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Bonusisode with Nerida – Coronavirus, Property AND Economy ๐Ÿ˜ท๐Ÿก๐Ÿ’ธ

Folks, March hasn’t ended yet but we’ve decided to bring forward our monthly catchup with Nerida Conisbee, Chief Economist at realestate.com.au! We understand that in these uncertain times, all you want is some certainty and information around all the changes that’s been happening.

So today, we had Nerida on Zoom and unpacked these discussions:

๐Ÿ‘‰All the mostย recentย updates to date relating to the real estate industry
๐Ÿ‘‰Which market is being affected the mostย at the moment?
๐Ÿ‘‰Will there be any tax breaks available for renters?
๐Ÿ‘‰What kind of government incentives might be made available to property investors which in turn, can help them pass on to the renters?
๐Ÿ‘‰What kind of trends are being seen on realestate.com.au?
๐Ÿ‘‰How has this restriction on movement affected the Australian Economy?
๐Ÿ‘‰Whatโ€™s after this and which industry might take a bit longer to recover than others?
๐Ÿ‘‰What stimulus have been announced so far and what kind of challenges and uncertainties are affecting the governmentโ€™s decision?
๐Ÿ‘‰With interest rates so low, easy access to money and planned government stimulus, how will the property market perform when this movement restriction ends?
๐Ÿ‘‰Whyย Western Australia may come out the best?
๐Ÿ‘‰How does wage subsidy works in the UK and will they implement it in Australia?

Hope this helps folks and don’t forget to check out last week’s episode on Coronavirus and Property FAQ here.
p.s. Want more of this? Subscribe to our podcast every Thursday at 3pm on iTunes, Spotify or your favorite podcast app!

And don’t forget last week’s episode folks! We’ve compiled a series of playlists for you during this time. We called it Isolate + Chill!ย If you’re interested, just leave your details below and we’ll email them to you!

Free resources: Isolate + Chill

Fill in the form below and we'll email you all the playlist links and bonus resources right away! ๐Ÿ˜‰

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And of course… Additional Helpful Resources on COVID-19

National Update: Click here

State Update:

 

 

 

 

277 | Coronavirus & Property FAQ

Thereโ€™s been a lot of questions coming in aboutย the coronavirus and its implicationsย toย the property market,ย the finance sectorย and the economy at largeย โ€” particularly in direct response to theย higherย levels of social distancing regulationsย weโ€™re now seeing and itsย flowon effect to unemploymentย and how we transact property.ย 

So,ย today weโ€™re answeringย a wholeย heapย ofย Frequently Asked Questionsย (FAQs)ย aboutย howย COVID-19ย affects you as a property investor, a home owner, a first home buyer,ย or someone whoโ€™sย inย fortunate circumstancesย to take actionย on the opportunity.ย 

โ€˜Cos, letโ€™s be real folksโ€ฆย if youโ€™re dining out on the news cycle,ย itโ€™s a very scary placeย out there!!ย 

Again,ย we must repeatโ€ฆย our message of calm remainsโ€ฆ. but weโ€™re going to dig even deeper into what weโ€™re starting to see as this pandemic unfolds.ย 

As well as answering a whole lot of your questions (all of them listed below), weโ€™re ALSO going to give you someย Frameworks andย Tipsย to support you during this time so youโ€™re prepared, have theย RIGHTย knowledge behind you and can navigate theย โ€œnew worldโ€ weโ€™re allย nowย living through!ย 

We touch on itย inย todayโ€™s episode, but just in case you need a recapโ€ฆย folks are likely to fall into ONE ofย TWO categories during this timeโ€ฆย 

  1. โ€œTakeย Actionโ€ย Clubย โ€“ย This is aย small percentage of folks who areย ready to take actionย basedย on their individual circumstances (please seek professional adviceย beforeย you do this)ย 
  1. โ€œMoneyย Managementโ€ Clubย โ€“ย The vast majority of folks will sit hereย andย during this moment-in-time of uncertainty, shouldย focus on the gaps inย their money managementย 

ย ย 

Free Resources Mentionedย 

Free resources: Isolate + Chill

Fill in the form below and we'll email you all the playlist links and bonus resources right away! ๐Ÿ˜‰

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ย 

And here are the Questions!

