This week, Australian inflation surged to levels we haven’t seen for decades, with the annual rate reaching 6.1%.
This week, the increasing interest rates are slowly showing their impact, as the pace of economic activity begins to taper.
CPI has lifted 2.1% which is well above the market forecast of 1.7% - the largest quarterly increase in CPI since 2000.
This week, the Central Bank is determined to fight inflation and we have seen a meaningful fall in government bond yields for the first time.
This week, data on the retail sales for May was released, exceeding expectations, and rising 0.9% compared to market forecasts of 0.3%.
This week, ABE launched our latest Bond Linked Security for Rolls Royce PLC with a fixed coupon of 5.5% p.a. running until February 2026.
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