For mortgagees out there praying for more cuts, the CBA economics team still backs four cuts this year, but if the economy doesn’t produce negative economic growth on March 5, then the RBA won’t be in a hurry to cut again soon.
Peter Switzer launched his own financial business 30 years ago. The Switzer Group has since grown into three successful companies spanning media and publishing that creates written content as well as video and films, with its latest acquisition being the global brand Harper’s Bazaar, financial advice, insurance and business advice. Peter is an award-winning broadcaster, twice runner-up for the Best Current Affairs Commentator award for radio, behind broadcaster Alan Jones. He talks to Ben Fordham each morning on 2GB, as well as writing each day on switzer.com.au
For mortgagees out there praying for more cuts, the CBA economics team still backs four cuts this year, but if the economy doesn’t produce negative economic growth on March 5, then the RBA won’t be in a hurry to cut again soon.
There’s been one cut, but the RBA boss has poured cold water on all those hopeful historians who tipped we’d see another rate cut on April 1.
I’m not saying that the first rate cut for some time should be the deepest but economically cuts need to kick off today as too many people have been under interest rate pressure for too long.
Will interest rates be cut tomorrow + what stocks will rise? Our experts go to their crystal balls.
Peter Dutton’s non-conservative crusade against insurers will be a vote winner. Are insurance companies overcharging? Read on…
Chemist Warehouse runs with the slogan ‘we beat everyone’s prices’ and that’s exactly what they did the day they listed on the Australian stock market.
This ‘reckless’ Rex rescue will be a big election issue for the bush, and both sides of politics need to come up with a viable policy ASAP.
An election must be looming when the country’s number one bean counter instructs APRA to tell the banks to stop HECS debt being a loan killer!
While these Trump tariffs on our steel and aluminium exporters into the US can’t be seen as a great gift of friendship, what will be the real impact on the economy?
While there’s a lot of truth in Hogan’s argument, when predicting the future, economists can make weather forecasters look reliable!
There’s a woman who hopefully will attract an avalanche of cards and flowers because economists strongly suspect she’ll deliver the first of possibly four rate cuts next Wednesday — two days before Valentine’s Day.
The Federal Treasurer thinks he’s created a pretty economic picture but do business owners and mortgage holders agree?