Podcast appearances and mentions of michelle bullock

RBA governor Michelle Bullock says a trade war with the US would have a global impact; US prosecutors to seek the death penalty for Luigi Mangione; and, in tennis, Daria Kasatkina prepares for her first match representing Australia at the Charleston Open.

R-B-A governor Michelle Bullock days a trade war with the US would have a global impact - Aboriginal leaders sumbit complaint to a United Nations Committee on Racial Discrimination - And, Macey Sheridan makes history as the Northern Territory's youngest state Sportsperson of the year.

Electricity makes up a smaller slice of household spending than beer or takeaway – yet power bills spark outrage like nothing else. With prices set to jump 30%, is the government trapped in an endless cycle of rebates? Plus, a restaurant collapse leaves workers unpaid, exposing a major flaw in Australia's wage safety net. Meanwhile, cash is dying, and the Reserve Bank says it might not last another decade. Will you still be using it in 10 years? Emilia Terzon - ABC national business reporter James Eyres - Banking and payments writer, the Australian Financial Review, Get in touch:We read all of your emails, and appreciate each one. Please keep them coming theeconomy.stupid@abc.net.au or use the #PeterMartinEconomy on Instagram to get our attention. 

The ASX 200 fell another 27 points to 8296 (-0.3%) after an early rise, hitting a one- month low. Banks once again led us down, CBA dropping 2.6% and ANZ off 1.4% with the Big Bank Basket at $246.63 (-1.8%). MQG dropped 1.5% and ASX down 3.3% with QBE doing well on results and rose 3.0%. GMG put on another 1.0% and REITs were slightly mixed. Industrials suffered, WES down 1.9% and ALL continuing to slide down 1.2%. Retail still struggling, JBH off 0.4% and LOV down 2.8%. GYG dropped 14.3% on slower US growth. Apparently, they already have Mexican food there. LNW down 2,6% and JIN fell 8.8% on lack of big payouts. Tech fell, XRO down 1.3% with the All-Tech Index off 1.7%. Resources were generally better, iron ore miners rose on Chinese steel demand, BHP up 2.8% and RIO up 2.8%. PLS gave back some gains, MIN copped a rare upgrade from Barrenjoey, up 5.0% and gold miners were mixed. NEM rose then fell 2.4%, GMD bounced back 4.1% and SPR up 2.8%. DYL bounced back 5.1% with the sector becalmed. WDS and STO flat. YAL delivered good results and rose 3.0%. Om corporate news, The Americans are coming. CoStar bid for DHG and Cosette bid for MYX. SPK fell 19.2% on a guidance downgrade. AX1 rose 1.4% despite slashing dividends. TLX delivered yet again and EOL soared 29.7% on great numbers. In economic news, Japan's inflation rate climbed to 4% up from 3.6% in December. Asian markets pushed higher again on Alibaba results, HK up 2.9%, China up 1.2%. 10-year yields steady at 4.51% Michelle Bullock's comments in focus.Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you.If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

On Tuesday afternoon, the Reserve Bank cut the official cash rate to 4.1 per cent. It’s the first interest rate cut since 2020, after 13 consecutive hikes between May 2022 and November 2023. Treasurer Jim Chalmers welcomed the cut, saying it's a relief “Australians need and deserve”. But RBA governor Michelle Bullock has warned not to expect further cuts and given the impact on mortgage repayments will be modest, how much political mileage the government can get out of this remains to be seen. Today, managing editor of The Saturday Paper Emily Barrett on what the Reserve Bank’s decision tells us about the state of the economy and how it will shape the looming election campaign. Socials: Stay in touch with us on X and Instagram Guest: Managing editor of The Saturday Paper, Emily BarrettSee omnystudio.com/listener for privacy information.

The Australian takes a closer look at the Treasurer’s turn of phrase – and we unpack what it says about Jim Chalmers’ leadership ambitions. Find out more about The Front podcast here. You can read about this story and more on The Australian's website or on The Australian’s app. This episode of The Front is presented and produced by Kristen Amiet, and edited by Josh Burton. Our regular host is Claire Harvey and original music is composed by Jasper Leak.See omnystudio.com/listener for privacy information.

