Market movements & review video – August 2022
Stay up to date with what’s happened in the Australian economy and markets over the past month.
Rising inflation and interest rates remained the focus of attention in July.
Inflation jumped to 6.1% in the year to June and the Reserve Bank lifted the cash rate in July, with similar increases tipped to come.
Stocks rallied as investors looked past fears of inflation increases and interest rate hikes.
Click the video below to view our August update.
Please get in touch if you’d like assistance with your personal financial situation.
Alex O’Neill and Plan Financial Solutions Pty Ltd (ABN: 44 648 985 479) are Authorised Representatives of Synchron AFS Licence No. 243313
Unless specifically indicated, the information contained in this email is general in nature and does not take into account your personal situation.
You should consider whether the information is appropriate to your needs, and where appropriate, seek personal advice from a financial adviser.