I would be interested to hear your reasoning for that?
@paulmessenger98365 сағат бұрын
Because to combat inflation the interest rates must be higher than inflation
@mrkitty839712 күн бұрын
My guess is the RBA is waiting for the US government change introducing tariffs
@andrewprimus90645 күн бұрын
I think most of those outcomes have already been modelled by the RBA and I'm not sure how much Australia is going to be directly impacted by proposed tariffs. You have to bear in mind that Trump is a politician so what he says he's going to do, and what he does may differ greatly 😉
@AmalKaru-i2f12 күн бұрын
utter useless video
@briananderson728512 күн бұрын
Inflation during a period of recession causes stagflation, that's what's happening in Australia immigration to hide the figures of recession, hidden actual inflation figures by changing the way we once measured it,employment rates up but hours worked down a lot of gig and part time.
@andrewunterweger5 күн бұрын
I think it's just Government spending that's hiding the weakness in most parts of the economy ........public sector employment has exploded and the latest ABS numbers show this; There were 2,517,900 public sector employees in the month of June 2024 comprising: 365,400 employees in Commonwealth government (including defence force personnel); 1,939,100 in State government; and 213,500 in Local government. Total public sector cash wages and salaries in 2023-24 was $232,136.6 million.
@Ben-zv7ph13 күн бұрын
Oh the new trim mean everyone is is talking about. Inflation is transitory then its sticky. Government spending all time highs and government employment all time highs. Tarric Brooker quote "1 foot on accelerator 1 foot on the brake " interest rates to combat the spending. Dollar is being devalued gents.
@andrewprimus90645 күн бұрын
Tha Australian Dollar has certainly been pummelled recently and the USD strength just seems to be getting greater against most currencies. Government spending in the US and Australia needs to be brought under control .......but, who's going to do that?
@glennschadow-gw7qc13 күн бұрын
Nab and commonwealth banks are the worst ,,
@anomadhunter15 күн бұрын
Canberra and Melbourne...Australia's woke capitals. Wonder what's driving their decline 😂
@andrewunterweger15 күн бұрын
State government fiscal mismanagement, ballooning tax imposts on the population and public sector productivity growth 😂
@craigdouglas997918 күн бұрын
No where will any Australian markets increase in 2025. Just some will fall more than others. I cannot see how anyone who follows these things cannot see the bleeding obvious.
@andrewunterweger17 күн бұрын
Thank you for sharing your opinion, and let's see where we will be at this time next year
@deborahcurtis138519 күн бұрын
What is with the over-use of complicated terms? "Look at some further granularity?" Just look at more detail. Some markets increase to a small degree or some decrease to a small degree? Some will result in sharper results? Saying absolutely NOTHING!
@andrewunterweger17 күн бұрын
Actually saying that some markets will still grow strongly while others will decline
@deborahcurtis138517 күн бұрын
@@andrewunterweger Yes and why not say it then? Saying 'granularity' is just a useless term. I despise these meaningless buzzwords which don't add anything except a veneer of sophistication.
@jobyjob_memoriesof198519 күн бұрын
The property market here is a joke. What all stimulus programmes are in place for it to keep going through the sky !!! The biggest contributing scam is the illicit black money coming from overseas, and the second one is interest only loans, 3rd one is obviously 50% CGT discount... If these unfair and illicit support mechanisms are removed, we will start seeing the actual prices😂
@movieklump19 күн бұрын
Housing market? Morons will keep buying and winning because the government has their back until it ends with the greatest depression Australia has ever experienced.
@prancer474319 күн бұрын
Recession recession 🫣🤔😉🥹👀
@andrewunterweger17 күн бұрын
No recession at this stage, but the underlying reason is that the government keeps spending money to keep the economy growing overall
@samtannouri366513 күн бұрын
@@andrewunterwegerbut the dollar is rubbish is will drop to 50cents 😂😂😂😂😂
@joeyzagari415520 күн бұрын
Lol, do you believe anyone has ever bought a property for less? Do you think anyone would ever sell for less? It’s only been a set of stairs, some steps smaller and some steps bigger through time, and supply/competitive tension and immigration fuelling at all angles, but prices only up and here we are forever stretching. A pause in the market is just catching up on savings and the next step another upward spike. Nothing will change in everyone’s lifetime and you’ll never see a crash, just on announcement news but in reality nobody actually purchased a property cheaper.
@andrewunterweger17 күн бұрын
I have seen crashes like during the GFC, and they impacted all the property markets in Australia, but to very different degrees
@Jimmy-mx4cc5 ай бұрын
Man im still amazed....that stuip people are out there ,,,super animation..is a,,, Ponzi schemes,,,, ..take 10 minutes look at history Germany collapse 1935 Vietnam Cambodia laos Thailand 1975 Thailand 1990 American 2008 Australia in hmmm 2030 When all the Boomer's say whers my $$$$$$$$$$
@redgatecrt5 ай бұрын
Any lowering of interest rates is highly welcomed. My inflation hedges love it
@redgatecrt5 ай бұрын
Since when has any Australian economist correctly forecast anything?
@vichetkim55335 ай бұрын
The 13 consecutive rate rises have done nothing to reduce the rate of inflation. I can imagine a rate cut will only accelerate the rate of inflation a lot worst than intended while the tax payer funded spin doctors will do their best, and say it's the lesser of two evils.
