Money

RBA’s singla inflation fighting tool hits households hard

Published

6 months ago

November 13, 2023

ticker NEWS

The Reserve Bank of Australia (RBA) is facing a tough battle against rising inflation, and its primary weapon, interest rates, is taking a toll on households.

With limited options at its disposal, the RBA finds itself in a challenging position as it strives to maintain economic stability.

As inflation continues to surge, the RBA’s only tool is to raise interest rates, a move that impacts homeowners with variable-rate mortgages and borrowers alike. Higher interest rates mean increased monthly repayments for existing mortgage holders, putting pressure on household budgets already stretched thin due to rising living costs.

The dilemma for the RBA is striking the right balance between curbing inflation and avoiding excessive economic slowdown.

Pushing interest rates too high too quickly could lead to reduced consumer spending and potentially trigger a recession.

With inflation at its highest in years, the RBA faces the unenviable task of choosing between taming price increases and shielding households from financial stress.

As the nation watches the RBA’s every move, the central bank must navigate this challenging economic landscape carefully. #featured

Money

Why the meme-stock frenzy is unlikely to repeat

Published

2 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

2 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

3 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending