2 sense: Interest rate deep dive, recession debate & tourism comeback

EPISODE · Jun 17, 2023 · 41 MIN

2 sense: Interest rate deep dive, recession debate & tourism comeback

from Australian Property Podcast · host Rask

Every Sunday at 7 am the Australian Property Podcast crew dissects the latest news headlines to help you understand what the noise means for you and your property. Mortgage Broker Chris Bates and Buyer's Agent Pete Wargent are taking a deep dive on today's episode on interest rates from borrowing capacity to how long and how high we think interest rates will go, whether Australia will go into recession (and if so effect this will have on the property market) and what the tourism rebound will do for the economy and housing supply. On this episode of the Australian Property Podcast: Interest rates deep dive What might happen if we get further rate hikes and how long will rates stay high? What implications does this mean for your borrowing capacity, stock supply and unemployment? What are the best mortgage rates on the market? What are peoples' saving rates? How much of the interest rate increase are banks passing on? The recession debate Do we need a recession to bring down inflation? With New Zealand technically entering a recession what might happen in Australia? Consumer confidence is at near lockdown lows, however, housing expectations are still strong. Why is this? And what could change this? Tourism rebound With tourism creeping back to highs, while Australians are slowing down their international travel, what might this mean for the housing supply and the Aussie economy? Australian Property Podcast resources: The Australian Macro Business Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core  membership for $0.99 INFORMATION WARNING! 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. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. 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

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2 sense: Interest rate deep dive, recession debate & tourism comeback

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