August 2022

August 2022

At its meeting today, the Board decided to raise the cash rate by 0.50% to 1.85%

The Governor of the RBA, Philip Lowe’s statement is available in full CLICK HERE

We are definitely experiencing a shift in our economy. 

There is a great link from Macquarie Bank “Navigating a changing economic environment” that I encourage you to watch, which explains where the economy is headed next, with a key to understanding how to best manage your savings, spending and borrowing – to successfully navigate the months ahead.

As always, I’m hear to answer any questions or concerns that you might have, so please don’t hesitate to reach out to me anytime.

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Until next time ….