Budget is inflationary, wages growth slows sharply, meme stocks keep running

Thursday 16 May 2024

The experts have spoken: the federal budget is inflationary and won’t help the push to cut interest rates. 

• Wages growth slows sharply
• BHP boss Mike Henry jumps on Anglo American’s plans to demerge its platinum and diamond businesses
• And meme stocks keep running as echoes of 2021 are heard in markets

Plus don’t miss this week’s episode of How Do They Afford That? - a guide to reverse mortgages and other options for the asset rich and cash poor. Get the episode fromAPPLE,SPOTIFY, or anywhere you listen to podcasts.

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