Thu, 22nd May 2025
from Finance News Wrap Hosted by Paige Estritori
In this episode of the Weekly Finance News Wrap, Paige Estritori discusses various aspects of Australia's economic landscape. The Reserve Bank of Australia announced another cut in the cash rate, providing relief for mortgage holders but stirring worry about a predicted 10% increase in house pricing by year-end. Notable shifts in investment strategies have seen a 162% rise in global equity ETF inflows, with investors' caution towards currency risk highlighted by growing interest in options like BlackRock's iShares S&P 500. Despite recent trade improvements, the next RBA meeting is likely to see an additional rate cut. Statistics from the Australian Bureau paint a concerning picture of economic health, with historic decreases in real per capita household disposable income. Despite these challenges, the show emphasises Australia's resilience and the importance of informed financial strategies.n
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