Market movements & review video – August 2022

Stay up to date with what’s happened in Australian markets over the past month.

Rising inflation and interest rates remained the focus of attention in July.

Inflation jumped to 6.1% in the year to June and the Reserve Bank lifted the cash rate by 50 basis points to 1.35% in July, with similar increases tipped to come.

Stocks rallied as investors looked past fears of inflation increases and interest rate hikes.

Click the video below to view our August update.

Please get in touch if you’d like assistance with your personal financial situation.

Share this post