Episode description
Episode description
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. Keen to hear our predictions for 2023? 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.
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- Make Money Simple Again
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