Questionย aboutย โ€œInvestor & Tenant Reliefโ€ย from Greg:ย 
Anyย talk from the banks/government on providing relief to Investors onย investment lendingย so as to enable them to provide relief to tenants who find themselves in financial trouble? For many owners they would haveย tenants they don’t want to loseย and would like to assist (if required) but may not be in a position to do that themselvesโ€ฆย 

ย 

Question about โ€œTheย Six-Monthย Freezeโ€ fromย Jakeย 
Points to consider for theย six-monthย freezeโ€ฏ๐Ÿฅถโ€ฏon home loans?ย ย Ie.ย how is the loan recalculated after six months?ย Will interest still be required to be paid during the freeze?ย And could this result in household having higher repayments on completion of theย six-monthย freeze?ย Will it impactedย your credit file?ย Cheersโ€ฏ๐Ÿค™ย ย 

ย 

Question from about Property Prices Dropping from Nicoleย 
I just heard that Economists are predictingย a 20% drop in house values. Would love your thoughts on this?ย If one is to take up the banks offer of 6months โ€œoffโ€ from the mortgageย โ€”ย besides extending the loan time frame, how will itย affectย households and do you advise it in what circumstances?ย 

ย 
Question from about Waitingย Toย Buy from Jamesย 
My partner and I are looking to buy in Queensland later this year. Butย are we better to wait until next year to buy?ย ย 

ย 
Question about โ€œWhat the market will look like next yearโ€ from Jarradย 

What will the market look like next year?ย Would it be a good time to buy if I was planning to buyย my first property?ย Could it be a good time to getย a great priced asset?ย Thanks guysย 

ย 

Question about Offset Account Protection from Mattย 
Areย offset accountsย protected by the government up to 250k?ย Should I move funds above that to a different offset account, or should I use it toย pay down principal on the loan?ย Would this then secure these funds in the hopefully unlikely event that a bank failed.ย Noteย that this is not a big 4 bank.ย 

ย 

Question Aboutย โ€œAccessingย Theย 10kย Out ofย Superannuationโ€ย from Danielย 
If we have money in an offset account, can the bank access it to reduce their exposure?
Also, not sure if you can answer,ย what are the new rules around accessing your super?ย If youโ€™re a couple can you both access the $10k per FY?ย Is it means or asset tested?ย 

ย 

Question about Finding aย Remoteย Property Investment Advisorย from Aaronย 
Was about to redo mortgage andย borrow additional fundsย for deposit on 1st investment property (which we are not really sure on the process, have to talk to mortgage broker),but now that everything is closing down not sure what our next steps are. Can we find a property investment advisor completely remotely? Is it a good time for aย newbie investorย to try and get into the market, when our only knowledge comes from the podcast and your book?ย 

ย 

Question Aboutย Whatย Toย Do If Tenants Canโ€™t Make Rent from Rebeccaย 
I am a single Mum with no family support … I have two investment properties but ifย tenantsย asked for ‘free rent’ don’t they realise that the landlord might be in a similar situation to them??? That this doesn’t make sense forย tenants to ask for a pause on rentย when mortgage payments still need to be made. I realise that some banks have waived the repayments for 3-6 months but I am actually not with the BIG banks who are doing this (WOW – it is impressive that it IS the big banks who are offering this support – makes me wants to transfer to one of them!)…ย any thoughts?ย 

ย 

Question from Andrewย 
โ€ฏit would be great for you guys to canvass the current situation aroundย landlords insuranceย andย what policies will and will not cover in terms of loss of rent due to coronavirus circumstances.ย ieย โ€ฆ.Actuallyย getting Coronavirus and not being able toโ€ฏwork vs being laid off because of economic difficulties. I can see this being a bit of a snake pit in terms of insurance policies and wordings associated with ‘pandemics’.ย 

 

Additional Helpful Resources on COVID-19

National Update: Click here

State Update:

 

One Final Word…

And please… Just a (not so gentle) reminder. Stay at home if you don’t need to go out. Download our Isolate + Chill Pack if you want to use this self-isolation time to learn new things!

