This is a recording of a recent interview I gave on ABC New Radio, where I discussed the latest IMF report which highlights the risks to the Australian Property market. Australia has one of the most “misaligned” housing and rental markets in the developed world, leading to high priced land and houses.
Property prices in Australia may be as much as 50 per cent above what an average household can afford as interest rates rise, a global analysis has revealed while warning the market is at risk of a major crash as interest rates are pushed up to bring inflation under control.
We hold the prize for unaffordable housing, and rents, and the IMF believe we are due a correction. Is this likely? Will the Government save us?
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Talking About An Australian Property Price Crash On The Radio! [Podcast]
This is an edited version of our latest Property Rant, and live Boxing Day show in replay, discussing the latest from the property market and looking ahead to 2023.
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Its Edwin's Live Property Rant Of The Year (HD Replay) [Podcast]
This is an edited version of my recent live discussion with Investment Manager Tony Locantro from Alto Capital in Perth as we reflect on the year that was, and what is coming in 2023. Plenty more Locantro Bingo…
We fixed up the audio glitch which was on the live version https://youtu.be/9E4XqabXhzM
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Digital Finance Analytics (DFA) Blog
DFA Live Q&A HD Replay: Tony Locantro - Year In Review And Ahead [Podcast]
The latest ABS stats show a remarkable turnaround in net overseas migration as the “Big Australia” policy is re-activated. But as a result, we are likely to exceed the Government targets, with a large influx of students and workers, which are likely to depress wages growth, put upward pressure on rentals and increase congestion in our major Cities.
Big Australia, without joined up planning, will be another disaster, to the detriment on many ordinary Australians, while supporting the property, business, and education lobbyists.
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This is an edited version of a live discussion with Cameron who recently republished his book from 2017 Game of Mates: How favours bleed the nation as Rigged “How Networks Of Powerful Mates Rip Off Everyday Australians”.
This book will open your eyes to how Australia really works. It’s not good news, but you need to know it.’ – Ross Gittins
‘You’ll be shocked at how far the Mates have their hand in your pocket.’ – Nicholas Gruen
Australia has become one of the most unequal societies in the Western world, when just a generation ago it was one of the most equal. This is the story of how networks of Mates have come to dominate business and government, robbing ordinary Australians.
Every hour you work, thirty minutes of it goes to line the Mates’ pockets rather than your own. Mates in big corporations, industry groups, government departments, the halls of parliament and the media skew the system to suit each other. Corporations dodge taxes, so you pay more. You pay more for your house and higher interest rates on your mortgage, more for your medicines and transport, and more for your children’s education and insurance, because the Mates take a cut.
Rigged uncovers the pattern of political favours, grey gifts and information-sharing that has been allowed to build up over two decades. Drawing on extensive economic research, it exposes the Game of Mates as nothing less than cronyism on a grand scale across Australia and how we have fallen behind other countries in combating it.
We also discuss housing policy and economics in general.
Dr Cameron K. Murray is a Research Fellow in the Henry Halloran Trust at the University of Sydney and an economist specialising in property and urban development, environmental economics, rent-seeking and corruption. Professor Paul Frijters teaches at the London School of Economics and was previously Professor of Health Economics at the University of Queensland.
http://www.martinnorth.com/
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DFA Live Q&A HD Replay: Cameron Murray: Mates, Power, Politics & Economics [Podcast]
Another outing with our property insider Edwin Almeida, as we look at the latest in the rental sector, the latest listing numbers, and the latest from our We-Chat chatters…
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Digital Finance Analytics (DFA) Blog
Its Edwin's Monday Evening Property Rant! [Podcast]
My latest Friday afternoon chat with Journalist Tarric Brooker, as we walk through the key charts as we come to the end of 2022. So, what might 2023 look like?
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