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.
We deep dive on the thorny question of household finances and the proportion of disposable income going to pay the rent or mortgage, using...
Remember the parable of the frog, who slowly gets cooked to death, in a pot as the temperature rises – well, the same in...
I caught up with Guy Standing, Professorial Research Associate at SOAS University of London, a Fellow of the British Academy of Social Sciences, and...