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Rates are paused but don't relax just yet

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Content provided by Gillian Bowen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Gillian Bowen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

So the Reserve Bank is taking an opportunity to get some more economic information - thank goodness says mortgage holders who are really starting to feel the results of 12 interest rate hikes since May 2022. The official cash rate remained ON HOLD for July but don't relax just yet. Find out why a rate hike is likely in August. We've got some shock housing figures, the latest on lending in Australia, an update on 'asking rents' and a great discussion on how childcare HELPS the economy - topical considering recent research by the Consumer Watchdog (ACCC) which confirmed childcare fees rose faster than inflation and wage growth during the past four years. Learn how childcare allows Australia to grab some labour hours - from working parents - back into the economy. ANZ Senior Economist Adelaide Timbrell and CommBank Economist Stephen Wu join Gillian to explain.

See omnystudio.com/listener for privacy information.

  continue reading

98 episodes

Artwork
iconShare
 

Fetch error

Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on August 12, 2024 16:18 (14d ago)

What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.

Manage episode 370827599 series 2964023
Content provided by Gillian Bowen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Gillian Bowen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

So the Reserve Bank is taking an opportunity to get some more economic information - thank goodness says mortgage holders who are really starting to feel the results of 12 interest rate hikes since May 2022. The official cash rate remained ON HOLD for July but don't relax just yet. Find out why a rate hike is likely in August. We've got some shock housing figures, the latest on lending in Australia, an update on 'asking rents' and a great discussion on how childcare HELPS the economy - topical considering recent research by the Consumer Watchdog (ACCC) which confirmed childcare fees rose faster than inflation and wage growth during the past four years. Learn how childcare allows Australia to grab some labour hours - from working parents - back into the economy. ANZ Senior Economist Adelaide Timbrell and CommBank Economist Stephen Wu join Gillian to explain.

See omnystudio.com/listener for privacy information.

  continue reading

98 episodes

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