Inflation falls but no rate cuts, Woolies downgrades profit, big spending by super funds
FEAR & GREED | Business News
<p><strong>Thursday 31 October 2024</strong></p>
<p><strong>After three-and-a-half years inflation falls back under three per cent but don’t expect a rate cut. </strong></p>
<p>And more, including:</p>
<ul>
<li> <p>Woolworths downgrades its profit outlook on the back of too many discounts. </p> </li>
<li> <p>Superannuation funds spend $400 million of members' money on marketing expenses</p> </li>
<li> <p>Afterpay co-founder Anthony Eisen is leaving Block, the company that bought Afterpay in a record $39b deal</p> </li>
<li> <p>And plenty going on in markets and the US election. </p> </li>
</ul>
<p>Plus don’t miss the new episode of The Property Pendulum, brought to you by Domain and Fear & Greed. This week’s episode: is now the time to buy? Get it from<a href="https://podcasts.apple.com/us/podcast/the-property-pendulum/id1769141987" rel="nofollow"> APPLE</a>,<a href="https://open.spotify.com/show/5NTP7K6iy6EomajUcIeEP2?si=4693f22542254b8a" rel="nofollow"> SPOTIFY</a>, or anywhere you listen to podcasts.</p>
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