RBA Cash Rate May 2023: Banking Woes, RBA's Close Call & Property Inflection Point

The Property Couch

May 01, 2023•59 min

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Episode description

The temperatures are dropping, the end of the financial year is looming and the Reserve Bank of Australia have just released their cash rate folks!

The RBA’s May update is packed with global news, from Banking Woes in the US to the train wreck that is the UK economy, I also cover the Property Market Inflection Point and deep dive into a Rental Yield Analysis.

Tune in now to hear Ben’s evaluation of the update and his predictions for the future!

Tune in to this episode where Ben unpacks three key themes for this month’s economic update:

Another banking issue in the US
The RBA makes another close call today?
I’ll also touch on the release of the RBA review
And in my property update, I’ll talk about the current inflection point in the market, plus I’ll do a deep dive on rental yields

Plus, Ben also includes his latest news and commentary on…

Latest inflation data and what we have learnt from it
Property rental increases and how they are putting further upward pressure on inflation
Employment data now as we see it
Consumer sentiment now after seeing 11 straight rate rises
Business data and how trading conditions have improved
Latest property data; housing credit growth, building approvals, property value results
And heaps more!

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