Listen "Weekly Wrap 27 October"
Episode Synopsis
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.
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