Australia Economy Archives - Page 8 of 38

385 | THE GREAT AUSTRALIAN DREAM – How to make it more affordable?

By The Property Couch April 7, 2022 in Podcast

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Ahh yes, The Great Australian Dream. 🇦🇺☀️🏖️

Great beaches just a stone’s throw away, endless sunny days and the ability to own a large house on a quarter-acre block of land (With enough space to invite all your mates down for a barbeque on the weekend!)…

But while this dream has survived over the years, its accessibility is another thing entirely.

And it has not gone unnoticed!

A recent 2022 inquiry published by the Standing Committee on Tax and Revenue addresses this very issue…

Titled The Australian Dream: Inquiry into housing affordability and supply in Australia, it provides a list of suggestions on…

How to make The Great Australian Dream MORE affordable!!

And today, we’re unpacking all 16 recommendations from this report!!

There’s all the good stuff, like….

How can the Federal AND State Government play a bigger role in supporting those in need?!

Is removing stamp duty actually a good idea?!

What policy is a good policy for land and house taxes?

We’re also getting some blasts from the past as we look back at Australia’s history to inform us where our future should go…

Like what the Menzie Government did to increase house ownership post World War 2…

PLUS, see the image below to understand Ben’s section in “What’s Making Property News?” this week.

(It’s one of those stories which prove EXACTLY why you should hold out for the long-term!)

So strap in folks, we’re taking a hard look at our current property market and what NEEDS to change!!

Free Stuff Mentioned

Feeling brave enough to read all 200 pages of “The Australian Dream: Inquiry into housing affordability and supply in Australia”? Check it out here.
Click here to read the full story about the Sydney family who refused to sell their $50m property to developers (Related to Ben’s “What’s Making Property News?”)

Here’s some of the gold we cover…

1:50 – Grow silently, folks!
6:35 – How was The Great Australian Dream was born?
8:39 – Is Australia able to provide affordable stock anymore?
12:16 – #1: Changing the NIMBY-ism mindset
15:42 – #2: Cutting the Red Tape
20: 51 – #3: Cash incentives for state and local governments
23:45 – #4: More housing for the vulnerable
28:47 – #5: What can State Govs do to support those in need?
31:16 – #6: Discount-to-market vs. rent-to-own affordable housing
31:50 – What the Menzie Gov did to boost H___ O_____…
34:44 – #7: Using Super as…house security?!
39:23 – Ben has a controversial opinion on this!
40:28 – #8: No changes to N____ G___?!
43:09 – #9: The Argument for Removing Stamp Duty
46:00 – #10: Hello…Land Tax?!
46:39 – #11: The Government Sting on Developers
50:32 – #12: Reviewing the Build to Rent policy
53:10 – #13: Changing Lending standards…
55:10 – #14: The RBA’s role in housing (And if that should change!)
56:40 – #15: This one’s a no brainer, a big “YES!” from us
57:14 – #16: Support the concessional loans!
59:28 – What Labor thinks of this report…

And…

1:01:44 – Check out our socials – there’s a ton of (TPC) GOLD snippets on there!
1:04:00 – This is EXACTLY why you should hold out for the long-term!

RBA Cash Rate April 2022: An Invasion, a Mandate and a Federal Budget… What does this mean for you?

By The Property Couch April 5, 2022 in Podcast, RBA Announcement

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The Reserve Bank of Australia has just released their cash rate folks! A lot has been happening both internationally and domestically over the past month. The Russia-Ukraine war continues, the floods in QLD & NSW, the release of the Federal Budget 2022/23 and heaps more.

For today’s RBA release, here are our three other key themes for this month’s economic

The current economic impact of Russia’s invasion
Will China’s Covid elimination mandate cause further global supply & inflation problems?
What’s next for the Aussie Economy?

Plus, Ben also includes his latest news and commentary on…

US’s recent interest rate announcement and their take on Inflation
How is the global inflation story affecting the Equity Markets?
Australia’s GDP Data for the December Quarter
RBA’s standpoint on inflation and their next rate rise
The recently released Federal Budget
Recent Housing Credit and Building Approvals announcement
CoreLogic’s Home Value Index – 31 March 2022
And heaps more!

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

384 | Budget Wrap – Your Questions Answered!

By The Property Couch March 31, 2022 in Podcast, Q&A

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Yep. You guessed it. This week’s topic is all about…

The 2022-23 Federal Budget!!

