IWP - Market Update - June 2024 cover art

IWP - Market Update - June 2024

IWP - Market Update - June 2024

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June 2024 Summary:

This month Shane and Chris walk through the months market and economic events:

  1. Unexpected rise in Australian unemployment (4.10% versus expected 3.9%)
  2. 2024 Federal Budget – was it a net positive or negative for inflation?
  3. Interest rates – both here in Australia and in the US
    • Australia - Bullock stating that the RBA will target a gradual approach as they want to maintain strong jobs
    • US – Economy looks to be slowing – e.g. Jobs Openings data overnight

Link to youTube - https://www.youtube.com/watch?v=7fQse_tgRLA

Link to the Monthly Update Slide Deck - https://tinyurl.com/25mqj5zp

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.