{"id":48012,"date":"2024-02-02T07:40:54","date_gmt":"2024-02-02T07:40:54","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=48012"},"modified":"2024-02-02T07:40:54","modified_gmt":"2024-02-02T07:40:54","slug":"australian-cpi-falls-but-no-rate-cuts-in-sight","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/","title":{"rendered":"Australian CPI falls but no rate cuts in sight"},"content":{"rendered":"<p>Quarterly CPI fell to 4.1% for the 12 months to December, while the trimmed mean is not far behind at 4.2%.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-02-aus-cpi.png?resize=525%2C292&#038;ssl=1\" alt=\"CPI &amp; Trimmed Mean\" width=\"525\" height=\"292\" \/><\/p>\n<p>Household rent increases remain strong, however, boosted by a surge in immigration.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-02-aus-cpi-rents.png?resize=525%2C292&#038;ssl=1\" alt=\"CPI - Rents\" width=\"525\" height=\"292\" \/><\/p>\n<h2>Conclusion<\/h2>\n<p>Inflation, apart from rents is generally falling as the economy slows. But the RBA is unlikely to cut rates soon unless we see a sharp contraction in household consumption.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-02-02-aus-mckibbin-600x135.png?resize=525%2C118&#038;ssl=1\" alt=\"Warwick McKibbin\" width=\"525\" height=\"118\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quarterly CPI fell to 4.1% for the 12 months to December, while the trimmed mean is not far behind at 4.2%. Household rent increases remain strong, however, boosted by a surge in immigration. Conclusion Inflation, apart from rents is generally falling as the economy slows. But the RBA is unlikely to cut rates soon unless &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Australian CPI falls but no rate cuts in sight&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,31,13],"tags":[290,1828,1858,2860],"class_list":["post-48012","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-the-fed-banks-interest-rates","category-inflation-economy","tag-australia","tag-inflation","tag-interest-rates","tag-rba"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australian CPI falls but no rate cuts in sight - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian CPI falls but no rate cuts in sight - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Quarterly CPI fell to 4.1% for the 12 months to December, while the trimmed mean is not far behind at 4.2%. Household rent increases remain strong, however, boosted by a surge in immigration. Conclusion Inflation, apart from rents is generally falling as the economy slows. But the RBA is unlikely to cut rates soon unless &hellip; Continue reading &quot;Australian CPI falls but no rate cuts in sight&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-02T07:40:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-02-02-aus-cpi.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Australian CPI falls but no rate cuts in sight\",\"datePublished\":\"2024-02-02T07:40:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/\"},\"wordCount\":69,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2024\\\/2024-02-02-aus-cpi.png\",\"keywords\":[\"Australia\",\"Inflation\",\"interest rates\",\"RBA\"],\"articleSection\":[\"Australia &amp; NZ\",\"Banks &amp; Interest Rates\",\"Inflation\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/\",\"name\":\"Australian CPI falls but no rate cuts in sight - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2024\\\/2024-02-02-aus-cpi.png\",\"datePublished\":\"2024-02-02T07:40:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2024\\\/2024-02-02-aus-cpi.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2024\\\/2024-02-02-aus-cpi.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2024\\\/02\\\/02\\\/australian-cpi-falls-but-no-rate-cuts-in-sight\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australian CPI falls but no rate cuts in sight\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/thepatientinvestor.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=61572934660810\",\"https:\\\/\\\/www.instagram.com\\\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\",\"name\":\"Colin Twiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"caption\":\"Colin Twiggs\"},\"description\":\"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\\\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.\",\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/people\\\/The-Patient-Investor\\\/61572934660810\\\/\",\"https:\\\/\\\/www.instagram.com\\\/colin_thepatientinvestor\",\"https:\\\/\\\/au.linkedin.com\\\/in\\\/colintwiggs\"],\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/author\\\/investor\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Australian CPI falls but no rate cuts in sight - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Australian CPI falls but no rate cuts in sight - the patient investor","og_description":"Quarterly CPI fell to 4.1% for the 12 months to December, while the trimmed mean is not far behind at 4.2%. Household rent increases remain strong, however, boosted by a surge in immigration. Conclusion Inflation, apart from rents is generally falling as the economy slows. But the RBA is unlikely to cut rates soon unless &hellip; Continue reading \"Australian CPI falls but no rate cuts in sight\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_author":"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","article_published_time":"2024-02-02T07:40:54+00:00","og_image":[{"url":"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-02-02-aus-cpi.png","type":"","width":"","height":""}],"author":"Colin Twiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Colin Twiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/"},"author":{"name":"Colin Twiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454"},"headline":"Australian CPI falls but no rate cuts in sight","datePublished":"2024-02-02T07:40:54+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/"},"wordCount":69,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-02-02-aus-cpi.png","keywords":["Australia","Inflation","interest rates","RBA"],"articleSection":["Australia &amp; NZ","Banks &amp; Interest Rates","Inflation"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/","name":"Australian CPI falls but no rate cuts in sight - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-02-02-aus-cpi.png","datePublished":"2024-02-02T07:40:54+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-02-02-aus-cpi.