Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
I caught up with Senator Rennick (LNP Queensland) after his recent outings in Senate Estimates and his speech on Superannuation. We explored the broader economic issues which we face, and why we need some different approaches from our regulators and the RBA.
Go to the Walk The World Universe at https://walktheworld.com.au/
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I caught up with Senator Rennick (LNP Queensland) after his recent outings in Senate Estimates and his speech on Superannuation. We explored the broader economic issues which we face, and why we need some different approaches from our regulators and the RBA.
Go to the Walk The World Universe at https://walktheworld.com.au/
Another extract from the recent Senate Estimates with the RBA. This on consolidates Nick McKim’s questions about inflation, and what is driving it – and whether higher interest rates cause more inflation!
Go to the Walk The World Universe at https://walktheworld.com.au/
Another in our series of Senate Estimate shorts, this one where Senator Rennick asks about the Australian Gold held by the Bank of England in their vaults.
Go to the Walk The World Universe at https://walktheworld.com.au/
Another in our series of shorts from the Senate Estimates quizzing the RBA. In this one Senator Matthew Canavan probs the financial status of the bank. Go to the Walk The World Universe at https://walktheworld.com.au/
Another short from yesterday’s Senates Estimate with the RBA. This is Senator Andrew Bragg on the RBA’s Central Bank Digital Currency pilot.
Go to the Walk The World Universe at https://walktheworld.com.au/
A second grab from Senate Estimates today as Senator Rennick sought information relating to the Bank for International Settlements and Central Banks.
Time for transparency!
The latest edition of our finance and property news digest with a distinctively Australian flavour.
Go to the Walk The World Universe at https://walktheworld.com.au/
The RBA was in Senate estimates today and a good range of important topics was discussed. First off the rank is Senator Rennick talking about the Term Funding Facility (TFF) where Tax-Payer money is subsidizing bank profit.
Given the world have changed dramatically since the TFF was launched, this inequitable scheme should be closed out, along the lines of the ECB.
Kudos to Senator Rennick for tabling the issue.
More RBA shorts coming ahead!
The latest edition of our finance and property news digest with a distinctively Australian flavour.
Go to the Walk The World Universe at https://walktheworld.com.au/
The RBA released their latest Statement On Monetary Policy, which contained a higher forecast inflation rate, and a lower growth forecast, out beyond 2024. Their revisions to growth are down again, while rates would have to be higher for longer.
Compared with other Central Banks, the RBA is being too timid which will mean more pressure on households and businesses for longer.
https://www.rba.gov.au/publications/smp/2022/nov/
Go to the Walk The World Universe at https://walktheworld.com.au/
I discuss the fallout from the RBA rate hikes with Steve Mickenbecker from Canstar.
We look at strategies to alleviate the pain of higher rates, the risks within some approaches and the broader issues of negative equity and mortgage prisoners.
Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.
https://www.canstar.com.au/team-members/steve-mickenbecker/
Go to the Walk The World Universe at https://walktheworld.com.au/
