RBA August 2024 | Why Australia is OUT of Cycle with the Rest of the World

RBA August 2024 | Why Australia is OUT of Cycle with the Rest of the World

HomeEmpower WealthRBA August 2024 | Why Australia is OUT of Cycle with the Rest of the World
RBA August 2024 | Why Australia is OUT of Cycle with the Rest of the World
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It's the fifth RBA Cash Rate announcement of 2024 with your hosts, Ben Kingsley and Evan Lucas!

Make sure to stay tuned until the end for some exciting announcements! Takeaways from today's episode:

The Australian inflation story: Annual inflation rises to 3.8%, while property prices show mixed trends across regions.

Mixed signals in the US and Britain following COVID-19 challenges: The US Federal Reserve has opted to hold rates amid mixed data, while Britain has raised rates for the first time after the COVID-19 crisis lowers.

Exciting changes ahead: soon you'll be able to tune in LIVE to hear Ben and Evan's commentary. There is also a quarterly Property Market Update session with Bryce & Ben in the works. More details to follow!

Tune in now!

#EmpowerWealth #RBAupdate #EconomicInsights #RBARateRelease #CashRateAnnouncement

TIME STAMPS
World economy
01:26 – US economic update
13:16 – China economic update
19:19 – Economic update Europe

Australian economy
31:47 – Inflation
39:09 – RBA interest rate decision
40:55 – Unemployment
42:34 – Employment and hours worked
44:29 – Consumer confidence and sentiment
45:44 – Retail
48:02 – Business confidence

Australian property market update
51:11 – Important update!
52:28 – CoreLogic Hedonic home value index

54:40 – Summary

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