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 announcement from the Government to freeze the building code came fast after the Productivity Round-table, and as expected, this is more performative politics,...
My latest with Edwin Almeida, in a thunderstorm. Which is up and which is down? https://www.ribbonproperty.com.au/ Go to the Walk The World Universe at...
As expected, Australia’s communications minister Michelle Rowland has now introduced a world-first law into Parliament today that would ban children under 16 from social...