Mencari

29/11/2024

The Commonwealth Bank of Australia has introduced artificial intelligence to revolutionize its services in order to reduce fraud rates and wait times for 10 million customers.

29/11/2024

The Australian government has implemented significant reforms to modernize and strengthen the structure of the Reserve Bank, the most significant changes since its establishment.

29/11/2024

https://www.readmencari.com/p/1-5-million-australians-still-at-mortgage-risk-despite-recent-improvements

The country's housing market has seen a significant fall in the levels of mortgage stress, with the percentage of mortgage holders at risk falling to 26.2% in October 2024, or about 928,000 people, with Stage 3 tax cuts and increased household incomes the major reason.

27/11/2024

NZ Reserve Bank's Bold Rate Cut Marks Turning Point for NZ Economy

Good afternoon! It’s Wednesday, Nov 27. We cannot do it without your support and thank you, if you enjoy our newsletter and would like to support us please email us or there is a donation button at the bottom of this newsletter.

24/11/2024

Sunday rally

01/10/2024

Sharing the latest edition of Mencari Business -

Good Morning. Miko here. The big news today is that the Reserve Bank of Australia's commodity price index fell 1.7% in September, continuing a downward trend that has seen it fall 10.1% over the past year, mainly due to lower iron ore and coal prices.

26/09/2024

Netanyahu Rejects Ceasefire Proposal: Israel-Lebanon Tensions Escalate.

Good morning! A lot happened overnight in Australian politics and around the world. Here is the latest news from our team, who work tirelessly around the clock.

26/09/2024

check out the latest news from Mencari -

Good morning! A lot happened overnight in Australian politics and around the world. Here is the latest news from our team, who work tirelessly around the clock.

26/09/2024

Australia's inflation rate drops to 2.7%, lowest since August 2021, as energy and fuel costs plummet.

The latest data from the Australian Bureau of Statistics showed annual inflation cooled to 2.7% in August 2024, the lowest rate in three years, giving consumers some hope in the cost of living crisis. The sharp drop angers debates about what this extraordinary fall in inflation means for monetary policy, household finances, and economic growth.

The more you get into the details of this economic shift, it's about time you know precisely what dictates this course of change and what exactly it means for the ordinary Australians. From housing costs to grocery bills, from transportation expenses, the effects of this cooldown of inflation are expected to touch different dimensions of our daily life in ways that may reshape household budgets, consumer behavior, and savings habits in the months ahead.

The Highlights:

In annual inflation in August was 2.7%, from 3.5% in July
The weakness was especially supported by considerable declines in electricity prices -17.9% and automotive fuel -7.6%
Main contributors to annual inflation were housing, food and beverages, and alcohol and to***co
Underlying inflation measures also fell to 2.5-year lows

The bottom line: This inflation report is perhaps a very important point in the turning of Australia's economic journey. Such a cooling, especially in the key energy and fuel segments, would hint that some of the cost pressures that have been bleeding consumers and businesses alike could be receding. That might coax consumer sentiment better, and perhaps retail spending could rise in that process. For investors, this might be an environment in which to favor sectors benefiting from consumer discretionary spending.

While this might have been expected, given that inflation has cooled in some areas, it still remains above the RBA target of between 2-3%, a pointer that indeed there is still much to be achieved on matters to do with ensuring the right level of economic stability.

The mixed signals in different sectors, such as the continued rise in rental prices, suggest a complex economic picture. This is data to watch for its effect on monetary policy decisions from the investor's point of view, as a change in interest rate expectations may make huge differences in bond yields, the Australian dollar, and equity markets. What this generally positive report does bring out is the need for a nuanced approach toward investment strategies at this juncture. In other words, one must be well informed about events and adjust accordingly in investment decisions.

I think you might find the content interesting and valuable. Would you like to check it out?

👉

Stay Ahead of the Financial Curve—Get Urgent Australian Banking News Now!

