Inflation falls but no rate cuts, Woolies downgrades profit, big spending by super funds

Thursday 31 October 2024 After three-and-a-half years inflation falls back under three per cent but don’t expect a rate cut. And more, including: Woolworths downgrades its profit outlook on the back of too many discounts. Superannuation funds spend $400 million of members' money on marketing expenses Afterpay co-founder Anthony Eisen is leaving Block, the company that bought Afterpay in a record $39b deal And plenty going on in markets and the US election. 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 APPLE , SPOTIFY , or anywhere you listen to podcasts. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.