RBA June 2019 - Why there's more to this Rate Cut than you think...

So… no surprises here folks. We’ve got a rate cut!

Phillip Lowe already indicated RBA’s decision to cut the cash rate two weeks ago in his Address to the Economic Society of Australia.

Nonetheless, we are still excited to share that the cash rate is now at 1.25%. AND there are heaps to unpack today folks and is probably the longest RBA Commentary that Ben has ever done. Before we get there, here are a few resources that he’s mentioned:RBA’s Statement on Monetary Policy – May 2019The Morrison Government’s First Home Loan Deposit SchemeThe new low and middle-income tax offset announced in the 2018 – 19 Budget Now, let’s dive into RBA June 2019 Cash Rate Announcement!

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice. The Property Couch, its employees or its contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

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