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.
After the “surprise” rate hike on Tuesday, the RBA Governor spoke in Perth about the prospect ahead. Reading between the lines it does seem...
We look at a recent report on the future of retirement. There are some big issues on the horizon. https://www.credit-suisse.com/about-us-news/en/articles/media-releases/credit-suisse-research-institute-publishes-study-urging-rethink--202001.html
In tonight’s rant Edwin, our property insider and I discuss the latest from the middle east and specifically how it may impact Australia, and...