Every Sunday morning, leading Australian property economist and buying expert Pete Wargent and NSW’s #1 mortgage broker Chris Bates jump into the top 3 news stories for property investors in our super-popular segment called “2 Sense Property” on The Australian Property Podcast.
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In this episode of The Australian Property Podcast:
- The Reserve Bank of Australia – ON HOLD!
- Early indications from spending trackers (like ANZ data) is that spending slowed in March
- A retail recession?
- Has the housing market already ‘bottomed’?
- SQM Research now forecasts gains in 2023, especially in Sydney where rents are rocketing, and also in Perth!
- What’s the impact of WFH and AI on knowledge workers?
- Could lead to some amazing productivity gains for some people
- On the other hand, could replace many jobs and leave lower-skilled workers with nothing to do. Then what? UBI?
- Like with the internet, social media, and iPhone, it will be up to you to position yourself to benefit, rather than lose out
The “bottom of the market is a process, rather than an event” – Pete Wargent