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Fill in the form below and we'll email you all the playlist links and bonus resources right away! ๐Ÿ˜‰

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ย 

 

 

Free Showbag: Isolate + Chill

As mentioned on Episode 277 (Coronavirus and Property FAQ), we know that you’ll be spending a lot of time indoors. So we want to make sure that you’ve got enough material to keep you indoors! And there’s no better time than now to reflect and upgrade yourself to the next level be it in property, finance, money management or even MINDSET! So here’s our Isolate + Chill aka Self-Isolate and Self-Develop Showbag. ๐Ÿ™‚

Scroll down to see all the links to the playlist. If you’d like us to email it to you instead along with some additional bonus materials, then just fill the form below. ๐Ÿ˜‰

  • Do you also want to take this chance and have a better understanding of your cashflow position via our Money SMARTS Platform?

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Now, let’s cut to the chase! We want to get you started on your Self Isolate and Self Develop Journey as soon as possible!

 

For iTunes Listeners

Here are the steps to import the playlist to your iTunes on your computer:

  1. Click here to download the playlists files
  2. Open up the downloaded zip folder and extract all the files onto your desktop
  3. Open up your iTunes
  4. Go to the top left corner of iTunes and look for “File”. Then, look for “Library” and select “Import Playlist”
  5. A pop up will appear. Just navigate to your desktop and import your preferred playlist.
  6. And that’s it! Your iTunes will import only one playlist at a time so you can repeat the steps if you’d like to import more than one playlist.
  7. Happy Learning!

Still not sure how to do it? No worries! Stiggy got you covered. Watch the step-by-step video below:

For Spotify Listeners

It’s easy for you folks! Just click here to go to our profile and start following your favorite playlist! ๐Ÿ˜Š

 

For YouTube Listeners

And of course, our YouTuber community! You guys get a couple of extra playlists too – The TPC GOLD and LIVE Videos! Just click here to go to our profile and pick your favorite one. ๐Ÿ˜Š

Here Are All our Playlist Folks!

What’s Included in this Isolate + Chill Showbag?

Our top downloads, all in one email!

  • Make Money Simple Again (Free eBook)
  • The Binge Guide to the Foundations of Property, Finance and Money Management (Free PDF)
  • Our Top 5 Frameworks for Property Investors (Free PDF)
  • The Money Savings Hacks The Banks Don’t Want You To Know About (Free Video Series)

All these playlists and their links so you can re-visit them whenever you want!:

COVID-19 on Property, Finance and Money Management:
Across the globe, weโ€™ve all been impacted by COVID-19… and it doesnโ€™t look like itโ€™s slowing any time soon…
With all of the unknows out there… what DO we know? And how is COVID-19 going to affect property prices, the economy and our purse strings? Get our recent updates here.

THE ESSENTIALS
The essentials are the absolute fundamentals of Property, Finance and Money Management! These are the FIRST 20 EPISODES of The Property Couch and are a must-listen for everyone. Check out the โ€œBinge Guideโ€ that covers all the best bits -go to โ€œFree Resourcesโ€!

Money, Money, Money!
Money. It makes the world go round. But no one likes โ€œtoo much monthโ€ at the end of the money… so check out our best episodes on Money Management – incl. Money SMARTS, Money Habits, Money Hacks and Money Mindsets

Letโ€™s Talk About Finance
A property investor walks into a bank and says, โ€œHey, can I have a home loan?โ€
Just joking, donโ€™t do that. Listen to these instead โ€“ from everything to Borrowing Power, Offset Accounts, Interest rates, Finance Structure and Strategy, Investment-Savvy Mortgage Broker and much, much more…

Finding The โ€˜Perfectโ€™ Property
How do you find the perfect property? What does it look like and where is it located? Find out the top tips on asset selection, incl. investment stock vs investment grade, the reality of tax depreciation, property โ€œspruikersโ€, contract reviews, building a portfolio and way more!

Mindset Matters
A wise man by the name of Jim Rohn once said, โ€œStand guard at the door of your mindโ€.When it comes to property, finance and money management matters. Why? Youโ€™re going against the tide. So invest in your mind as well as your knowledge… Hear from โ€ฆ.

