Scouting Australia Podcast
Tim Lawless - Head of Research at CoreLogic Breaks down the Interest Rate Announcement
Jun 18, 2024
Join Sammy Gordon and Tim Lawless, Head of Research at CoreLogic, as they break down the latest Interest Rate Announcement. They discuss the recent RBA interest rate announcement, inflation rates, the impact of ending fixed rate mortgages on borrowers, Australian financial struggles, and housing market analysis.
28:54
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Speculation about a potential rate cut due to uncertainties in inflation and labor market.
- Impact of fixed-rate mortgages expiring may pose challenges for borrowers transitioning to higher rates.
Deep dives
Current State of Interest Rates and Speculation on Future Movements
The podcast discusses the recent interest rate decision by the RBA, highlighting that the cash rate has been steady since a small hike in November. Speculation arises about the possibility of a future rate cut due to uncertainties in inflation, productivity, and the labor market. While most economists predict a downward trend, a few suggest a potential rate hike. The next movement is anticipated to be downward, likely occurring in early 2023.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
