Mojo ♻️May 27, 2025

The US dollar's sharp decline is causing concern for Australia's $4 trillion superannuation pool. Rising US bond yields and mortgage rates could impact global markets, affecting Australian investments and the economy.

#Finance #Superannuation #USDollar #GlobalEconomy #auseconomy

https://amp.abc.net.au/article/105345312

'Panic' in some quarters as US dollar dive puts pressure on Australia's $4 trillion superannuation pool

It is a threat to Australian borrowers on fixed-interest mortgages, and a concern for anyone with exposure to US assets, including through superannuation.

ABC News
Mencari NewsMay 20, 2025
RBA cuts interest rate to 3.85%β€”first reduction since 2020! With inflation below 3%, property experts project housing prices to rise 4-6% in 2025. Could this trigger the property market turnaround we've been waiting for? #AusEconomy #RBA #HousingMarket https://bit.ly/43ojuUy
BREAKING: RBA Cuts Interest Rate to 3.85% as Housing Market Poised for Recovery

First Interest Rate Reduction Since 2020 Signals Economic Shift as Australia Navigates Global Uncertainties

MENCARI - Delivered fearless reporting to you
Mencari NewsMay 16, 2025
🚨 3 MILLION Aussies could get a pay rise! Albanese Gov just backed real wage increase for cleaners, retail workers & childcare staff. Inflation now at 2.4%, within RBA target. How will this affect YOU? #AusEconomy #WageGrowth #FairWorkAU https://www.readmencari.com/p/wage-boost-albanese-government-backs
WAGE BOOST: Albanese Government Backs Real Increase for 3 Million Low-Paid Australian Workers

Cost of Living Relief Continues as Government Submission to Fair Work Commission Targets Award Workers

MENCARI - Delivered fearless reporting to you
Mencari NewsMay 15, 2025
BREAKING: Australia adds 89,000 jobs in April with women securing 73% of new positions. Unemployment steady at 4.1% while participation among parents hits record 88.3%. Is the future of work female? Full analysis: #AusEconomy #JobsData https://www.readmencari.com/p/australias-employment-boom-women
AUSTRALIA'S EMPLOYMENT BOOM: WOMEN AND MID-CAREER PROFESSIONALS LEAD APRIL JOB SURGE

Labor Market Defies Global Trends as Female Workers Drive Record Growth and Participation Rates Climb

MENCARI - Delivered fearless reporting to you
Mencari NewsMay 14, 2025
πŸ“ˆ BREAKING: Australian wages grow 3.4% in year to March, first acceleration since mid-2024. Public sector leads at 3.6% while enterprise agreements drive over half of all growth. What does this mean for your paycheck? #AusEconomy #WageGrowth https://www.readmencari.com/p/australian-pay-growth-hits-34-in
Australian Pay Growth Hits 3.4% In First Increase Since Mid-2024

Economic Momentum Builds As Enterprise Agreements Drive Wage Recovery

MENCARI - Delivered fearless reporting to you
Mencari NewsMay 1, 2025
πŸ’Έ BREAKING: Inflation down from 6% to 2.4%, jobs growing, real wages up. "We're turning the corner," says PM Albanese. 20% off HECS debt + cheaper childcare on offer. Is your wallet feeling the difference? #CostOfLiving #AusEconomy
Mojo ♻️Feb 4, 2025

New survey reveals financial struggles for many Australians: 1 in 5 have less than $100 in savings, while 10.3% have no savings but are debt-free. 15.8% are in debt or seeing it grow, and 26.5% say their savings are declining or they’re saving less than usual. Only 4.2% saved more in the past year, with 16.6% managing to save consistently. #FinancialWellness #SavingsStruggles #ausecon #auseconomy #auspol

https://www.9news.com.au/national/nearly-one-in-five-australians-less-than-100-dollars-in-savings-research-reveals/36228757-5d7d-481c-b05e-5b533040b357

One in five Australians have less than $100 in their savings account, new survey finds

<p>Hο»Ώigh grocery prices, rising insurance premiums, and increased power prices are all but emptying savings accounts.</p>

9News
Mojo ♻️Sep 24, 2024

Australian mortgage holders are facing a financial squeeze, with monthly home loan repayments hitting $14.5 billion in June 2024, according to Reserve Bank data. Shockingly, 66% of this was just interest, a $5.5 billion rise since March 2022. Many are desperately waiting for rate cuts to ease the burden. #HomeLoans #InterestRates #RBA #Auspol #auseconomy #massimmigration

https://www.9news.com.au/finance/interest-rates-australia-mortgage-holders-paying-billions-while-awaiting-rate-cuts/870303c2-887f-455c-9fbd-3144d3d7f96c

Australian mortgage holders crippled by billions in repayments as they await rate cuts

<p>A staggering 66 per cent of the $14.5 billion figure in June were interest charges, Canstar found.</p>

9News
Mojo ♻️Sep 5, 2024
More people are seeking help as Australia's economy slows down, #RBA governor acknowledges "Some may ultimately make the difficult decision to sell their homes"
#ausecon #auspol #LuckyCountry #BetterNotBigger #auseconomy
https://www.abc.net.au/news/2024-09-05/rba-michele-bullock-more-australians-seeking-help-cost-of-living/104313588
More people are seeking help as Australia's economy slows down, RBA governor acknowledges

RBA governor Michele Bullock says more people are seeking help from community organisations as the economy slows down, but the fight against inflation must be won.

ABC News
Mojo ♻️Aug 31, 2024
Why Australia's Economy is Doing Surprisingly Badly - #auspol #dutchdisease #auseconomy https://www.youtube.com/watch?v=o5mE_ZVp34U
Why Australia's Economy is Doing Worse than It Looks

YouTube