Meet the Elite
Theyโ€™ve Been There. Theyโ€™ve Done It. And Now They Teach What Theyโ€™ve Learnt. Hear from the professional experts who have made a living out of investing in property and know first-hand what to do (and what never to do)! Ft. Jan Somers, Paul Clitheroe, Effie Zahos, Susan Alberti, Alan Oster, Alan Kohler, Roger Montgomery, Margaret Lomas, Jeremy Sheppard, Peter Koulizos, Veronica Morgan and heaps more!

Real Life Transformations
Hear first-hand from your peers who have gone ahead and implemented what theyโ€™ve learnt on the podcast! Yes, these folks are real life investors who have featured on our Summer Series because they are
1.) Awesome 2.) Have an inspiring story 3.) Explain exactly how they did it.

Question and Answers!
This is the ENTIRE VAULT of our Q&A Episodes! Yep, folks ask. We answer. We cover a HUGE list of topics/questions so take a listen at whatโ€™s most useful for you! Donโ€™t forget, you can always send in your own Question ๐Ÿ˜Š

 

 

What are you waiting for? Start your Self-Isolation and Self-Discovery Journey today!

Free resources: Isolate + Chill

Fill in the form below and we'll email you all the playlist links and bonus resources right away! ๐Ÿ˜‰

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Bonusisode: COVID-19 & Share Market Analysis

If you’ve seen the headlines recently, you would notice these:

ASXย finishesย worstย week in more than 11 years

Dow drops more than 900 points, endingย worstย week since 2008

And then yesterday night, for those who’re active with the share market news, you’d probably notice this:

Dow future surge 900 points โ€” hit โ€˜limit upโ€™ โ€” on optimism a coronavirus rescue bill is close

Japan stocks jump 7% as Fed ramps up stimulus measures

It’s not a surprise to anyone how volatile the share market is and especially so in uncertain times like this.

Shares are a fascinating investment class and people asked us about it all the time. Usually, the questions are always around Property vs. Shares and we would say, it depends on your risk appetite. There’s no right or wrong and you don’t have to choose either one. Your portfolio can be a combination of both property and share.

 

But this time, people asked us a slightly different question…

COVID-19 and Share Market.

We totally get it. Because to be honest, we’re very interested in it too. ๐Ÿ˜‰

But we’re not an expert in this area and that is why, Ben recorded a chat with our Chief Investment Officer, Michael Savy on COVID-19 & his Share Market Analysis. With more than 20 years of experience in the financial planning and banking industry, he’s also a Certified Financial Planner (CFP), an SMSF Specialist Adviser (SSA) with the SMSF Association and a Fellow of the Financial Services Institute of Australia.

So yes, he’s an expert. And we thought you might find this discussion insightful.

Enjoy the bonusisode folks!

 

Hereโ€™s What We Coverโ€ฆ

  • What’s really causing this unrest in the share market and what’s the trendline telling us?
  • Why should we look at China as a case study in predicting the share market response on COVID-19?
  • Do global share markets really care about a vaccine and why is Shanghai Stock Exchange showing signs of recovery already?
  • Why daily coal consumption and freight logistics had anything to do with Chinaโ€™s recovery?
  • How will this help in predicting the rest of the worldโ€™s market response and eventual recovery?
  • and lots more

 

You can see the Charts hereโ€ฆ

 

Additional Helpful Resources on COVID-19

National Update: Click here

State Update:

 

And One Final Word…

If you’re worried about your finances or if you have no clarity on your cash flow position, we strongly recommend you to organise your finances now. It’s more important than ever to have a clear view, down to the exact cent, on how much you’re spending each month and how much surplus you’ve got. If you don’t know it, then log in to your Money SMARTS Platform here and update the numbers.

Don’t have an account yet? Create your free access below and we’ll also send you an e-copy of the instruction manual which is also our best-seller book, Make Money Simple Again. Just fill in the form below and we’ll email it to you right away.

 

 

 

 

 

UPDATE | Monetary & Fiscal Stimulus Program – What you need to know about them

As you’re likely aware, the coronavirus has NOT slowed. In fact, the coronavirus pandemic was having deep ramifications for financial systems right around the world, until central banks stepped in.

So in his unprecedented speech late last week, Dr Philip Lowe announced an Emergency Rate Cut along with other measures effective immediately. We’ve mentioned this to you in last week’s episode on COVID-19 and Property Outlook.

