The June quarter inflation data confirms yet again that, while we may have seen the bottom in inflation for this cycle in 2016, price growth is only running around the bottom end of the RBA’s 2-3% target band and there are no signs of any near-term significant price pressures in Australia, particularly with subdued wages growth and competition and technological innovation remaining intense.
We remain of the view that the RBA won’t raise interest rates until 2020 at the earliest and, given the weakness in inflation, wages and the Sydney and Melbourne housing markets, along with the uncertain outlook for consumer spending, the next move being a rate cut cannot be ruled out.
“I am passionate about the health of our natural assets; both our land and soils…
https://www.integritysystems.com.au/about/news--events/news/2020/changes-to-lpa-nvds-this-year/?dm_i=4PKF,37TA,1E2CMV,AP2N,1
National Commentary The end of October has been wet with many parts of NSW, Victoria…
https://www.cattlecouncil.com.au/assets/Resources/201008%20-%20CCA%20pain%20relief%20guide.pdf
If a premium is paid for a property based on non-existent or overstated development potential,…
Around 3000 farm audits are conducted every year to ensure producers are abiding by the…