The current interest rate environment is challenging. Australia’s cash rate has risen 12 times from .10% back in April 2022 to 4.10% in June 2023 – an increase of 4.00%. With the RBA remaining steadfast to its inflationary target to ensure inflation does not become entrenched, the likelihood is of more pain before some light on the horizon. As finance and mortgage brokers we are assisting mortgage holders through this time and wanted to share some guidance and tips for consideration.
How to ease the cost of living pressure with rising inflation
Inflation, the persistent rise in prices of goods and services over time, can erode the purchasing power of money and negatively impact financial well-being. As inflation rates sit above cash rates, consumers and investors need to be proactive in protecting their finances and finding ways to outpace inflation. In this article, we’ll explore practical and effective strategies to help you manage your expenses.
How to ease the cost of living pressure with rising inflation
By Angela Reade, Associate Financial Adviser. Inflation, the persistent rise in prices of goods and services over time, can erode the purchasing power of money and negatively impact financial well-being. As inflation rates sit above cash rates, consumers and investors...
Navigating the current interest rate environment
By Anthony Landahl Managing Director of Equilibria Finance The current interest rate environment is challenging. Australia’s cash rate has risen 12 times from .10% back in April 2022 to 4.10% in June 2023 - an increase of 4.00%. With the RBA remaining steadfast to its...
What does the recent review of the Reserve Bank of Australia mean for you?
Findings, and recommendations of a historic independent review of the Reserve Bank of Australia (RBA) have been released. A comprehensive look under the hood of Australia’s central bank, as well as the bank’s own internal governance and processes.
Managing Director and Senior Financial Adviser, Phil Win hosts Q&A session: Managing cash flow as we transition to ‘normal’
Hear his insights from a macro and micro viewpoint on things to consider for either yourself, family or friends.