Just when we’re hoping rate rises are over, the Federal Budget spending and Unions pushing for higher wages could have Dr Phil reaching for the interest rate lever again.
Just when we’re hoping rate rises are over, the Federal Budget spending and Unions pushing for higher wages could have Dr Phil reaching for the interest rate lever again.
Anyone hoping airfares will come down should know that airline costs are ready to go skyward, with this latest union wage push. Will interest rates ascend unwanted heights because of this?
The pressure’s on Treasurer Chalmers to play Scrooge with wage rises to KO what he says is our biggest enemy – inflation. Can he do it?
Early signs of super being used to make mortgage payments is an anecdotal reminder that the RBA must be careful about future rate rises.
Some economists think this Budget will mean the RBA will keep raising rates because Dr Jim Chalmers has added to inflation with his $20.6 billion worth of spending. How true is this?
While Treasurer Dr Jim Chalmers can boast about the fastest return to surplus since World War II, those super members with big balances are going to have to duck for cover.
Last October it was thought this Budget surplus of $4 billion would be a $37 billion deficit! That’s a big miss! Can these guys count? Or does it show that ‘guessing’ what economies do is so hard?
Standby for a good news leak from what will be in tomorrow night’s Budget speech.
Dr Jim naturally wants to tax the super rich but will average Aussies be caught up in this tax trap?
The US Fed boss delivered news the stock market liked, and good vibes will come down under today and, eventually, beyond!
Dr Phil has cast the dye with this 11th interest rate rise since May last year. I hope he ends up being a genius for all of our sakes, but he has taken a huge punt.
Next week’s Budget will reveal that by 1 July 2026, super will be paid with a worker’s pay-packet, not quarterly.
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