Australian Economy Update - FY 2022

 Australian Economy Update - FY 2022






Cash Rate at 1.85% in Aug and Inflation 6.1%

The housing sector is weakening with steep ring IR, 1st home buyers from the last 2 years will struggle and fixed mortgage holders will have their mortgages finished in the next 12 months.  


Rising Inflation is a key issue across the globe for the Reserve Bank, with a risk of recession and stagflation


What is Stagflation



Source: CBA FY22 Results

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