Households In The Cross-Hairs As Real Wealth Falls...

November 10, 2023 00:14:52
Households In The Cross-Hairs As Real Wealth Falls...
Digital Finance Analytics (DFA) Blog
Households In The Cross-Hairs As Real Wealth Falls...

Nov 10 2023 | 00:14:52

/

Show Notes

The latest from the RBA – Statement On Monetary Policy November 2023, outlines the bank’s latest thinking. The Reserve Bank updated its economic forecasts, which explain why it raised interest rates this month – from 4.1 per cent to 4.35 per cent after four consecutive pauses. And importantly, it shows just how the economic engine is misfiring, with households very much on the front line. While the business sector, overall, appears to be doing fine, it appears working-age households will continue to do the heavy lifting on containing inflation via higher interest payments, cutting their individual consumption and falls in […]

Other Episodes

Episode 0

October 07, 2022 00:16:10
Episode Cover

The Cracks In The Machine... [Podcast]

The RBA released their Financial Stability Report today and provided a worrying insight into household finances. Rate rises and large mortgages are having an...

Listen

Episode 0

September 25, 2022 00:17:50
Episode Cover

Forget The FED Pivot - And Housing Price Falls Won’t Stop Them Either! [Podcast]

So, after this latest rate hike, the Fed has now lifted its benchmark rate by 300 basis points, or 3% in just six months...

Listen

Episode

April 02, 2026 00:22:29
Episode Cover

Stagflation Incoming: Brace, Brace, Brace!

The outlook looks pretty gloomy, thanks to the War in the Gulf. We got a spate of leaders addressing their respective nations about the...

Listen