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2024\/2024-02-02-aus-cpi.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2024\/02\/02\/australian-cpi-falls-but-no-rate-cuts-in-sight\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Australian CPI falls but no rate cuts in sight"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454","name":"Colin Twiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","caption":"Colin Twiggs"},"description":"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-cuo","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":36266,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/08\/09\/australia-consumer-sentiment-low-but-spending-high\/","url_meta":{"origin":48012,"position":0},"title":"Australia | Consumer sentiment low but spending high","author":"Colin Twiggs","date":"August 9, 2022","format":false,"excerpt":"The Westpac Melbourne Institute of Consumer Sentiment Index fell by 3% from 83.8 in July to 81.2 in August. This reading is on a par with the lows of the COVID and Global Financial Crisis although still well above the lows during the late 80\u2019s early 90\u2019s recession. (Elliot Clarke,\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australia: Consumer Sentiment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-08-09-aus-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":45717,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/11\/28\/australia-more-rate-hikes-or-tighter-liquidity\/","url_meta":{"origin":48012,"position":1},"title":"Australia: More rate hikes or tighter liquidity","author":"Colin Twiggs","date":"November 28, 2023","format":false,"excerpt":"The media focused on a passing \"dentists and hairdressers\" comment instead of the key message from Michele Bullock's address to Australian Business Economists. The new RBA governor highlighted three elements that point to inflation becoming increasingly demand-driven. First, inflation is broadly-based. Trimmed mean inflation remains too high at 5.4% p.a.\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"CPI Monthly","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-27-aus-monthly-cpi.gif?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-27-aus-monthly-cpi.gif?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-27-aus-monthly-cpi.gif?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-11-27-aus-monthly-cpi.gif?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":38974,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/11\/22\/australias-debt-end-game\/","url_meta":{"origin":48012,"position":2},"title":"Australia&#8217;s debt end game","author":"Colin Twiggs","date":"November 22, 2022","format":false,"excerpt":"We are nearing the end of a thirty year bull market in credit, during which time the overnight cash rate in Australia fell from 18% in 1989 to 0.03% in 2021. Low interest rates enabled households to borrow more relative to their income, with housing debt expanding 4.5 times, over\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41816,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/04\/27\/australia-inflation-is-a-long-term-problem\/","url_meta":{"origin":48012,"position":3},"title":"Australia: Inflation is a long-term problem","author":"Colin Twiggs","date":"April 27, 2023","format":false,"excerpt":"CPI growth dropped to 7.0% for the 12 months ending March, from 7.8% in December. The RBA's favorite long-term measure, trimmed mean inflation, which eliminates the highest and lowest readings across all categories, fell to 6.6% from 6.9% in December. Quarterly growth came in at 1.4% (CPI) and 1.2% (TMI),\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australia: CPI & Trimmed Mean Inflation","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-04-26-cpi-tm.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-04-26-cpi-tm.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-04-26-cpi-tm.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-04-26-cpi-tm.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":41423,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/03\/31\/banks-predict-rba-pause-at-3-85\/","url_meta":{"origin":48012,"position":4},"title":"Banks predict RBA pause at 3.85%","author":"Colin Twiggs","date":"March 31, 2023","format":false,"excerpt":"National Australia Bank (NAB) has now joined Westpac (WBC) in predicting a peak RBA cash rate of 3.85%. The current target rate of 3.60% suggests one further rate hike of 25 basis points at the next RBA meeting on April 4. The shift is driven by monthly CPI falling over\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38388,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/10\/29\/australia-inflation-the-rba-cash-rate\/","url_meta":{"origin":48012,"position":5},"title":"Australia: Inflation &#038; the RBA cash rate","author":"Colin Twiggs","date":"October 29, 2022","format":false,"excerpt":"The consumer price index grew at 7.3% for the 12 months to September, highlighting that Australia is not immune from the high inflation that has beset global economies. Bill Evans (Westpac) calls for a 50 basis point hike at the RBA's November 1st meeting: \"During this period of rising inflation\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/48012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=48012"}],"version-history":[{"count":1,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/48012\/revisions"}],"predecessor-version":[{"id":48013,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/48012\/revisions\/48013"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=48012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=48012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=48012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}