X

RBA December 2020 – The Big Turn Around?!

Last cash rate announcement for the year folks and after last month’s cut, we know the Reserve Bank of Australia will not be moving the cash rate anytime soon. But yet, there are still A LOT of things happening globally and domestically.

So here’s Ben’s update on what’s happening to property markets around the world and in Australia.

 

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

👉 A Quick update Into The COVID-19 Health Crisis
👉 Who won the US Election and what to expect from now on?
👉 The trade war happening between Australia and China right now
👉 Australia’s Unemployment Story and the Wage Growth Index
👉 What’s Released in the most recent NSW & VIC Budget
👉 The Construction and Property Market Update
👉 What’s Next For The Australian Property Market?

 

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.

 

 

 

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

 

 

 

 

 

 

RBA November 2020 – A New Record Low Cash Rate For Australia!

Melbourne Cup Cash Rate announcement today and the RBA Board has just announced a new record low cash rate for Australia!!!

So here’s Ben’s update on what’s happening to property markets around the world and in Australia.

 

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

👉 What’s The NEW Cash Rate For Australia??
👉 A Deep Dive Into The COVID-19 Health Crisis
👉 Update On The US Economy… Including “Trump vs Biden”
👉 What’s Making Economic News In China?
👉 Europe Update As A Second Wave Of Coronavirus Hits
👉 Australia’s Unemployment Levels…
👉 What Does The Recent “ANZ Australian Job Ads” Reveal?
👉 Has Consumer Confidence Made A Comeback?
👉 What’s Predicted For Victoria Now It’s Out Of Hard Lockdown?
👉 Retail Sales: Are People Starting To Spend Their Money?
👉 What’s The Credit Story?
👉 Housing Finance: Everything You Need To know About Current Housing Loans
👉 New Data For Buildings Approvals Released Yesterday…
👉 Property Market Update
👉 What’s Happening With Auction Clearance Rates?
👉 What’s Next For The Australian Property Market?

 

 

And of course… 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.

 

 

 

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

 

 

 

 

 

 

Episode 310 | Is Property Just A Ponzi Scheme?

Have you ever questioned if property is as good as it’s cracked up to be? Like, is it really a sure-bet investment?

You’ve seen the headlines… You’ve heard us say certain properties should be in the “no go” zone for investors… And maybe you’ve even seen or heard about other property markets around the world that actually CRASHED – quite literally… some even plummeting in prices overnight.

So… What makes the Australian property market different? Is it guaranteed to NEVER fail? And how do we know “for sure” that your money is as “safe as houses”?!

Here’s the deal… a client of ours recently gave us some feedback after working with us. Feedback that, to be quite frank, made us stop in our tracks.

And we wanted to address that feedback today because, one, it raises a few valid points… and, two, we think this episode will help any of you folks out there who might have some reservations about the property market of your own… and/or you simply want to educate yourself more on the Australian property market, how it works and why investing in it isn’t going to end in tears in a few years down the track…

Suss the feedback we received below & Listen Now to hear our response!

 

The Feedback We Received…

A lot of millennials (including myself), are sceptical about property and put off investing because we read/consume a lot of stuff that is bearish on property. I would also say that I found it difficult to listen to the podcast because it is too ‘normie’ and doesn’t address/contend with a lot of the current zeitgeist outside the mainstream media that people consume nowadays (Zero hedge, Martin North, Real Vision, Jolly Swagman podcast, Nasim Taleb, Steve Keen, the case for crypto).

I put off investing in property for years because of this sort of content saying that property is a pyramid scheme for boomers and that valuations are only maintained due to central bank policy and credit availability. Instead of dismissing this stuff as conspiracy theories – actually take it on and come up with persuasive arguments against it instead of relying on me taking 5 years to find them myself.

  • admit that current immigration levels are unsustainable politically and can’t be a key driver of house prices
  • admit that the majority of growth in house prices is due to credit availability and decreasing interest rates
  • admit that there is nothing inherently different about Australia from say Ireland or Spain and their property crashes (other than maybe the ability to print our own currency). 
  • admit the risk of a Japanese lost decade and drop in consumption and birth rates caused by high levels of household debt.  

I would have felt way better going into this if I’d heard some strong arguments against this stuff. Having said all that – I want to invest in property because it’s a human need and it will never go to zero (wealth preservation). I remain sceptical of continued price growth (or at lease real price growth). However, I acknowledge that yes, the game is rigged for boomers but what choice do I have? Getting a bad return on real estate is better than doing nothing. If you want to get more (smart) millennials on board you need to address this stuff.

 

 

Free Stuff Mentioned

 

 

RBA October 2020 – Is Australia An Economy on the Mend?

It’s a big day today! With the RBA Board just announcing the October’s cash rate and the Federal Budget at 7:30pm AEDT tonight! 

So here’s Ben’s update on what’s happening to property markets around the world and in Australia.

 

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

 

 

And of course… 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.

 

 

 

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

 

 

 

 

 

 

RBA Sept 2020 – Have we reached a Turning Point in the Property Market?

It’s the first Tuesday of the month… which means the RBA Board has met and announced the official cash rate!

This video features September’s cash rate update, and because it’s also the first day of Spring, Ben is also giving you a special update on what’s happening to property markets in the developed world now that their economies are opening back up…

What’s discussed in this Update?

  • The US — “The Divided Nation” + how their property market is performing
  • China — Potential for a further rate cut + the property market update
  • United Kingdom — The economic and property story
  • New Zealand — The REINZ house price index + property sentiment
  • What this means for Australia… right now + moving forward!

 

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

 

 

And of course… 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.

 

 

 

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

 

 

 

 

 

 

Instagram

Free Resources

What to be notified when there are
new updates & free resources?

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

×

MONEY SMARTS SYSTEM

Plus We Will Also Notify You When We Release New Episodes

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

We Only Send You Awesome Stuff

×

SUGGEST A GUEST!

We Only Send You Awesome Stuff

×