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.
The ABS this week released their latest data on Lending Indicators which is a quarterly estimate of new borrower-accepted finance commitments for housing, personal...
The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Live event: https://youtu.be/w3UNMB2deFM Contents: 00:20 Introduction 01:30 US...
The RBA was interrogated by Parliament today regarding its monetary policy stance and interest rates. But it was all a bit pointless as really...