Lowe’s watershed speech
The 2021 Anika speech was used to deliver three key messages to the market: 1/ The outlook for QE is further tapering. 2/ They need CPI near 2.5% before hiking. 3/ The market is wrong in pricing rate hikes in 2022 & 2023.
Category: Housing
Financial Stability and Mortgage dynamics
My argument for a May rate cut by the RBA basically boils down to the observation that inflation is very
Underwater mortgages
The fact that Australian house prices are now back to 2016 levels (or below in some areas) means that there
The problem with Aussie Housing
The RBA just released their semi-annual Financial Stability Review (FSR). Predictability, the FSR plays down the risks from the maturity
Here comes the housing downturn?
It’s been ages since I blogged here — partly because the issues facing the Australian Economy haven’t changed much over
ricardian ambivalence 