Tag Archives: RBA

You might be surprised at what really drives interest rates

Posted on June 19, 2024 by Arrowroad

This article explains the factors that drive interest rates, including the roles of the RBA, APRA, and external economic influences. Learn how these factors impact your mortgage and financial planning decisions. Continue reading →

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Quarterly Economic Update: Jan-Mar 2024

Posted on June 18, 2024 by Arrowroad

The first quarter of 2024 saw significant economic developments in Australia. The government introduced changes to the Stage 3 Tax Cuts, aiming to provide greater benefits to middle-income earners. Inflation showed signs of easing, yet remained high in certain areas, prompting the RBA to maintain the cash rate at 4.35%. The stock market experienced record highs, while the property sector continued to face pressures with a national vacancy rate hitting a low of 0.7%. The labour market showed cooling trends with a shift towards part-time employment and a forecasted rise in the unemployment rate. This quarterly update highlights the dynamic economic landscape and the ongoing challenges and opportunities. Continue reading →

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