As the winter chill lingers, we’re looking ahead to spring and the brighter days it promises.
Global markets remain shaped by shifting interest rates and tariffs.
Here in Australia, softer inflation data has opened the door to a possible rate cut. CPI slowed more than expected to 2.1% annually, down from 2.4%, while core inflation, the RBA’s preferred measure, eased to 2.7% from 2.9%.
In the US, interest rates were held steady in July despite pressure from President Trump. The greenback dipped in response, giving the Australian dollar a modest lift after recent volatility.
The US S&P 500 and Nasdaq 100 continue to hit record highs, supported by the finalisation of tariffs and surging AI investment.
Back home, the S&P/ASX 200 also notched an all-time high after another volatile month. Consumer confidence is showing signs of improvement, with the July Westpac–Melbourne Institute Consumer Sentiment Index buoyed by the prospect of rate cuts this year.
In this month’s newsletter, we explore how to keep your cool when markets heat up, why planning is key as SMSFs enter a new phase, and how to clear out your digital cobwebs.
As always, if you have any questions, don’t hesitate to get in touch.