We ran out live stream event last night. During the session we discussed our revised scenarios, taking account of the complex local and international backdrop.
Using a baseline of July 2018, and looking ahead this is how it plays out. The risks from an international crisis have risen, the RBA itself is now projecting higher unemployment so lower wages growth, and the iron ore price is falling. Business and consumer confidence is being eroded, and the fall-out from the high-rise construction fiasco are only just starting to play out.
There is a path to property values rising, but we think this is relatively short lived.
Treasury has advised the number of Job Keeper supported employees is around 3.5 million, not 6.5 million as estimated due to errors, and the...
We review the November 2019 data from the ABS. https://www.abs.gov.au/AUSSTATS/[email protected]/DetailsPage/8731.0Nov%202019?OpenDocument Share this:EmailPrintTwitterFacebookLinkedInReddit
The latest in our Friday night chats in which we look at the potential for a housing crash. Journalist Tarric Brooker can be found...