Pacific Perspectives

Pacific Perspectives 6 Aug 2024

S&P 500, Nasdaq eke out small gain Monday as investors gear up for big tech earnings this week

The S&P 500 ticked higher Monday as Wall Street geared up for a busy week of corporate earnings and looked ahead to a key policy announcement from the U.S. central bank. The broad market index…

Read more
Pacific Perspectives 6 Aug 2024

‘Risks elevated’: APRA holds banks’ mortgage rate buffer at 3pc

The prudential regulator will not relieve borrowers of the 3 per cent interest rate buffer they must absorb before qualifying for a home loan because the economy faces too much uncertainty from inflation, geopolitics and…

Read more
Pacific Perspectives 6 Aug 2024

The price rises creating a big dilemma for the RBA

Higher inflation for items that interest rates have little control over, such as education, healthcare and insurance, will force the Reserve Bank of Australia to consider squashing harder on the prices of other items to…

Read more

Want to explore your wealth potential?

Reach out to our team today