As promised, this bonusisode features Ben’s update on the whole monetary and fiscal policy stimulus program… plus, he also explains what this means for the economy, property owners and for those who might be doing it tough, or could find themselves in a compromised position, during this time of uncertainty.

p.s. Make sure you don’t miss out on our COVID-19 and Share Market Analysis Bonusisode as well!

 

Hereโ€™s What We Coverโ€ฆ

  • COVID-19 and Finance Update
  • RBA Rate Cut
  • Governer’s Philip Lowe underlying message
  • The Five Key Measures mentioned in his speech last week
  • What’s a repayment holiday and how can that help you
  • and lots more

 

Additional Helpful Resources on COVID-19

National Update: Click here

State Update:

 

One Final Word…

If you’re worried about your finances or if you have no clarity on your cash flow position, we strongly recommend you to organise your finances now. It’s more important than ever to have a clear view, down to the exact cent, on how much you’re spending each month and how much surplus you’ve got. If you don’t know it, then log in to your Money SMARTS Platform here and update the numbers.

Don’t have an account yet? Create your free access below and we’ll also send you an e-copy of the instruction manual which is also our best-seller book, Make Money Simple Again. Just fill in the form below and we’ll email it to you right away.

 

 

 

 

 

276 | COVID-19 & Property Outlook

Thereโ€™s no doubt that every one of us is impacted by COVID-19 โ€” the coronavirus pandemic โ€” thatโ€™s practically everywhere right now.

Itโ€™s on the news. Itโ€™s in our countries. Itโ€™s fuelling a lot of anxiety and panic across the globeโ€ฆ

So, todayโ€™s episode is all about navigating the uncertainty of COVID-19 and lifting our eyes so we can see the bigger picture BEYOND the short-term contagion โ€” and the social contagion โ€” thatโ€™s currently going on.

Our message remains the same as our first episode on the coronavirus โ€” to spread calm and connection right nowโ€ฆ.

But A LOT has changed in a weekโ€ฆ and so we also have another (kinda really exciting!) message for youโ€ฆ

If youโ€™re cashflows allow and your job security is thereโ€ฆ NOW just might be one of the best times to act!

Now, weโ€™re by no means belittling whatโ€™s going on hereโ€ฆ. We get the severity of the coronavirus event and we understand there are folks out there that are doing it tough right now. And our hearts go out to them and their families.

However, itโ€™s our job to turn to the data and face the facts so we can give you a realistic look at the property market.

Because hereโ€™s the dealโ€ฆ the anxiety and panic weโ€™re seeing in our supermarkets is NOT what weโ€™re seeing on the grounds in the property market!

To highlight this, weโ€™re doing something weโ€™ve never done on the show beforeโ€ฆ weโ€™re giving you a behind-the-scenes look into our โ€œInner Sanctumโ€ โ€” that is, the most-recent meeting with our team of Buyers Agents who are currently out there buying investment properties. So you get to be a โ€œfly on the wallโ€ as they explain what theyโ€™re witnessing in the property marketโ€ฆ and WHY.

 

Because, yesโ€ฆ there IS a lot of outside contagion going on. The economy IS being affected at this time. There IS uncertainty and fear going on. And weโ€™ve never really seen something like what weโ€™re witnessing right now. But thereโ€™s a VERY positive news story here for a handful of folk who are planned, informed and ready to actโ€ฆ an opportunity that, well, doesnโ€™t come around too oftenโ€ฆ

 

Free Resources Mentioned

 

Hereโ€™s What We Coverโ€ฆ

  • COVID-19 and Property Update
  • Dr Jud Brewerโ€™s Three Steps
  • What is โ€œThe Media Cycleโ€โ€” and how is this contributing to the social contagion going on?
  • How will the coronavirus affect the economy?
  • Whatโ€™s Australiaโ€™s Super Power?
  • Are they going to cut the rates TODAY?
  • Bernard Salt on The Big Shift
  • Whatโ€™s likely to happen in the property market in the โ€˜20s?
  • Whatโ€™s the government doing to assist with the coronavirus event?
  • What will the banks do if you struggle to make your mortgage repayments during this time?
  • Why donโ€™t we see high volatility in property?
  • The Endowment Effect
  • โ€œThe Inner Sanctumโ€ โ€“ Behind the scenes with our Buyers Agents (exclusive recording)
  • Who is likely to have job security right now?
  • Who should NOT act now?
  • Why is NOW one of the best times EVER to invest in property?

