Unemployment jumps, RBA warns rent and prices to stay high, Aristocrat bingo

Friday 17 May 2024

A combination of a surge in the unemployment rate and lower inflation in the US, combine to send share markets soaring. 

And more, including:

• The Reserve Bank warns that house prices, and rents, aren’t coming down anytime soon. 
• Former PM Scott Morrison meets with Donald Trump in the US
• And the story of Australia’s hidden top 20 company

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.

Find out more: https://fearandgreed.com.au/

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