Since last month’s wrap, we have seen further gains in most agricultural commodity prices, tentative signs of a stabilisation in fertiliser prices, combined with a lower AUD and a weakening global growth outlook.

RBA rushing to neutral, rates to reach 2.10% by year-end.

A solid result despite virus disruptions early in the year.

An exclusive webinar on Perth’s property market and rent roll insights for real estate agents. Watch now.

Australia’s wellbeing falls, but the gap by income now at its narrowest in almost 3 years. Wellbeing diverging across the country, highest in TAS & lowest in WA. Home ownership a significant differentiator. Household financial stress up slightly but falling for low income earners & rising sharply for those on higher incomes. The share of Australians experiencing some form of financial hardship now at a survey low.

Strong CPI to bring forward first rate increase to May.

The changing workplace – attitudes to jobs, working from home & barriers to returning to the office.

RBA to hike rates in June, July, August and November, followed by a more gradual path through 2023 and 2024.

NAB now sees the first rate hike coming in August; Gradual normalisation to follow through in 2023 and 2024.

Wellbeing rose in Q4 to levels last seen before the pandemic & household financial stress remains well below the survey average.

A strong rebound in activity as lockdowns end.

Despite everything the COVID-19 pandemic has thrown at the small business community the spirit of entrepreneurship is alive and well in Australia.

RBA to hike in November, QE to end in February as expected.

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