SSSA Financial Services Pty Ltd

08/05/2026

Wishing all our wonderful clients a vey Happy Mother's Day for Sunday.

05/05/2026

For the third consecutive meeting, the Reserve Bank of Australia (RBA) increased the cash rate by 25 basis points to 4.35% at its May meeting.

Inflation remains stubbornly above target. Annual trimmed mean inflation – the RBA's preferred measure – held at 3.3% in the 12 months to March 2026, according to the Australian Bureau of Statistics, still well clear of the 2–3% target band despite two rate rises. However, headline inflation painted a more concerning picture, surging to 4.6% over the same period, driven largely by soaring transport costs as the Middle East conflict pushes up global oil prices.

The minutes from the Board’s March meeting showed it was already leaning toward further tightening. The minutes noted that members agreed it was important to demonstrate “a clear commitment to returning inflation to target”, warning that if medium- and long-term inflation expectations increased, “it would ultimately require significantly more contractionary monetary policy to achieve the Board's objectives.” The ongoing conflict in the Middle East has since added to that concern, with higher global energy prices putting further upward pressure on domestic inflation.

With inflation still running above the 2–3% target band, the Board judged that further tightening was needed to return inflation to target in a reasonable timeframe.

If you're feeling the pressure of back-to-back-to-back rate rises, it may be time to look at what options are available to you. I'm here to help you work through what this latest increase means for your repayments and your plans.

Please get in contact with us, if you would like to discuss your circumstances further.

☎️ Sheryl - 0476 440 027

☎️ Jacinta - 0499 311 118

23/04/2026

Wishing you all a very Happy Friday!

01/04/2026

We would just like to wish our valued clients and their family a very Happy Easter. If you are fortunate enough to be travelling this weekend, please do safely.

We will be taking a mini-break this weekend, and our office will be closed Friday 3 April (Good Friday) & Monday 6 April (Easter Monday) for the upcoming public holidays.

Please note, all phone calls and emails will be responded to on Tuesday 7 April, when the office re-opens.

Wishing you all a safe and happy Easter 🐰🐰

Sheryl & Jacinta

17/03/2026

The Reserve Bank of Australia (RBA) increased the cash rate by 25 basis points to 4.10% at its March meeting. Read the full statement here.

The move follows persistent inflationary pressures. Annual trimmed mean inflation – the RBA's preferred measure – rose to 3.4% in the 12 months to January 2026, up from 3.3% in December 2025, according to the Australian Bureau of Statistics, signalling that underlying price pressures have yet to be fully contained.

In a recent speech at the Australian Financial Review Business Summit, RBA governor Michele Bullock pointed to demand outstripping the economy's supply capacity as a key driver of the inflation pickup. She noted that private demand has been stronger than expected, the labour market remains tight and near-term inflation expectations have edged higher over the past six months.

With inflation still running above the 2–3% target band, the Board judged that further tightening was needed to return inflation to target in a reasonable timeframe.

With rates on the move again, it's worth taking stock of where your loan stands and whether your current arrangements still work for you. Get in touch if you'd like to talk through your options.

☎️ Sheryl - 0476 440 027

13/03/2026

Wishing you all a very Happy Friday 13th. 🦇

06/03/2026

Happy Friday!

Just a friendly reminder that we will be closed next Monday, 9 March for the Labour Day Public Holiday.

Wishing you all a fabulous long weekend. 😎

06/02/2026

Beware of the latest ATO scam

🚨 SCAM ALERT 🚨

Beware of a new crypto email scam.

The scammers are pretending to be from us or from myGov. If you receive an email asking you to confirm you are holding cryptocurrency by calling a phone number:

🛑 Do not respond

🛑 Do not call the number

🛑 Do not provide any info

🛑 Do not open attachments.

06/02/2026

Wishing you all a very Happy Friday!!

03/02/2026

The Reserve Bank of Australia (RBA) increased the cash rate by 25 basis points to 3.85% at its first meeting for 2026.

The move comes amid signs that inflation may be proving more persistent than previously hoped. Annual trimmed mean inflation rose to 3.3% in December 2025, after easing to 3.2% in November, according to the Australian Bureau of Statistics, reinforcing concerns that underlying price pressures remain.

Minutes from the RBA’s December 2025 meeting showed the board was increasingly focused on the risk that inflation could become entrenched, particularly if strong labour market conditions, rising unit labour costs and excess demand persisted.

Today’s decision suggests the board judged a modest tightening was necessary to reinforce progress on inflation and ensure demand returns to balance with supply.

If today’s increase has you thinking about repayments, refinancing or adjusting your plans, now is a good time to review your options. I’m here to help you understand what the change could mean for you.

☎️ Sheryl - 0476 440 027