Amy Remeikis, formerly with The Guardian Australia and now with The Australia Institute joined Dom Knight for Nightlife News Breakdown

The Reserve Bank has held the cash rate steady, as expected by economists, with a warning: inflation remains too high. While central banks around the world have already started cutting rates, Central Bank of Australia (RBA) governor Michelle Bullock says they also raised rates much higher than in Australia. Listen to SBS Sinhala explainer for more information. - ඕස්ට්‍රේලියානු ආර්ථික විද්‍යාඥයින් අපේක්ෂා කළ පරිදි ඕස්ට්‍රේලියානු මධ්‍යම බැංකුව මුදල් අනුපාතිකය ස්ථාවරව තබා තිබේ. මේ අනුව ඕස්ට්‍රේලියාවේ උද්ධමනය ඉතා ඉහළ මට්ටමක තවමත් පවතින බවට අනතුරු ඇඟවීමක් සිදු වේ. මේ වනවිට ලොව පුරා මහ බැංකු පොලී අනුපාත කපා හැරීමට පටන් ගෙන ඇති අතර, ඕස්ට්‍රේලියානු මහ බැංකු ආණ්ඩුකාර Michelle Bullock පවසන්නේ එම රටවල් ඔස්ට්‍රේලියාවට වඩා බොහෝ සෙයින් පොලී අනුපාත ඉහළ නංවා සිටි බවයි. මේ පිලිබඳ වැඩිදුර තොරතුරු අද කාලීන තොරතුරු විග්‍රහයෙන්.

The Reserve Bank has held the cash rate steady, as expected by economists, with a warning: inflation remains too high. While central banks around the world have already started cutting rates, RBA governor Michelle Bullock says they also raised rates much higher than in Australia.

When Jim Chalmers said that interest rate hikes were “smashing the economy” he was either stating the obvious or starting a war, depending on who you ask. For weeks – in question time and in the news – a picture has been forming of an aggrieved treasurer, angry at the governor of the Reserve Bank. At the same time, senior unnamed Labor insiders have called Michelle Bullock a “nutter” and the RBA board “weirdos”. But behind the apparent breakdown between the government and the Reserve Bank, there's a much more bitter feud going on: between Jim Chalmers and Angus Taylor, who has recently walked away from a bipartisan plan to fix the Reserve Bank. Today, special correspondent for The Saturday Paper Jason Koutsoukis on how the deal unravelled and what it means for the future of the Reserve Bank. Socials: Stay in touch with us on Twitter and Instagram Guest: Special correspondent for The Saturday Paper Jason Koutsoukis

Michelle Bullock fires back after criticism on interest rates; AirTrunk's $24 billion data centre deal; Optus & TPG get greenlight from ACCC; oil surplus drives prices down; CCA calls for us to eat less red meat; beef exports hit record highs; trade surplus widens; crypto being left in wills; and Kyle Rodda joins us for the Market Wrap.   Host: Deborah Knight Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

The Reserve Bank has been under fire for its interest rate agenda, but a speech from Governor Michele Bullock has reiterated that we're nowhere near rate cuts yet.See omnystudio.com/listener for privacy information.

Dunn Street founder and Community Organiser Stephen Donnelly was joined by managing partner at Mandala, Amit Singh. Amit joins the show to give us the rundown on where Australia's economy is at including the mixed messages we're getting from data, the contradictory stances from our Treasurer, Jim Chalmers, and RBA governor, Michelle Bullock, and what we need to be thinking about when looking at the future of our economy.Join the Socially Democratic Patreon: https://tinyurl.com/45bc4wubThe presenting sponsor of the Socially Democratic podcast is Dunn Street. For more information on how Dunn Street can help you organise to build winning campaigns in your community, business or organisation, and make the world a better place, look us up at: dunnstreet.com.au Support the Show.

The ASX finished the week strongly as reporting season reaches the half way point. Among today's headliners, business banking giant NAB and Real estate website Domain. Rena Sarumpaet speaks with Domain CEO Jason Pellegrino about its result. Plus, RBA governor Michelle Bullock fronts senate – for more, Rhayna Bosch speaks to Kate Harahan, