The RBA has officially raised interest to curb inflationary pressures.
Here is a short video by BetaShares, an ETF provider and core player in Genesis Portfolios, which examines the RBA’s movements.
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Ed Shilland, Senior Adviser
This information is general advice only and does not take into account your personal circumstances, goals and objectives. Therefore, you should consider its appropriateness for your circumstances before acting on this information.
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Despite a decrease in Australian consumer inflation last quarter, the Reserve Bank remains concerned about the persistent rise in costs across the economy.
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.
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