady GDP growth at 0.3%, with inflation ticking up to 2.6%. The ECB keeps rates unchanged but hints at possible future rate cuts. 

🌟 Exciting Changes Ahead: We’re shaking things up with our RBA cash rate announcements. Soon, you’ll be able to catch Ben & Evan’s commentary LIVE! Plus, we’ve got a quarterly Property Market Update session with Bryce & Ben in the works. More details to come, so stay tuned.