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Weekly Wrap 27 October
Higher fuel prices, rising rental costs and increased electricity prices were the key drivers of Australia’s inflation rate rising 1.2% in the September quarter, which is unsurprising as these drivers have remained the sticky points in taming inflation. This week, we explore how a 25-basis points rate hike may impact investment portfolios, the cost-of-living, and Aussie companies.
In this week’s wrap, Grady covers:
- (0:11) key drivers of Australia’s inflation rate,
- (0:34) economists expecting a rate hike,
- (1:16) the Senate estimates hearing on Tuesday,
- (2:20) what the rate hike will mean for investors and businesses
- (3:06) quarterly trading updates and results,
- (4:37) the best performing stocks in the ASX200,
- (5:44) the most traded stocks & ETFs by Bell Direct clients, and
- (6:15) five economic news items to watch out for.
Read the transcript article here
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