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.
As the election campaign starts in earnest, Property Insider Edwin Almeida and I consider the policy options as they relate to housing and migration,...
We review MYEFO (Mid-Year Economic and Fiscal Outlook 2019-20. https://budget.gov.au/2019-20/content/myefo/download/MYEFO_2019-20.pdf How will it impact the "Quiet Australians"?
I get very tired of the high-level reporting of home prices, because as you know I believe we have many discrete markets, which are...