09 Aug Economic Update Video – August 2019
Your financial well-being and plans for the future can be impacted by various economic events, so below is a video to assist you to stay up to date with the latest indicators.
Australia’s All Ordinaries Index and ASX200 finally broke through their 2007 record highs set before the GFC.
While there is speculation on the possibility of additional rate cuts in the near future, the RBA’s decision this month was to hold the cash rate at 1.00%.
We also look at the other economic indicators that paint a picture of the health of the economy, including consumer sentiment, movements in the Australian dollar, unemployment and wages as well as the state of the property market across all of the capital cities.
If you have any questions or want to have chat about how the latest economic developments are impacting your financial situation feel free to give us a call.