The Reserve Bank of Australia has increased  the cash Rate to 4.85% with Interest rates now at the highest level since November 2008. The other big story for today is the Melbourne cup -  a massive economic driver for the country, with national customer spending forecast to reach a staggering $3.44 billion over the eight-day event. 

Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publish at closing bell Monday to Friday. 

 

The Reserve Bank of Australia has increased&nbsp; the cash Rate to 4.85% with Interest rates now at the highest level since November 2008. The other big story for today is the Melbourne cup -&nbsp; a massive economic driver for the country, with national customer spending forecast to reach a staggering $3.44 billion over the eight-day event.&nbsp;
Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publish at closing bell Monday to Friday.&nbsp;
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The Money News Market Wrap Podcast is your daily snapshot of the latest market news, conveniently delivered straight to your device after the closing bells ring.

From the cost of living, to inflation, and interest rates, never before has the economy been more in focus. So whether you’re a business owner, an investor, a homeowner or renter, an employer or employee, the Money News team will keep you up to date with everything you need to know.

Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publish at closing bell Monday to Friday. 

 

The Money News Market Wrap Podcast is your daily snapshot of the latest market news, conveniently delivered straight to your device after the closing bells ring.
From the cost of living, to inflation, and interest rates, never before has the economy been more in focus.&nbsp;So whether you&rsquo;re a business owner, an investor, a homeowner or renter, an employer or employee, the Money News team will keep you up to date with everything you need to know.
Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publish at closing bell Monday to Friday.&nbsp;
&nbsp;

Money News Market Wrap

The Money News Market Wrap podcast is your snapshot of the latest market news, delivered straight to your device after the closing bells ring.

From the cost of living, to inflation, and interest rates, the economy has never been more in focus. So whether you’re a business owner, an investor, a homeowner or renter, an employer or employee, the Money News Market Wrap will keep you up to date with everything you need to know.

Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publish at closing bell Monday to Friday. 

 

The Money News Market Wrap podcast is your snapshot of the latest market news, delivered straight to your device after the closing bells ring.
From the cost of living, to inflation, and interest rates, the economy has never been more in focus. So whether you&rsquo;re a business owner, an investor, a homeowner or renter, an employer or employee, the Money News Market Wrap will keep you up to date with everything you need to know.
Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publish at closing bell Monday to Friday.&nbsp;
&nbsp;

Interest Rates at the Highest Level Since '08

The biggest story in both the World including the Finance world has been the absolute shellacking that the Republicans have received in the Mid-Term elections. And how is the LARGEST THEFT in history not being reported?

Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publish at closing bell Monday to Friday. 

The biggest story in both the World including the Finance world&nbsp;has been the absolute shellacking that the Republicans have&nbsp;received in the Mid-Term elections. And how is the LARGEST THEFT in history not being reported?
Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publish at closing bell Monday to Friday.&nbsp;

The repercussions of the Democratic landslide & Interest rate impact

The ASX200is down by 50.8 points at close today, Westpac has posted a $6.96 billion full-year profit as bad loans unexpectedly fell and KMD Brands, the parent company of iconic companies Kathmandu and Rip Curl, saw its share price surge by over 11 percent following the announcement of potential takeover discussions with US retail conglomerate Bluestar Alliance.

Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publish at closing bell Monday to Friday. 

 

 

The ASX200 is down by 50.8 points at close today, Westpac has posted a $6.96 billion full-year profit as bad loans unexpectedly fell and KMD Brands, the parent company of iconic companies Kathmandu and Rip Curl, saw its share price surge by over 11 percent following the announcement of potential takeover discussions with US retail conglomerate Bluestar Alliance.
Press the follow button in your podcast app for the latest episode of the Money News Market Wrap, we publish at closing bell Monday to Friday.&nbsp;
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Yet Another Interest Rate Rise on the Horizon

Check out the new daily Money News Market Wrap Podcast, conveniently delivered straight to your device shortly after the closing bells ring.

Check out the new daily Money News Market Wrap Podcast, conveniently delivered straight to your device shortly after the closing bells ring.

Interest Rates at the Highest Level Since '08

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