Australian Interest Rates

Weekly Update | 8th September 2023

Murdoch is joined by Josh Manning, the founder and portfolio manager at Manning Asset Management, to discuss Australian credit markets.

I spoke with AMP's Diana Mousina and buyers agent Pete Wargent to find out.

Businesses appear focused on paying shareholders rather than building new equipment/technology, creating a productivity/inflation problem.

An active taper is a live option as is the ability to capitalise on "greeniums" on ESG bonds...

Extreme competition in the banking sector has allowed most borrowers to avoid some of the RBA's rate increases

Mortgage rates have risen by less than the cash rate, although there has still been a substantial increase in loan payments.

Similar to the US experience, core goods inflation has slumped, but services inflation remains high.

Consumer spending could hold up for longer than commonly thought if households change their saving behaviour.