@georgesalabert56265 ай бұрын
Leaving Australia in 2 weeks. Goodbye to Austerity.
@doodlegassum69595 ай бұрын
Instead of "hiking" rates up 0.5% , how about a gentle nudge upward of 0.5%
@aron.gortman5 ай бұрын
There is no evidence that using mortgage holders as collateral makes any difference.
@st.george0075 ай бұрын
Don't buy now, wait until you die old man.
@monicak95556 ай бұрын
Very thorough and insightful presentation. Thanks so much.
@tonys26836 ай бұрын
Do yourself a favour and just don't live in australia. overpriced and overated, I cant wait to leave
@scott15727 ай бұрын
Rates will be driven up
@daveid62447 ай бұрын
Our inflation now is home grown I think they will only go up idd like to think they won't but it's a hard call
@MdSohelRanas110 ай бұрын
Very impressive video❤🙏
@andrewunterweger9 ай бұрын
Thank you for your kind words!
@MdSohelRanas19 ай бұрын
@@andrewunterweger You are welcome. Can I talk to you about your KZbin channel development?
@andrewunterweger10 ай бұрын
February Quarterly Review Register Here: rebrand.ly/Feb2024_quarterlyreview
@dthomas9910 ай бұрын
AUD is a AAA currency. USD is not and withh $33tri debt may be further devalued. Current weakness is interest rate differential and China effect.
@neiljone969810 ай бұрын
America is AA+ rating and 34 trillion in debt paying 1.1trillion in interest. If America was a business it would never be off the lowest rating but because they mark there own homework!! As for Australia it's the same story as the USA you have a printer, and that's the value of you're fiat cash paper. A printer. In a real world Australia should have a lower rating than America because GDP is larger than Australia and the debt is 1/5 the size. Either way the more bonds Australia purchase's from America the more inflation Australia will receive. Both countries are finished just the ended is to come.
@ninaclemente594410 ай бұрын
I remember this worthless piece of paper in Canada some years ago. Nobody wanted to exchange it. The only value you can get is in countries who border Australia and are basket cases.
@andrewunterweger10 ай бұрын
February Quarterly Review Register Here: rebrand.ly/Feb2024_quarterlyreview
@andrewunterweger10 ай бұрын
February Quarterly Review Register Here: rebrand.ly/Feb2024_quarterlyreview
@viviennguyen352 Жыл бұрын
I am an Asian student who is looking to buy in CBD at first, but looking at the price of rent is hideous and along with the increase price in food, crime etc. I'm scared this city will become like a second San Francisco
@jeffstorer Жыл бұрын
No two more before Christmas
@Tarotjackpot Жыл бұрын
I kicking back and waiting for the wheels to fall off for those that bought in 2022 2023 and felt the need and fear of missing out. Noosa and Gold Coast always feels it first. Currently lack of stock and most people holiday in Europe - so will be interesting to see next Three months. In regards to properties. Also what effect It will have on air BNB with many not spending on local holidays. I’ve seen a few properties for sale fully furnished which is a bit unusual and bought recently also.
@anthonyelvey2669 Жыл бұрын
Great advice as always!
@massimilianomarrazzo2392 Жыл бұрын
Dr Andrew, could you make a video about how to safely send money from overseas to Australia by complying with AUSTRAC regulations? Today I have heard a story of an Aussie expat who cannot get a loan in Australia due to issues with AUSTRAC and neither the bank nor the broker can explain her how to fix that ....
@anitanita50132 жыл бұрын
Hello Dr Andrew
@anitanita50132 жыл бұрын
Hello Sydney
@massimilianomarrazzo23922 жыл бұрын
You can collateralize a mortgage against your house
@southernfriedkiwi63402 жыл бұрын
The short answer is, you would have to be out of your mind to buy this year. There is going to be so much carnage with people losing their homes due to doubling(or tripling in some cases) mortgage rates. Banks are already pulling back on lending as well. Access to credit is going to diminish. If you can pay cash outright for a house, wait until next year.
@minajhooper5772 жыл бұрын
I honestly can’t stop thanking Dr Igudia on KZbin who cured my Genital Herpes virus completely with his natural herbs which I ordered from him. Thank you so much Dr Igudia
@NoreenHoltzen2 жыл бұрын
Hi, this video was very helpful, thank you. Would having just a commercial property leased out in Australia (but no other financial ties, no bank accounts etc) be enough alone to tick one of these four (related to financial ties) boxes? Thanks.
@JJ-mc8lu2 жыл бұрын
Property sprukers are fast disappearing in this deflating market. What are they going to do now! Lol
@garrywillinge26943 жыл бұрын
Love Andrew’s rational & independent advice. Always valuable.
@SEUSUF33 жыл бұрын
thanks for you help me know about the
@bob6168able3 жыл бұрын
I don’t believe what happened in Australian houses prices. Almost doubled during a period of six years. It’s very difficult now to buy a house.
@massimilianomarrazzo23923 жыл бұрын
Is your mortgage brokerage service with no fee?
@massimilianomarrazzo23923 жыл бұрын
One important topic not covered by the video is the 18.6 years cycle for properties, that predict an important housing price drop in 2026
@massimilianomarrazzo23923 жыл бұрын
Great video! But microphone quality should be improved