Insights
Genesis is merging with Certe
Certe and Genesis together will mean a large, integrated financial advisory firm with 20+ staff and 9 advisers.
Australian CPI lower than expected
Despite a decrease in Australian consumer inflation last quarter, the Reserve Bank remains concerned about the persistent rise in costs across the economy.
Federal Budget 2023-24
In a challenging economic climate that has seen many Australians grappling with pressure from rising interest rates and living costs, Australian Treasurer Jim Chalmers has handed down the 2023-24 Federal Budget.
What you need to know about the Global Banking Market
Two US banks collapse and one of Europe’s largest banks is bailed out – what does this mean for the banking system and markets?
Encouraging Signs Inflation is Cooling
While the 0.5% growth figure for the December quarter and 2.7% estimate for all of 2022 was on forecast, a tantalising piece of economic data is the sharp month on month fall in inflation in January.
The Australian Bureau of Statistics monthly inflation indicator came in at 7.4%, down noticeably from the surprise 8.4% reading in December, the first clear indication that we have seen of those pressures easing in the current bout of inflationary conditions.
RBA slow and steady with the rates
Earlier this week the RBA Board increased the cash rate by 0.25% to 3.35% – the ninth consecutive increase since it began raising rates in May last year from a record low of 0.1%.
For a well anticipated decision and commentary from the central bank, markets went all funny – the ASX 200 fell 42 points in a matter of minutes and ended the day off nearly 35 points.