August30th, 2023 – KCM Trade’s Chief Market Analyst, Tim Waterer, was invited to appear on the Seven Network in Australia for their 7NEWS program at 6pm. Tim was invited onto this top-rating nightly news program to share his views on the latest ‘price wars’ campaigns among the supermarket giants in Australia. Retail chains including Coles and Woolworths have announced discounted pricing for a range of staple products. Tim spoke to 7NEWS about how the latest price reductions are good news for consumers, adding that “Hopefully for the consumer, the current rate of disinflation holds, and we see prices continue to drop going forward".
The Seven Network is one of the largest media companies in Australia and is the highest-rated television network in Australia (as of 2022). Additionally, 7NEWS is the highest-rated nightly news program in the country. Speaking after this appearance on free-to-air television news, Tim commented - “I was pleased to contribute to this 7NEWS story about what is a very topical matter. Consumers have been doing it tough during this era of high inflation, so it is good that we are finally seeing lower prices in supermarkets.”
KCM Trade’s team of expert analysts continue to be featured prominently in the global media landscape, with Tim’s appearance on Australia’s highest rated nightly news program being the latest example. As a global financial services provider, KCM Trade’s analysts look forward to continuing to provide expert commentary, analysis, and insights across all the major assets and market trends.