RBA March 2020 - The Coronavirus Spreads Right Across The Economy

It’s the first Tuesday of the month which means the RBA Board has met and announced the official cash rate! And to no surprise, they’ve decided to cut it by 25 basis points to 0.5%. Now, this commentary features Ben’s update on the cash rate as well as the biggest impact on the data this month…

“COVID-19”, aka… The Coronavirus!

As you’re probably aware, the coronavirus has NOT slowed… in fact, it’s definitely leaving its mark on the economy… globally, as well as here in Australia. To give you an idea… last week alone, six trillion dollars was wiped off the world’s stock markets! Six trillion. So, what are we in for?COVID-19 and it’s impact on the global and domestic economyHow is it affecting the demand side of our travel, tourism and educational sectorUpdates on the countermeasures taken by the United States Fed ReserveMovement in the Australian DollarUnemployment rate data and how’s our wage growth performing

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LISTEN TO THE FIRST 20 EPISODES HERE >>

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