Friday, 09 June, 2023

AFR: Why the cash rate could hit 5pc before the RBA is done

With labour costs, not profits, the biggest driver of inflation, the central bank will have to go higher to crush Australia’s wage-price spiral Christopher Joye, portfolio manager, Coolabah Capital Investments Over at the AFR I write that on December 9, 2021, Coolabah’s internal research team presented highly contrarian analysis regarding where the Reserve Bank of Australia would take interest rates over the coming years. This was part of a weekly “hunger games” competition that we […] Read More