And today, we’re unpacking what’s in it, who the winners and losers are, and answering your burning questions about the Budget!

We’re looking at:

What are the consequences of Government Backed Schemes?
Will the proposed Homeowner Guarantees actually help housing affordability and availability?

(We’ve got two really great questions about this at the end of the podcast, so stick around till then!!)

PLUS, we’re unpacking interest rates and inflation! Ensuring generational wealth! Rising cost of living! Wage growth!!

If you can’t tell folks, this one’s PACKED to the brim with information and we’re very excited to be diving into it today.

Tune in right now for the gold!

P.S Thank you to all our listeners for these fantastic questions – it’s been fun picking our brains.

Got more questions? Send them to us through our Speak Pipe (Click the tab on the bottom right side of our website)

P.P.S Questions are listed further below👇 Enjoy!

Free Stuff Mentioned

Read the 2022-23 Federal Budget here!
Click here to see what suburbs are considered regional!
See Bryce’s Live Text Lifehack in action here
Read CoreLogic’s report on Coastal Erosion here
Did you miss Ben and Antonia Mercorella’s PICA (Property Investors Council of Australia) Webinar? Become a member here, and don’t miss another one!

Here are the Questions We Answer…

Luke on Regional areas

“What areas are considered regional?”

Char Williams on the Expansion of the Home Guarantee Scheme for First Home Buyers

“Does the federal budget help property investors? Also, will the expansion of the home guarantee scheme for first home buyers just continue to increase house prices due to lack of stock?”

Dan Coletti on If Budget will help Cost of Living

“Hey Benji and Big Brice 🤭,

Would a question here trigger a start and build course voucher 🤷🏼‍♂️🙋🏼‍♂️🙏😉?

So here goes- will these budget commitments to “help” in the cost of living, drive a false economy and therefore enacting a potential for a premature interest rate rise and amount.”

shaunjb_ on RBA Interest Rates

“Could we expect the RBA to respond by increasing rates earlier than anticipated due to some of these announcements?”

Positive.jules on Consequences of Government Backed Schemes

“Thoughts on the potential consequences of these government backed schemes that could push first home buyers into a negative equity. A position I imagine at current times isn’t even seen as a risk to many getting into the market with low deposits and assumed continuous growth as seen in the hot market.

Love ya work boys and GO PIES! #piesflag2022 #believe”

Luke Keegan on Creating Generational Wealth

“What can i do now to ensure my young children (1 & 3) will be able to have a home in adulthood?”

Brendan Mutsaers on the Impacts of the 5% Government loan

“Will all the backing of government with 5% loan or less lead to poor quality borrowers and higher defaults? Thinking seeds of sub-prime loans.”

Danielle Shacklock in response to Brendan Mutsaers’ Question:

“I got a 5% loan as a single mum. Brought a new SUV, all new furniture, invest in shares for my kids invest in my super and have paid 10% of my home off in under 12 months. Onto the next. I put extra into my home loan and brought smart.

I am wanting a holiday home next. I don’t think all 5% loans are set for failure. If I default on my home with the rental crisis I risk homelessness as there’s no rentals available anywhere ever.

I’ve already been in 12

Months and have now kept my stamp duty waiver.

Just because people secure these loans doesn’t automatically mean they can’t manage money. The onus is back on the person lending not the lenders.

Interesting question.”

Here’s some of the gold we cover…

3:00 – What Ben and Antonia Mercorella’s covered in their recent PICA Webinar…
5:57 – Are you avoiding taking real action?
7:52 – How Australia is faring after coming out of COVID-19…
13:40 – The Budget Headlines (Who are the winners and losers)
26:55 – The Winners in Property: The 3 homeowner guarantees and housing affordability
32:10 – Refreshing stock in the bush
35:00 – Insurance and fire and flood support
37:30 – A boost in the infrastructure and tourism industries
40:15 – The Losers in Property: Why our S___ should be paying for build to rent programs!
41:42 – Q1: What areas are considered regional?
42:59 – Q2: The Expansion of the Home Guarantee Scheme
45:54 – Q3: Will the Budget help Cost of Living?
49:50 – Q4: RBA and Interest Rates
52:30 – Q5: Consequences of Government Backed Schemes
54:21 – Q6: Creating Generational Wealth
56:25 – Q7: Impacts of the 5% Government loan

And…

1:01:53 – We love the Live Text!
1:04:02 – Top #10 suburbs threatened by….C____ E____!

