How interest rates work, economics 101 & the housing crisis ft. Dr Sam Wylie

What on earth is going on with interest rates right now? Dr Sam Wylie, Associate Professor of Finance at the University of Melbourne, explains how interest rates work, the role of the RBA, the housing crisis and more! 💸 What are interest rates, and why do they matter? 💸 How does the monthly RBA interest rate decision get made? 💸 Financial facts vs opinions 💸 What on earth is going on with the Australian housing market, and why does it seem (to an under 40-year-old at least) that things aren’t working? Series resources Ask a question: https://bit.ly/3QtiY00 Access Show Notes: https://bit.ly/R-notes Rask Community: https://bit.ly/3UkFWel Kate's book, Buying Happiness: https://bit.ly/kate-amazon Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan Property Coaching: https://bit.ly/R-P-coach 100-point property checklist (PDF): https://bit.ly/prop-check Accounting with Grey Space: http://bit.ly/3DG5lWS Business Coaching: https://bit.ly/o-coach Pearler, the broker for long-term investors. Sign up using code “RASK” for $15 of Pearler Credit: bit.ly/Pearler Get 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmith DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices