AACC Member Login > |
news |
Catch up on the latest news from AACC members, board members and the wider US Australia community. |
AUSSIE GREENBACKS 2ND EDITION
December 11, 2025 | James Ridley, Managing Director (APAC), Atlas Wealth Group
The Reserve Bank of Australia held the cash rate at 3.60 percent and reinforced that inflation has picked up and is likely to sit above the 2 to 3 percent band for a while. The November Statement on Monetary Policy and the early November decision both framed policy as watchful and data dependent, with a clear focus on underlying price pressures and a still healthy labour market.October’s inflation surprise is the fulcrum. Quarterly CPI printed 3.2 percent year on year, with trimmed mean at 3.0 percent, and the new monthly series showed headline CPI at 3.8 percent and trimmed mean around 3.3 percent, reflecting electricity rebate roll-off and sticky services. That mix pushed markets and economists to fade near-term cut hopes and consider a longer hold through 2026. |
|
|
global entry now available to all australians
December 10, 2025 | Melissa Zajic, Executive Director AACC
After a limited initial rollout earlier this year, the US Customs and Border Protection (CBP) program will now accept applications from any Australian citizen who meets the eligibility requirements - marking a significant expansion that will benefit thousands of Australian travelers. |
|
AUSSIE GREENBACKS 1ST EDITIONNovember 19, 2025 | James Ridley, Managing Director (APAC), Atlas Wealth Group |
The September quarter delivered a sturdier backdrop than the headlines suggested. Across major economies, central banks leaned into support, inflation generally drifted toward targets, and the world stage, while noisy, did not derail the macro trajectory. The tone through Q3 was one of measured progress, policy became a little easier, growth held up, and resilience kept showing through.In the US, the Federal Reserve cut rates by 0.25 percentage points in September, taking the funds rate to 4 to 4.25 percent. Chair Powell framed the move as risk management, responding to softer labor momentum while inflation stays above target, rather than a sign of panic. The Fed kept its options open for further easing, with projections hinting at additional cuts if the data warrant it. Markets took comfort in the steady hand and the message that the Fed will remain data driven. |
|
member appreciation happy hourNovember 12, 2025 | The St. Regis San Francisco
|
The Australian Battery Innovation DelegationOctober 2, 2025 | Withers San FranciscoWe were delighted to support CSIRO and Austrade in hosting the Australian Battery Innovation Delegation during their time in the Bay Area. A team of 11 Australian companies that are working in various aspects of the battery value chain are will continue their journey in the US to attend The Battery Show North America in Detroit from October 6-9th.
|