RBA Cash Rate March 2022: When Will We Have The First Rate Rise?

By The Property Couch March 1, 2022 in Podcast, RBA Announcement

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There’s a lot happening in the world since Ben’s previous RBA update and unfortunately, there’s not a lot of great news out there from a geopolitical point of view.

Tune in to this episode where Ben unpacks three key themes for this month’s economic update:

What does Russia’s invasion of Ukraine mean for the global economy?
When will the first rate rise be?
How will the reopening of international borders affect the Australian economy?

Plus, Ben also includes his latest news and commentary on…

The Russia-Ukraine War and its impact on Global economy
Current imposed sanctions on Russia
Equity market updates
Economic updates for other world economies
RBA’s standpoint on inflation and wage growth and their next rate change
What impact will the reopening of the international border have on the Australian Economy?
And heaps more!

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

377 | Property Market Outlook 2022 – Chat with Nerida Conisbee

By The Property Couch February 10, 2022 in Podcast

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It’s that time of year when everyone is interested in where the property market is going… And so are we!

That is why we’ve gone and locked in a chat with Australia’s most quoted property commentator, Nerida Conisbee, a great friend to the show as well as Chief Economist at Ray White!

Before we spill all the great things on Nerida’s 2022 Outlook, we want to take a moment and thank all our Summer Series Guests!

It was an honour and privilege to have all of them on the show and we cannot thank them enough for their honesty and transparency on their transformation journey. And if you’ve been equally inspired by their stories, we want you to take action this year and get in touch with us when the time comes for the next Summer Series!

Now folks, back to today’s episode…

If you’ve been listening to us for some time, you would know that Nerida is no stranger to the show. With an innate ability to explain complex economic (and sometimes political) scenarios in a simple and easy to digest manner, Nerida will be reviewing the year just gone.

Of course, that’s not all! (This episode is called 2022 Property Market Outlook after all!)

We’ll be unpacking some of the expected market movement this year, interest rate hikes, affordability and heaps more!

Free Stuff Mentioned

Leave a Review on iTunes for your chance to Win a Start & Build Course!
Would you like help setting up/reviewing your Money SMARTS? Learn more at thepropertycouch.com.au/moneysmartshelp or fill in the form below to register your interest!

Here’s what we cover…

3:30 – Do you need help with setting up/reviewing your Money SMARTS?
6:30 – Here’s your New Year Resolution from us 😉
7:08 – We’ve got a present for our listener called “Mumof5grownups” who left us a review on iTunes! If that’s you, reach out to us right now at [email protected].
8:08 – Wanna get free access to our Start & Build Course (RRP: $497)?
8:48 – Mindset Minute: Why are the bad days more important than the good days?
10:30 – Meet Nerida Conisbee, our long-time friend and Chief Economist at Ray White
12:45 – What did the government fail to do but the pandemic didn’t?
14:35 – THIS market was incredibly HOT in 2021… Will it continue in 2022?
17:01 – Which market will be affected by the reopening of international borders?
18:50 – Will the disparity between the house and unit market increase?
21:12 – Is this the Golden Decade for Brisbane?
23:45 – The Affordability Debate and our upcoming Federal Election
26:40 – The rise of the holiday homes!
30:37 – Initiatives to increase supply and improve affordability
32:30 – What can we learn from Singapore’s model on housing supply?
35:15 – The Housing Affordability Inquiry and its challenges
39:50 – Interest rates in 2022! What is the RBA really targeting?
42:40 – Folks, are you ready for a rate hike???
45:38 – The 4^th most expensive city in Australia!! Is it sustainable?
50:55 – Will we continue to see a double-digit price growth this year?
53:13 – What will regional markets look like post-pandemic?
56:23 – How are listings looking like in the coming months?

And

59:35 – Renovation tips from Bryce!
1:01:35 – RENT THEFT from the Government?! (#Impossible)

How to make The Great Australian Dream MORE affordable!!

Free Stuff Mentioned

Here’s some of the gold we cover…

Plus, Ben also includes his latest news and commentary on…

The 2022-23 Federal Budget!!

Free Stuff Mentioned

Here are the Questions We Answer…

Here’s some of the gold we cover…

Plus, Ben also includes his latest news and commentary on…

Free Stuff Mentioned

Here’s what we cover…

Instagram

Free Resources

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