Episode #50: Why rates shouldn’t go much higher, but house prices have further to fall

AMP’s Chief Economist Dr Shane Oliver discusses why we are near the end of the RBA’s rate hiking cycle. He cites falling house prices, depressed consumer confidence and early signs of a slowing jobs market as indicators rate rises are starting to take effect. He also explains why house prices across the country still have further to fall. Important information: This podcast is general in nature and hasn’t taken your circumstances into account. It’s important you consider your personal circumstances and speak to a financial adviser before deciding what’s right for you. Any general tax information provided is intended as a guide only. Remember the value of investments may go up or down and you may not get back the amount you invested. The opinions and views featured in this podcast reflect the individual’s own. Date of publication 02 November 2022. AWM Services Pty Ltd ABN 15 139 353 496, AFSL No. 366121, part of the AMP Group.