by samanthal@mountainam.com.au | Aug 18, 2023 | Finance
Blog From Household Finances to Export Surges In the first quarter of the year, Australia’s real household disposable income recorded a 4% decrease on a year-on-year basis, a result of ongoing high inflation, elevated tax payments, greater net interest payments,...
by samanthal@mountainam.com.au | Aug 11, 2023 | Finance
Blog Tight Labor Market In the first half of 2023, the labor market initially remained tight, although various indicators indicated it was not as constrained as in late 2022. The unemployment rate remained close to a historic low of 3½ percent since mid-2022, with...
by samanthal@mountainam.com.au | Aug 7, 2023 | Finance
Blog Is the end of the tightening cycle near? The Reserve Bank of Australia (RBA) has kept its interest rates at 4.1% for a second consecutive month, signalling a potential pause in its rate-hiking cycle. RBA Governor Philip Lowe believes that the elevated interest...