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

November 04, 2022 00:43:32
Episode Cover

The Rates Are Beginning To Bite: With Steve Mickenbecker [Podcast]

I discuss the fallout from the RBA rate hikes with Steve Mickenbecker from Canstar. We look at strategies to alleviate the pain of higher...

Listen

Episode 0

March 03, 2020 00:09:13
Episode Cover

Private Health Insurance Is Sick... [Podcast]

We discuss the recent ACCC report on the Private Health sector, where the number of households covered is decreasing, premiums are rising faster than...

Listen

Episode

June 01, 2024 00:22:06
Episode Cover

Toppy Markets Feeling The Pain As More Data Confuses Again…

This is our weekly market update. In this show we look across the market action, starting in the US, then Europe, Asia and Australia...

Listen