Get prepped for a RBA August rate hike
![Picture](https://sgsnsimg.moomoo.com/sns_client_feed/151827937/20240718/20111092b5d945a8874556043693cb6f.png/thumb?area=102&is_public=true)
$BHP Group Ltd(BHP.AU$ -6% because BHP isn't starting production at low prices... lmao
Market literally shitting on a great decision that may akshually improve DCF for a change...
Market literally shitting on a great decision that may akshually improve DCF for a change...
For distributions and dividends that are declared around the end of June, but paid in July, would that income be taxed in the previous financial year, or the current new one?
In particular, ETFs (VAS, VGS etc), distributions from REITs, and dividends from individual shares. I imagine the answer could be different for each of these. Thanks! $CommBank(CBA.AU$ $Fortescue Ltd(FMG.AU$
In particular, ETFs (VAS, VGS etc), distributions from REITs, and dividends from individual shares. I imagine the answer could be different for each of these. Thanks! $CommBank(CBA.AU$ $Fortescue Ltd(FMG.AU$
For me, and in consideration of market pricing via the implied yield curve – November is the most likely meeting we’ll get an interest rate hike (assuming the July CPI isn’t another ‘shocker’ and the RBA hasn’t already pulled the trigger in August).
There’s also an old market wives’ tale that the RBA is more inclined to hike in November when it’s on a hike path as the November meeting generally coincides with Melbourne Cup Day. The theory here is the media will be otherwise distracted, meaning l...
There’s also an old market wives’ tale that the RBA is more inclined to hike in November when it’s on a hike path as the November meeting generally coincides with Melbourne Cup Day. The theory here is the media will be otherwise distracted, meaning l...
The RBA may simply have no choice but to hike again in response to this...![]()
![]()
Despite positive developments, the broader crypto market, including Bitcoin, is experiencing significant volatility. Bitcoin is currently trading below $66,000, struggling to regain its March peak.
1
Australian mining stocks fall as much as 3%, on track for worst day since Sept. 7, 2023.
BHP Group $BHP Group Ltd(BHP.AU$ loses as much as 2.4%.
Iron ore miner Rio Tinto $Rio Tinto Ltd(RIO.AU$ falls 1.8%, while Fortescue $Fortescue Ltd(FMG.AU$ sheds 2.8% as iron ore prices fall on Chinese demand concerns.
BHP Group $BHP Group Ltd(BHP.AU$ loses as much as 2.4%.
Iron ore miner Rio Tinto $Rio Tinto Ltd(RIO.AU$ falls 1.8%, while Fortescue $Fortescue Ltd(FMG.AU$ sheds 2.8% as iron ore prices fall on Chinese demand concerns.
A real wage rise takes into account inflation. 3.75% wage rise - 3.6% inflation = 0.15% real wage rise. Do the sums on that.
Not for me. On EBA that sets wage.