by admin | Dec 6, 2022 | Ask Alan News
Amidst all the bad news of 2022 comes some good news at last. It is just possible that the rate of inflation in Australia has peaked (in October) earlier than predicted by economists (The Australian 1 Dec 2022: Robert Gottliebsen). (By the way – what do you call 100...
by admin | Oct 3, 2022 | Ask Alan News
It wasn’t long ago there was talk of the Goldilocks Economy – not too hot, not too cold. It was juuuuust right. Unemployment around 4%. Inflation around 2%. Wages growth around 2%. But as in the story – the Three Bears came home… Just who are these Three Bears at the...
by admin | May 9, 2022 | Ask Alan News
What caused the Reserve Bank to move away from its previously stated plans? Namely… they were not going to move until: Inflation was comfortably in the 2%-3% range.Wages growth was above 3%. The reasons that threw the Reserve Bank off course were simple: Russia...
by admin | May 2, 2022 | Ask Alan News
At the April Reserve Bank meeting the governor said he would: Wait for the release of inflation figures – which came out last week (April 27th ) at 3.4%.Wait for the release of employment / wage figures on May 15th. I listen carefully to Bill Evans – Westpac...
by admin | Mar 25, 2022 | Ask Alan News, Interest Rates
I am writing again – to let you know how I think the interest rate scenario will unfold in 2022 and how to prepare together. We each have roles. The pieces are falling into place for the Reserve Bank to start to lift the cash rate. Inflation between 2% and 3%...
by admin | Jan 31, 2022 | Ask Alan News
House price rose by 25% in 2021 driven exclusively by Low interest rates,The need for more space to accommodate working from home. There was a segment of the property market that missed this – inner city units – which rose by only 8%. Unit blocks close to the city...