A finance academic has suggested that Australians help the Reserve Bank to beat inflation to reduce interest rates by cutting spending and creating a “DIY recession”!
3 May 2024
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A finance academic has suggested that Australians help the Reserve Bank to beat inflation to reduce interest rates by cutting spending and creating a “DIY recession”!
Treasurer Jim Chalmers will outline this filtering of foreign investors today as a support piece to the government’s Future Made in Australia Act.
Over the next three months, we need to see that the 13 rate rises are hurting the economy enough for the RBA to say that they’ll now go with a rate cut. Let me explain how this goes with that – or what I call Sussan Economics…
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Is Labor giving into the anti-competitive actions of unions that hurt productivity, push up costs and interest rates, and kill jobs?
For anyone wanting a rate cut, the March quarter CPI number wasn’t good. Some economists have ruled out any cut this year, while one forecaster is tipping three rate rises!
Pressure’s on. Will today’s inflation news bring us closer or push us further away from our first rate cut?
The PM and Treasurer could have lied but not enough voters could give a toss.
Don’t fear this market sell-off — it’s a buying opportunity! + Jun Bei Liu gives us stocks she’s buying now.
Petrol prices are contributing to higher inflation and making it difficult for the RBA to cut interest rates. Why are these prices so elevated? And what can be done to fix this?
