Stay up to date with what’s happened in the Australian economy and markets over the past month.
February delivered mixed signals for the Australian economy.
The unemployment rate held steady, wage growth continued to edge higher, while household spending softened.
Inflation continues to be an issue. While the CPI remained steady, trimmed inflation increased slightly and the February 0.25% cash rate hike added pressure to mortgage holders.
Reporting season added its usual volatility to the share market and the ASX hit several record highs towards the end of the month, supported by solid corporate results, even as global markets remained cautious.
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