RBA Cash Rate September 2022: From Trough to Peak: How Bad Is Today’s Market?
The Property Couch
00:00
Retail Sals
Average size of pay rise in the june quarter was three point eight %. Households are certainly acting to the most aggressive rate a tightening cycle since 19 93. It's logical to expect a this will translate into weaker general household spending as more household budgets get swallowed by higher mortgage or rent, or epayments for many. This should then also play into the mood and decision making of businesses leading to an overall slowing of the economy. But we did see retail sals growth accelerate again in july, notching up the seventh consecutive monthly increases and taking sals to a new record high.
Transcript
Play full episode
