Here is our CH review and perspective of the current market.
Everyone wants the same thing right now – relief.
Rate cuts. Better productivity. Some sign the economy’s finally shifting gears.
And on the surface? It looks like we’re heading that way.
The RBA’s poised to cut rates. Consumer sentiment is lifting. House price optimism is back in fashion.
But peel it back and you’ll see the truth is:
We’re not surging.
We’re not sinking.
We’re stuck.
And stuck markets don’t reward hope. They reward strategy.
Globally? The fog is thick.
The World Bank just downgraded global growth to 2.3% being the weakest non-recessionary pace in two decades. Trade flows are slowing. Investment’s cautious. Tariffs are rising again. They described the outlook as “fog on the runway”, and they’re not wrong.
Here at home, PM Albanese is pushing a second-term economic reboot. August’s productivity roundtable promises less red tape, faster housing approvals, and business-friendly reforms. But the private sector is wary and rightly so. A lot’s been promised before. Not much delivered.
Rate cuts are coming, but don’t misread them.
Yes, the RBA is 97% likely to cut in July. But as Livewire nailed this week, we’re not cutting into stimulus. We’re cutting into neutral.
This isn’t rocket fuel for the market. It’s a loosening of the grip, not an accelerator.
Anyone thinking rates are going to trigger another boom might be in for a reality check.
And while consumer sentiment has edged up, it’s still sitting below neutral at 92.6.
The mood has improved, but the money hasn’t followed… yet.






