The Housing Market Trap Gets Sprung...

In this show we will look at the latest evidence provided to Parliament via the Senate Economics Reference Committee which heard from the RBA among others this past week. Of course the scene is now set on the path to even higher interest rates, with markets holding on to an 80% probability of a rate rise on Melbourne Cup day, and with another to follow next year and with a market expectation of a peak cash rate close to 5%. In particular today I wanted to look at the impact of the enhanced first home buyer scheme, launched last October with […]