Why this rate rise will rattle corporate Australia and investors
Plunging consumer stocks are the canary in the coal mine for the corporate sector, and Tuesday’s rate rise will expand the pockets of pain investors are seeing.
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Plunging consumer stocks are the canary in the coal mine for the corporate sector, and Tuesday’s rate rise will expand the pockets of pain investors are seeing.
The stunning turnaround in house prices hides some worrying issues in the housing sector and the broader economy.
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Spared from the worries of rising home loan repayments after nine rate rises, most younger consumers are still spending briskly.