Breaking: RBA Surprises Markets In May By Raising Interest Rates

Australian Property Talk

Content provided by Redom Syed & Curtis Stewart, Redom Syed, and Curtis Stewart. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Redom Syed & Curtis Stewart, Redom Syed, and Curtis Stewart or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

1y ago 38:21

MP3•Pagina episodului

Send us a Text Message.

In a shock to markets, the RBA have delivered another interest rate increase.
Markets, economists and just about everybody had this wrong, pricing in a 0% chance of a rate rise. Instead, the RBA came in with a surprise and decided to increase interest rates for the 11th time in a year.
In a blow to Aussie borrowers, the RBA have re-affirmed their inflation fight by taking the cash rate to 3.85%. That is a whopping 57% repayment increase for someone who obtained a $1million loan just one year ago.
In this breaking podcast, we run through:
> Why the RBA decided to raise rates this month, but not last
> Explain why its a surprise to markets, but not completely unexpected.
> Discuss the impacts on the property market - will this rate rise slow the market down?
> Discuss whether this is the final rate rise, and what may happen in the June meeting

Reach out to us at www.australianpropertytalk.com.au

62 episoade

#Trading #Business #Australia #Redom Syed & Curtis Stewart #Curtis Stewart #Redom Syed #Property #Investing #Economics #Lending #Mortgage #Mortgage Broker