23/09/2024

ACCC Takes on Woolworths and Coles: Alleged Deceptive Discount Practices Exposed

Good morning! We're back with a brand new edition after a short hiatus due to unforeseen circumstances. We're excited to be back in action and we'd love your continued support to keep bringing you the latest news.

19/09/2024

US Federal Reserve Cuts Interest Rates, Signaling Economic Confidence and Inflation Progress

In a dramatic and far-reaching decision that is sure to send ripples through financial markets, the US Federal Reserve has just made the bold move of cutting interest rates.

This marks one of those rare pivots in monetary policy-a reflection of growing confidence in the battle against inflation, carefully balanced to maintain economic stability. With the world of investors and consumers holding its collective breath, this rate reduction may have aftershocks that go a long way in rearranging the topography-something that could lower mortgage rates and send shockwaves through everything from stock market performance upwards.

Key Takeaways:

The Federal Reserve cuts the target range for the federal funds rate by 0.5 percentage points to 4.75-5%.

The move reflects growing confidence that inflation is declining "steadily" toward the 2% target.

Economic activity continues to expand at a solid pace, with job gains slowing and unemployment slightly up but still low.

The Committee remains committed to achieving maximum employment and stable inflation, while being attentive to risks.

Why it matters: This rate cut is a big signal that the Federal Reserve thinks the economy is on a more stable footing. In a balancing act between keeping a lid on inflation and not choking off employment, the Fed cut interest rates in an attempt to stimulate the economy. The move could mean cheaper borrowing costs for businesses and consumers, which might raise spending and investments. On the other hand, it also shows the judgment of the Fed that the economy can handle lower rates without heating up inflationary pressures-a potential pivot point in the post-pandemic economic recovery.

Our Analogy: The Federal Reserve is like the master pilot who flies the aircraft through foul weather. The interest rate is like the throttle control: till recently, the Fed was giving full throttle, climbing above the storm clouds of high inflation; now, with clearer skies ahead, as inflation is trending down, they're easing off the throttle to find the right cruising altitude.

It is a fine balancing act between keeping the flight smooth-that is to say, a stable economy-without stalling the engines in this context causing a recession or flying too low and allowing resurgent inflation. This switch to a new tack against economic headwinds heralds a new chapter in the economic cycle-one that might just unlock opportunities in rate-sensitive areas where investment strategies will now need to be rebalanced to consider this changed monetary landscape.

👉 P.S. If you enjoyed this post, you'll love our newsletter - 5-Minutes : Essential ANZ-SEA Banking Insights at Your Fingertips. : -https://bada-embankment.beehiiv.com

27/06/2024

By Mitzi Bolton, Monash University, Ruby O’Connor Monash University, Tom Chan, ANU, Alexander Saeri, Monash University in Melbourne

07/06/2024

🚀Listen Notes Data Reveals Decrease in New Podcast Launches

🎙️The Joe Rogan Experience Tops Q1 2024 UK Podcast Rankings

04/06/2024

🚀ADF to Open Recruitment to Citizens of Select Nations

Today’s email is brought to you by Empower your podcasting vision with a suite of creative solutions at your fingertips. Good Evening . 👋 I’m Miko and welcome back to the Evening Wrap. We have decided to maintain public access to our reporting for two weeks despite the financial difficulties ...

04/06/2024

On today's Positively Adelaide : June 4 2024

Today’s email is brought to you by Empower your podcasting vision with a suite of creative solutions at your fingertips. Happy Tuesday 👋 I’m Miko and welcome back to Positively Adelaide . ☀️ Today’s issue takes 5 minutes to read. The Positively Adelaide readers receive journalism that i...

04/06/2024

Podcasting Revenue Expected to Double by 2026

Today’s email is brought to you by Empower your podcasting vision with a suite of creative solutions at your fingertips. 👋 I’m Miko and welcome back to Podwires. Today’s issue takes 5 minutes to read. I would like to thank everyone who has subscribed to Podwires for free or at a cost!

01/06/2024

Trump Becomes First Ex-President Convicted of Felony Crimes

The Case Unveiled: Hush Money to Influence the Election