Will the Reserve Bank of Australia hike interest rates in August?
Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions!
In this week’s episode, Chris and Pete cover:
1 – Should affordable housing be a human right?
2 – Housing targets are a fantasy
3 – Buying homes is becoming a multigenerational affair (Jarden)
Episode resources
Inflation, policy, and regulation
https://jamesfostermacro.blogspot.com/2024/06/australian-cpi-4-in-may.html
https://petewargent.blogspot.com/2024/06/restrictive-financial-conditions-but.html
https://www.rba.gov.au/speeches/2024/sp-ag-2024-06-26.html
https://www.apra.gov.au/news-and-publications/apra-chair-john-lonsdale-speech-to-australian-banking-association-conference
Story 1 – Should housing be a human right?
https://www.davidpocock.com.au/new_bill_to_help_achieve_human_right_to_housing
https://www.abc.net.au/news/2024-06-24/should-housing-be-a-human-right-thats-what/104013916
https://amp.theguardian.com/australia-news/article/2024/jun/24/should-australia-recognise-housing-as-a-human-right-two-crossbenchers-are-taking-up-the-cause
https://www.afr.com/politics/federal/pocock-tink-push-for-10-year-housing-and-homelessness-plan-in-law-20240622-p5jnvd
https://en.wikipedia.org/wiki/Right_to_housing
Story 2 – Housing targets are a fantasy
Housing targets are a fantasy
https://www.macrobusiness.com.au/2024/06/australias-housing-targets-are-a-fantasy/
Story 3 – Buying homes is becoming a multigenerational affair
Buying homes becomes a multigenerational affair (Jarden)
https://www.news.com.au/finance/economy/australian-economy/shock-sum-parents-need-to-give-their-kids-to-buy-first-home/news-story/e1f26f84773e3cad3bcf8b0a0cc0c420
https://www.macrobusiness.com.au/2024/06/buying-a-home-becomes-multigenerational-undertaking/
~~ Resources you'll love ~~
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.
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