Excellent question Kneppy regarding where is the scrutiny on higher fuel prices in Australia, the toothless tiger ACCC stands idle while we all get gouged! Warren Hogan is doing his best to advocate rate rises which benefits his employer Judo Bank's net interest margins. His comment "RBA can't walk away from this CPI result" is completely misguided. This CPI result (yesterday) showed prices fell 0.1% for May, yes that's right prices fell in May!! But since the May 2023 CPI number was a fall of 0.4%, that number now drops out of the annual CPI figure. But as you point out Kneppy, when the high June - Sep 2023 numbers fall out of the annual figures in the months ahead, we could conceivably see the annual CPI close to 3%.
the macroeconomic environment will change when RBA decision in August comes around….. inflation numbers didnt look too promising, what happens if rates go up?
@@KingGear- Kneppy With hindsight. ( gold $2100 - early1980's leading up to 18% mortgage rates in Australia , leading to the- 87 Crash - after the inflation of the late 1970's) - it feels very similar .I recommend Christopher Joyce from AFR as essential research IMHO Cheers
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Excellent question Kneppy regarding where is the scrutiny on higher fuel prices in Australia, the toothless tiger ACCC stands idle while we all get gouged!
Warren Hogan is doing his best to advocate rate rises which benefits his employer Judo Bank's net interest margins. His comment "RBA can't walk away from this CPI result" is completely misguided. This CPI result (yesterday) showed prices fell 0.1% for May, yes that's right prices fell in May!! But since the May 2023 CPI number was a fall of 0.4%, that number now drops out of the annual CPI figure. But as you point out Kneppy, when the high June - Sep 2023 numbers fall out of the annual figures in the months ahead, we could conceivably see the annual CPI close to 3%.
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The CSL debt is the elephant in the room.
the macroeconomic environment will change when RBA decision in August comes around….. inflation numbers didnt look too promising, what happens if rates go up?
@@KingGear- Kneppy
With hindsight. ( gold $2100 - early1980's leading up to 18% mortgage rates in Australia , leading to the- 87 Crash - after the inflation of the late 1970's) - it feels very similar .I recommend Christopher Joyce from AFR as essential research IMHO
Cheers
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What is a good a amount of money to in vest for a long term stock
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Brilliant response Thankyou, always learning new ways to analyse from you
Glad you enjoyed it
will HVN get hit by higher interest rate for their properties?
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@@kneppyinvests7584 Thank you Mr Kneppy