LOGIN

RBA November 2024 | Our Predictions Clash: When Will Rates Drop?

Welcome back to the penultimate RBA Rate Announcement of 2024 with your hosts, Ben Kingsley and Evan Lucas! 

Here’s a rundown of what Ben and Evan discuss in today’s episode:

  1. RBA’s Cash Rate Decision: We’re diving into the latest decision from the Reserve Bank of Australia, as announced at 2:30 pm (AEDT) today!
  2. Australia’s Sticky Inflation and Next Rate Cut: Inflation remains the key concern in Australia. Evan shares his thoughts on why childcare subsidies should be prioritised, while he and Ben have a friendly debate over the direction of rates in 2025 – complete with a $50 bet!
  3. All Eyes on the US Federal Elections: The upcoming US presidential election could have major impacts both at home and globally. Rates are expected to trend downwards, but the timing is still uncertain. And will Australia follow the US’s lead on rate cuts next year?
  4. China’s Slow Growth Despite Major Stimulus Efforts: China’s economy is in a delicate balancing act, caught between President Xi’s policies and strict regulations from prior years. With a growth target of 5%, China may need further stimulus, especially if a Trump presidency complicates trade.
  5. Germany’s Tariffs on Chinese EVs: Germany’s economy is showing signs of stress, with companies like Volkswagen feeling the squeeze. This fragility could drive new actions from the European Central Bank. We also discuss the potential impact of a Trump presidency on tariffs and European funding for Ukraine.

PSA: If it’s been some time since you last took a look at your home loan, it might be time to hit up your Mortgage Broker and get a review sorted. With so much changing over the last few years, you need to ensure you’re getting the best deal out there. If you’re on the lookout for an investment-savvy Mortgage Broker, our award-winning sister company Empower Wealth has you covered!

Empower Wealth’s expert team can give your current mortgage a once-over; just head over to their Mortgage Broking page today or fill in the form below to book a free consultation.


 
 
 
 
 
 




 

You might also be interested in

Try Moorr For Free Today

Spend money on the things you want without guilt and save for the future with confidence. You can have the best of both worlds. Achieve more, with Moorr

Moorr

Features

Learn

Legal

Scan the QR code to download
the app

Let's Stay Connected

Facebook-f Twitter Youtube Instagram
  • © Moorr. All Rights Reserved

Let us know how to keep you in the loop!

Let us know how to keep you in the loop!

 
 

Privacy Policy

This following document sets forth the Privacy Policy for this website. We are bound by the Privacy Act 1988 (Crh), which sets out a number of principles concerning the privacy of individuals using this website.

Collection of your personal information

We collect Non-Personally Identifiable Information from visitors to this Website. Non-Personally Identifiable Information is information that cannot by itself be used to identify a particular person or entity, and may include your IP host address, pages viewed, browser type, Internet browsing and usage habits, advertisements that you click on, Internet Service Provider, domain name, the time/date of your visit to this Website, the referring URL and your computer’s operating system.

Free offers & opt-ins

Participation in providing your email address in return for an offer from this site is completely voluntary and the user therefore has a choice whether or not to disclose your information. You may unsubscribe at any time so that you will not receive future emails.

Sharing of your personal information

Your personal information that we collect as a result of you purchasing our products & services, will NOT be shared with any third party, nor will it be used for unsolicited email marketing or spam. We may send you occasional marketing material in relation to our design services.

What Information Do We Collect?

If you choose to correspond with us through email, we may retain the content of your email messages together with your email address and our responses.

Cookie Based Marketing

Some of our advertising campaigns may track users across different websites for the purpose of displaying advertising. We do not know which specific website are used in these campaigns, but you should assume tracking occurs, and if this is an issue you should turn-off third party cookies in your web browser.

How Do We Use Information We Collect from Cookies?

As you visit and browse Our Website, the Our Website uses cookies to differentiate you from other users. In some cases, we also use cookies to prevent you from having to log in more than is necessary for security. Cookies, in conjunction with our web server log files or pixels, allow us to calculate the aggregate number of people visiting Our Website and which parts of the site are most popular. This helps us gather feedback to constantly improve Our Website and better serve our clients. Cookies and pixels do not allow us to gather any personal information about you and we do not intentionally store any personal information that your browser provided to us in your cookies.

IP Addresses

P addresses are used by your computer every time you are connected to the Internet. Your IP address is a number that is used by computers on the network to identify your computer. IP addresses are automatically collected by our web server as part of demographic and profile data known as traffic data so that data (such as the Web pages you request) can be sent to you.

Sharing and Selling Information

We do not share, sell, lend or lease any of the information that uniquely identify a subscriber (such as email addresses or personal details) with anyone except to the extent it is necessary to process transactions or provide Services that you have requested.

How Can You Access and Correct Your Information?

You may request access to all your personally identifiable information that we collect online and maintain in our database by using our contact page form.

Changes to this Privacy Policy

We reserve the right to make amendments to this Privacy Policy at any time. If you have objections to the Privacy Policy, you should not access or use this website. You may contact us at any time with regards to this privacy policy.