The official cash rate has now been lifted by 50 basis points – the biggest rate hike in 22 years – and now sits at 0.85%. The question now remains: How high can we expect rates to rise, and when?
A certain sector within the property market is also facing a new threat…how will it impact the wider industry if it crumbles under pressure?
Here are our three other key themes for this month’s economic update:
Persisting global inflation challenges We have a new Federal Government with their hands on the economic wheel – the big question is, how well can they drive? The RBA is at it again increasing the cash rate – and they’re not done yet…
And here are all the time stamps!
0:42 – The Global Oil Story
World Economic Update Segment:
4:18 – United States: Inflation
4:50 – United States: GDP
5:14 -United States: Consumer Confidence
6:00 – United States: Interest Rates
6:30 – United States: Overall Economy Outlook (There is some positive news!)
7:45 – China: COVID-19 Restrictions
8:40 – China: Economic Stimulus Measures
9:40 – China: Retail Sales
10:00 – China: Industrial Production
10:24 – China: Manufacturing & Services PMI
11:14 – China: Overall Economy Outlook
12:10 – Europe: Inflation
13:27 – Europe: Overall Economy Outlook
Australian Economy Segment
15:08 – The new Cash Rate…what can we expect from future announcements?
16:02 – Should you fix your rate?
16:28 – A new Federal Government
19:48 – Australia’s GDP: How good is the current economy?
21:53 – Jobs & Unemployment
23:32 – Wage Growth
24:13 – Consumer Confidence & Sentiment
25:39 – Retail Sales
26:44 – Business Confidence & Conditions
25:09 – Private Capital Expenditure (Capex)
Australian Property Market Update
30:05 – Is there a crisis developing in the New Build sector?
36:06 – Corelogic Monthly Dwelling Princes Index – June 2022
37:33 – General Media Commentaries
38:48 – Overall property Outlook
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