RBA Cash Rate July 2022: Yet Another Cash Hike BUT Why Consumer Sentiment is not as bad as it seems?

The Property Couch

And just like that, we’re back with another jam-packed economic and RBA update!

This month saw the RBA lift cash rates by yet another 50 basis points, bringing the cash rate to 1.35% – the biggest month-on-month increase in 22 years and the highest cash rate since early June 2019.
Here are our other key themes for this month’s economic update:

• The world’s leading economies are going to manufacture an economic slowdown to curb global inflation
• What do we need to do to break our current upswing in the domestic inflation cycle?
• Consumer Sentiment – how worried should we be?
• A snapshot look at the 2021 Census Data
• And finally, an important Property update

Plus, Ben also includes his latest news and commentary on…

• US’s largest rate hike since 1994
• The World Bank & The Organisation for Economic Co-operation and Development (OECD) cuts growth forecasts
• What’s IN and OUT of Australia’s control with its inflation story?
• The positive figures in Wage Growth and Unemployment in Australia
• The role oversupply is playing in today’s property prices
• CoreLogic’s Home Value Index – 30 June 2022

And heaps more!
Additional free resources:

• Episode 009 | Buying Counter Cyclical
• Episode 73 | Building a property portfolio in a tough market – Chat with Damian Collins
• Episode 76 | Building a property portfolio after the boom – Chat with Veronica Morgan
• Episode 389 | Interest Rate Rise: What this means for YOU! – Chat with Evan Lucas

LISTEN TO THE FIRST 20 EPISODES HERE >>
MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioIC

LISTEN TO THE FIRST 20 EPISODES HERE >>
MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/
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