GeersSullivan Pty Ltd

Please note that our office will be closed tomorrow and will reopen for business on Friday 26th of April.

From all the staff and directors at GeersSullivan, we hope you have a wonderful break over the Easter long weekend and look forward to seeing you all again very soon.

Please be advised our offices will be closed on Friday 29th March and will re-open on Tuesday 2nd April.

The Reserve Bank of Australia (RBA) today decided to increase the official cash rate by 0.25% to 4.10%, the highest rate seen since 2012.
Inflation remains well beyond the RBA's target range of 2-3%.
Click here to read the RBA's media release:

Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases  

Happy Mother’s Day to all the amazing Mums! 💟

Welcome to the Australian Federal Budget Edition of our newsletter. We have summarised the key issues that will impact our clients.

The team at GeersSullivan will contact you if any of these changes affect you directly, or please feel free to call our office on (08) 9316 7000 should you wish to discuss how to take advantage of these changes.

Please click here to read our 2023-24 Australian Federal Budget update:
https://www.gscpa.com.au/2023-24-federal-budget-highlights/

From an office filled with Star Wars fans - Happy Star Wars Day!

Following a pause last month, the Reserve Bank of Australia (RBA) today decided to increase the official cash rate by 0.25% to 3.85%.
Whilst headline inflation eased to 7% during the March quarter, it remains well beyond the RBA's target range of 2-3%.
Click here to read the RBA's media release:

Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.85 per cent. It also increased the rate paid on Exchange Settlement balances by 25 basis points to 3.75 per cent.

Please note that our office will be closed tomorrow and will reopen for business on Wednesday 26th of April.

From everyone at GeersSullivan we hope you have a safe and Happy Easter! Our offices will be closed from Friday 7 April for the Easter break, reopening Tuesday 11 April at 8:30am.

The Reserve Bank of Australia (RBA) today decided to hold the official cash rate at 3.6%, the first pause in the rate since April 2022.

To read to RBA's media release, please click the link below.

Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to leave the cash rate target unchanged at 3.60 per cent and the interest rate on Exchange Settlement balances unchanged at 3.50 per cent.