In November 2020, the Reserve Bank of Australia (RBA) cut Australia’s interest rate to the historic low of 0.10 per cent. A year later, the RBA is forecasting this rate will stay in place for at least another year.
Senior Investment Manager, Jukka Viljanmaa, takes a look at the factors that are contributing to the recent lift in inflation, which refers to the way the price of goods, services and assets rise over time.
TPT Long Term Fund and the TPT Select Mortgage Fund have been awarded a ‘superior’ rating by independent research house SQM Research in recognition of TPT Wealth’s highly experienced investment team, strong credit credentials and more than 40-year long track record of funds management.
Jukka Viljanmaa, Senior Investment Manager, takes a closer look at the monthly labour force data, the underlying employment conditions, and what we can expect from unemployment rates over the coming months.