Wesfarmers Ltd Stock Forum

The Australian stock market has demonstrated strong performance, rising by 1% in the past week and an impressive 9% over the past year.
With earnings expected to grow by 14% annually, this favorable economic climate makes dividend stocks particularly attractive for investors looking for both stability and potential income growth. Within the Australian market, we have highlighted the top 10 companies with the best performance ...

Hey guys, minimum wage is up and it's bound to have some ripple effects on ASX shares! More cash in workers' pockets spells good news for consumer spending and likely a boost for various sectors.
With the wage hike slightly above inflation, we can expect a boost in consumer spending, which is music to the ears of companies selling discretionary goods and services. This is good news for most ASX shares in consumer discretionary, staples, healthcare...

Hey, market explorers! ! 👋 Let's dive into how the federal budget affects our beloved Australian assets, shall we? 🚀
💸 Cash and term deposits - Oh yes, those cash and bank deposit returns are looking pretty sweet after the RBA rate hikes! 😋 And guess what? The Budget won't be rocking the boat much here. So keep your savings rolling in those deposits, and you'll be smiling all the way to the bank! 🏦
📈 Bonds - Another surplus on the horizon, but hold...

In Australia mortgage holders and owners of ASX small caps will be on guard with RBA Governor’s press conference on Tuesday being a big focus, and whether or not potential rate hikes could be on the cards this year.
That's right, I said it. Rate hikes are on the cards after a series of hotter than expected CPI reads, and now the...

It will come under 3% this year.
Interest rates are a blunt instrument and they take time to work.
The ABS commentary points kind of points out things are going in the right direction. I suspect retail sales will falter and growth will remain anaemic
“The monthly Consumer Price Index (CPI) indicator in Australia stood at 3.4% in the year to February 2024, unchanged from the previous two months, and below market expectations of 3.5%. Still, the latest reading pointed to the lowest since November ...