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

June 09, 2024 00:29:05
Episode Cover

The Housing Market Sheep And Goats (Which Are You?)

Data from my surveys, as discussed this past week, along with other market data shows we have a very divided housing market, with on...

Listen

Episode

February 29, 2024 00:07:21
Episode Cover

Retail Sales Scream Recessionary - If You Look Under The Hood!

We got the January 2024 retail data from the ABS today, and they reported that Australian retail turnover rose 1.1 per cent (seasonally adjusted)...

Listen

Episode

January 08, 2024 00:38:26
Episode Cover

Household Stress: You Asked, We Answered! [Postcode Analysis]

Following my post about Household Financial Stress https://youtu.be/G1T72rUFlgA and the upcoming live show tomorrow, I received many requests for postcode level analysis. So I...

Listen