 

 

 

275 | 7 Grades of Financial Wellbeing – Which one are you?

Where do you sit on the ladder of financial success?

In this episode, weโ€™re unpacking a brand-new framework that outlines the seven grades of financial wellbeingโ€ฆ so you can self-assess your financial health in a way youโ€™ve never been able to do before!

Hereโ€™s the deal, folksโ€ฆ this is new, fresh content. Thereโ€™s actually nothing out there like this. โ€˜Cos what weโ€™re about to discuss is the overarching framework of ALL the frameworks weโ€™ve ever gone through over the last five yearsโ€ฆ and, truth be told, it probably took us from then โ€˜til now to get really clear on what weโ€™re about to teach today! And to say weโ€™re super excited to share this with you is probably the understatement of the year!

So, it goes something like thisโ€ฆ

Thereโ€™s a GRADING SYSTEM where you can work out exactly where you are on the ladder of financial successโ€ฆ and each grade โ€“ or level โ€“ has ACTION STEPS, including a โ€œmilestone moveโ€, that will move you either up or down this ladder. Obviously, the idea is to move UP a grade and you do this through incremental habits and mindset shifts that will lift you up through each grade… all the way to the โ€œwowโ€ Pinnacle! (This, by the way, is NOT Financial Peace โ€“ itโ€™s up there, but itโ€™s actually not the highest tip of the mountain!)

Need an image to grasp this concept? Think of the Karate belts โ€“ you start at a white belt and the โ€œbest of the bestโ€ is the black belt, right? But from white to black thereโ€™s a whole bunch of colours in between that show what grade youโ€™re in. And so, just like these karate belts, financial success has a very similar way to reveal where youโ€™re REALLY at. White, Yellow, Orange, Green, etc, etcโ€ฆ Pretty cool, right?

So, essentially, this epic framework is the Yellow Brick Road that paves the way to get to Oz. Or climb out of its opposite if you happen to be stuck in the undesirable grades.

In EACH grade (remember, thereโ€™s seven) weโ€™re walking you throughโ€ฆ

  • The Headline โ€“ the one liner that sums up this grade
  • The Backstory โ€“ what gets you to this grade
  • The Big Picture โ€“ the main signs of this grade
  • Action Steps โ€“ what to do to move up from this grade (and whatโ€™ll make you fall down one!)
  • The Feelings โ€“ what youโ€™re most likely to feel when youโ€™re here
  • The Milestone Move โ€“ the ONE THING thatโ€™ll move you up a notch ๐Ÿ˜‰

Soโ€ฆ where do you reckonโ€™ you sit? What colourโ€™s your karate belt on financial wellbeing?

Letโ€™s find, out shall we?

 

Free Resources Mentioned:

 

Covered in this Epโ€ฆ

 

ย Last week’s Freebie

Yup, we’ve curated all the frameworks mentioned last week and threw in all the links to the episodes and videos! Just fill in the form below and we’ll email the list… and heaps more!

Free resources: Top 5 Framework

Fill in the form below and we'll send it to your email straight away!

  • This field is for validation purposes and should be left unchanged.

 

 

 

274 | Coronavirus Special: Keep calm and carry on!

With the Coronavirus outbreak spreading across the globe and impacting the economy, it begs the questionโ€ฆ Is buying property right now still a good idea?

Well, without giving away todayโ€™s episode, the message we want to put out there is thisโ€ฆ Keep Calm and Carry On.

Because when wide-spread contagions like the Coronavirus break out, they snowball into something else thatโ€™s also highly contagiousโ€ฆ irrational human behaviour. So, our intention with this special episode is to separate facts from fiction so we stay informed about whatโ€™s really going on here without exasperating the issue until we have a crisis of confidence on our hands.

