Further hikes ahead as RBA inflation forecasts upgraded

Video

The RBA has increased the cash rate by 175 basis points in the space of four meetings. This is the most aggressive tightening from the RBA in a four-meeting window since inflation targeting commenced in 1993. However, the latest move will not be the last in the cycle.

The RBA has revised its inflation and growth forecasts, which are consistent with our expectation that the cash rate will move higher and into contractionary territory.
What will this mean for growth in Australia? And what are the implications for the property market?

Watch this short video to find out more:

Economic Insights - 4 August 2022

Take the next steps

  • BT Investment Solutions (BTIS)
    BTIS delivers an institutional grade investment management capability across a range of solutions, from low-cost index portfolios to actively managed strategies.

Australian investors are transitioning into an exciting phase where two significant investment management trends are coming together – the rise of managed accounts and the surge in sustainable investing. As investors demand more transparency and more authentic responsible investment practices, it seems they’re a match made in heaven.
Article
After last financial year’s strong super fund returns, there may have been an expectation that this year’s returns will be similar. As we near the end of this financial year, we look at why they won’t.
Article
BT’s Chief Investment Officer Corrin Collocott shares the five key investment themes his team is focused on in 2022 and what this means for your super.
Article

 


This document has been created by Westpac Financial Services Limited (ABN 20 000 241 127, AFSL 233716). It provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such. This information has been prepared without taking account of your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs. Projections given above are predicative in character. Whilst every effort has been taken to ensure that the assumptions on which the projections are based are reasonable, the projections may be based on incorrect assumptions or may not consider known or unknown risks and uncertainties. The results ultimately achieved may differ materially from these projections. This document may contain material provided by third parties derived from sources believed to be accurate at its issue date. While such material is published with necessary permission, Westpac Financial Services Limited does not accept any responsibility for the accuracy or completeness of or endorses any such material. Except where contrary to law, Westpac Financial Services Limited intends by this notice to exclude liability for this material. Information current as at 10 December 2021. © Westpac Financial Services Limited 2021.