Episode# 88: Has the RBA finished rate hikes?

Increasing evidence is mounting to suggest rate hikes are beginning to bite, with a fall in real retail sales for three quarters in a row, a sharp slump in building approvals and slowing GDP growth. AMP's Chief Economist, Dr. Shane Oliver makes the case for why we are likely at the peak for interest rates in Australia in 2023, arguing the RBA has done more than enough to bring inflation back to target. Read Oliver's insights here: https://www.amp.com.au/insights-hub/blog/investing/olivers-insights-rba-and-the-australian-economy Important information: This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser before deciding what’s right for you. Any general tax information provided is intended as a guide only. Remember the value of investments may go up or down and you may not get back the amount you invested. The opinions and views featured in this podcast reflect the individual’s own. Date of publication 14 September 2023. AWM Services Pty Ltd ABN 15 139 353 496, AFSL No. 366121, part of the AMP Group.