🔥The labour force has delivered a resounding beat💥, with robust employment gains and an even stronger participation rate, paradoxically nudging the unemployment rate upwards.
🤔 This dynamic mix sets the stage for a pivotal moment in Australian monetary policy. 📊 With the Q2 Consumer Price Index (CPI) figures looming large, anticipation is rife – could this be the catalyst that finally propels the Reserve Bank of Australia (RBA) to hike rates in August? 💸 If the inflation numbers come in hot, no...
🤔 This dynamic mix sets the stage for a pivotal moment in Australian monetary policy. 📊 With the Q2 Consumer Price Index (CPI) figures looming large, anticipation is rife – could this be the catalyst that finally propels the Reserve Bank of Australia (RBA) to hike rates in August? 💸 If the inflation numbers come in hot, no...
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Initially looked pretty bad, but the last 5 months the CPI minus fuel, fruit & veg, and travel has been 4.2, 4.1, 3.9, 4.1, 4.1, then come in at 4.0 this month. Ideally would be nice if this was 1% lower but it doesn't yet feel like it's actually getting away from us just yet?
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RBA kept interest rates on HOLD @ 4.35%….Looks like Bullock’s mandate is to keep inflation ticking along. $S&P/ASX 200(.XJO.AU$
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Lend Lease is now trading around it’s all time low price set back in the GFC….What a crap stock it has been – not as bad as AMP but it’s up there….Stuffing up both of these iconic businesses has taken immense skill and extraordinary effort. I’m serious – it would be hard to do!! $Lendlease Group(LLC.AU$
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In a textbook outcome, the Fair Work Commission (FWC) landed almost exactly between the two, awarding a 3.75 per cent pay rise for Australians on the minimum wage, or the much larger group on awards.
It was a boring outcome that angered no-one.
I'm actually angered at FWC. They promised to make up for the massive real award wage cut last year. They gave a pitiful real wage raise this year. Even ABC plays the same game as FWC, concerned with the capitalist owner's feelings of giving workers a big...
It was a boring outcome that angered no-one.
I'm actually angered at FWC. They promised to make up for the massive real award wage cut last year. They gave a pitiful real wage raise this year. Even ABC plays the same game as FWC, concerned with the capitalist owner's feelings of giving workers a big...
Woohoo. Interest rate hike incomingggg.
Global uranium equities have soared over the past 12 months with the underlying commodity price, and due to expectations for higher output from major producers.
$BHP Group Ltd(BHP.AU$ $Pilbara Minerals Ltd(PLS.AU$ $Rio Tinto Ltd(RIO.AU$
$BHP Group Ltd(BHP.AU$ $Pilbara Minerals Ltd(PLS.AU$ $Rio Tinto Ltd(RIO.AU$
While Inghams ( $Inghams Group Ltd(ING.AU$ ) announced they have ZERO cases of bird flu at their facilities, I am recommending to TAKE PROFITS….The bird flu may become something as Moderna & Biontech shares have recently been rallying hard on the prospects of a new SCAMDEMIC. (Full disclosure: I won’t be shooting up their experimental bird flu vaccines either).
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