economy
Welcome progress on inflation as rate hikes take effect
30 August
The pace of inflation has slowed more than expected, suggesting the Reserve Bank’s rapid-fire interest rate hikes are working. The Australian Bureau of Statistics reported a healthy moderation in its monthly consumer price index to 4.9 per cent in...[Read More]
Report to shine light on future economic shifts
16 August
Australia’s long-term economic outlook is set to be revealed next week with the release of the latest Intergenerational Report. Treasurer Jim Chalmers will release the report at an address to the National Press Club next Thursday which will...[Read More]
Soft landing tipped for economy as RBA trims inflation
3 August
A soft landing for the economy remains on the cards as the Reserve Bank maintains it’s possible to drive down inflation without sacrificing growth. Australia’s central bank opted on Tuesday afternoon to keep interest rates on hold in a move that...[Read More]
Few plan to spend tax returns as economy stalls
12 July
Just one in 20 Australians plan to splurge on big-ticket items when their tax returns come through, with most opting to squirrel them away or pay down debt. Amid acute cost of living pressures and a string of interest rate rises, surveying by...[Read More]
Australia not expected to enter recession.
5 July
Acting Treasurer Katy Gallagher has called on the states and territories to better “phase” their massive infrastructure projects, but stopped short of labelling them inflationary. Senator Gallagher said the federal government was working with...[Read More]
Welcome to our July “Keeping in Touch”
4 July
Wishing you all the best possible New Financial Year… hoping that our economy can stay strong enough to avoid recession and the rise in unemployment that goes with it; that the help with energy bills can partially compensate for the rise in energy...[Read More]
Inflation surprise as rate of price growth slows in May
28 June
A sharp fall in consumer prices will take pressure off the Reserve Bank, but persistent growth in rents and services will keep further rate hikes in play. The consumer price index sunk back to 5.6 per cent in the year to May, from 6.8 per cent in...[Read More]
Welcome to our June “Keeping in Touch”
6 June
It is with sadness that I write of Kerrie moving on to another job in a different type of work …. but where her cheerful, caring approach is sure to continue helping everyone whom she meets. Kerrie has contributed immensely to our team over almost...[Read More]
Welcome to our December “Keeping in Touch”
6 December
As 2022 winds down, we look back on a watershed year: in many areas of life, we have perhaps come to turning points: The low inflation environment turned towards the highest inflation since 1990 in Australia (over 7%) and since 1982 in the US...[Read More]
Welcome to our November “Keeping in Touch”
1 November
We hope that you and your families are well. Much of this month’s news is related to the Budget, which aims to help with the expected slowing of the economy. The sharemarkets have already priced in much of the expected downturn in the economy,...[Read More]