While weโ€™re 100% NOT health experts, weโ€™ve taken some very useful snippets from a recent ABCโ€™s 7.30pm program, so you can hear from those who are experts on infectious diseases. They will give you a clear look at the Coronavirus, explaining in detail how itโ€™s spread, whoโ€™s most at risk, what you can do to protect yourself and โ€“ perhaps most importantly โ€“ give you a realistic look at the numbers.

We have a few tidbits to add on the property side, incl. the Coronavirusโ€™s potential impact on property prices and who should be mindful of taking out a home loan during this time.

Basically, for the majority of folk, it will be thisโ€ฆ go full steam ahead. Donโ€™t stop what youโ€™re doing. Donโ€™t be irrational. Just keep calm and carry onโ€ฆ

(And for goodness sake, donโ€™t hoard the toilet paperโ€ฆ it only exasperates the issue! ๐Ÿงป๐Ÿงป๐Ÿงป )

Psstโ€ฆ in case youโ€™re wondering, weโ€™re talking about our epic New Framework NEXT WEEK!!! (Todayโ€™s episode just couldnโ€™t wait ๐Ÿ˜‰)

 

Free Resources Mentioned

 

Last week’s Freebie

Yup, we’ve curated all the frameworks mentioned last week and threw in all the links to the episodes and videos! Just fill in the form below and we’ll email the list… and heaps more!

Free resources: Top 5 Framework

Fill in the form below and we'll send it to your email straight away!

  • This field is for validation purposes and should be left unchanged.

Key Learningsโ€ฆ

 

 

 

 

RBA March 2020 – The Coronavirus Spreads Right Across The Economy

Itโ€™s the first Tuesday of the month which means the RBA Board has met and announced the official cash rate! And to no surprise, they’ve decided to cut it by 25 basis points to 0.5%. Now, this commentary features Ben’s update on the cash rate as well as the biggest impact on the data this month…

“COVID-19”, aka… The Coronavirus!

As you’re probably aware, the coronavirus has NOT slowed… in fact, it’s definitely leaving its mark on the economy… globally, as well as here in Australia. To give you an idea… last week alone, six trillion dollars was wiped off the world’s stock markets! Six trillion. So, what are we in for?

  • COVID-19 and it’s impact on the global and domestic economy
  • How is it affecting the demand side of our travel, tourism and educational sector
  • Updates on the countermeasures taken by the United States Fed Reserve
  • Movement in the Australian Dollar
  • Unemployment rate data and how’s our wage growth performing

 

 

 

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

For more information, please visit: http://thepropertycouch.com.au

Bonusisode with Nerida – RED Rooster & Property Prices?! ๐Ÿ”๐Ÿก

Folks, it’s officially March AND today’s Facebook LIVE with Nerida Conisbee, Chief Economist at realestate.com.au was like no other!!

So… what did we chat about? Here’s a rough list!
๐Ÿ‘‰ COVID-19 and what does it really mean for ordinary Aussies?
๐Ÿ‘‰ Will it cause a recession?
๐Ÿ‘‰ Why strong growth in debt is worrying for economic growth?
๐Ÿ‘‰ Are we looking at a housing undersupply in Australia?
๐Ÿ‘‰ Does dropping rates really have an impact given they are so low already?
๐Ÿ‘‰ Is Perth recovery here yet?
๐Ÿ‘‰ Are the price growth in Melbourne and Sydney sustainable?
๐Ÿ‘‰ What’s the Red Rooster traing line in Syndey?!
ย 
And of course,let’s take a bit of a “behind the curtain” look into realestate.com.au best performing properties, incl:
โœ” Most expensive property sold: https://www.realestate.com.au/sold/property-unitblock-nsw-maroubra-132890482
โœ” Most viewed Res Listing: https://www.realestate.com.au/property-acreage+semi-rural-vic-narre+warren+north-133075414
โœ” Most viewed Rental listing: https://www.realestate.com.au/property-unit-qld-mermaid+waters-428622226
โœ” Most viewed property going to auction: https://www.realestate.com.au/property-house-vic-carlton+north-132966134
ย 
p.s. Want more of this? Tune in to our episode on >>> http://thepropertycouch.com.au/

 

p.s. And of course, if you’d like more, subscribe to our podcast every Thursday at 3pm on iTunes, Spotify or your favorite podcast app!

 

 

 

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