I'm all for making sure everyone, especially women 👩, Indigenous Australians 🌍, and those with lower incomes 💰, can enjoy the peace of mind that a secure pension brings. Budget time is here, and I'm crossing my fingers 🤞 that this important issue gets the attention it deserves!
So, what do you think? How can we make our pension system even more equitable and inclusive?
Let's chat in the comments! 👇💬
So, what do you think? How can we make our pension system even more equitable and inclusive?
Let's chat in the comments! 👇💬
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Central banks never know... They don't understand where money comes from, or how to manage an economy, for an organisation that has one job they seem to miss the calamity more than once a decade... 🤷♂️
Money happens outside the purview of central banks & governments at a scale that dwarfs any government....
Money happens outside the purview of central banks & governments at a scale that dwarfs any government....
2
$Encounter Resources Ltd(ENR.AU$
📈 GMMA downtrend order broken
✅ Strong buying from traders → wide separation of MA lines in short-term group
🟢 Investor sell off has eased. Starting to buy in → long-term MA lines show early signs of activity and expansion
📈 GMMA downtrend order broken
✅ Strong buying from traders → wide separation of MA lines in short-term group
🟢 Investor sell off has eased. Starting to buy in → long-term MA lines show early signs of activity and expansion
2
According to Australia's official Monthly CPI Indicator, prices for food & non-alcoholic beverages rose 3.5% over the 12 months to March 2024, the same rate as the overall Indicator.
Elevated price inflation for food & non-alcoholic beverages has been a global phenomenon over the last three years. However, food price inflation in Australia over the period did not reach the peaks experienced in most comparable countries.
$S&P/ASX 200(.XJO.AU$
Elevated price inflation for food & non-alcoholic beverages has been a global phenomenon over the last three years. However, food price inflation in Australia over the period did not reach the peaks experienced in most comparable countries.
$S&P/ASX 200(.XJO.AU$
4
If Woolies ( $Woolworths Group Ltd(WOW.AU$ ) and Coles ( $Coles Group Ltd(COL.AU$ ) were gouging as politicians claim, we would be seeing bumper profits and booming share prices. They make about $2.50 per $100 we spend – that’s it, end of story….Politicians blatantly lie about everything – you should know that by now.
1
$Woodside Energy Group Ltd(WDS.AU$ All the hedge fund fools shorting $WDS this morning 🤣🤣🤣🤣🤣🤣
$Rio Tinto Ltd(RIO.AU$ Strategic Report suggests $1.2bn spend on greenfield projects in Copper and Lithium
It will come under 3% this year.
Interest rates are a blunt instrument and they take time to work.
The ABS commentary points kind of points out things are going in the right direction. I suspect retail sales will falter and growth will remain anaemic
“The monthly Consumer Price Index (CPI) indicator in Australia stood at 3.4% in the year to February 2024, unchanged from the previous two months, and below market expectations of 3.5%. Still, the latest reading pointed to the lowest since November ...
Interest rates are a blunt instrument and they take time to work.
The ABS commentary points kind of points out things are going in the right direction. I suspect retail sales will falter and growth will remain anaemic
“The monthly Consumer Price Index (CPI) indicator in Australia stood at 3.4% in the year to February 2024, unchanged from the previous two months, and below market expectations of 3.5%. Still, the latest reading pointed to the lowest since November ...
2
There’s not a huge amount of top-tier data this week, which will also be cut short to four days due to the long Easter weekend. Of course, the standout event domestically is the monthly CPI report. The RBA still deem inflation as “too high” so softer figures will be welcomed, but we really need to see falling inflation alongside a notably weaker jobs market before we can get too excited about RBA cuts, I my opinion.
The fact is that in...
The fact is that in...
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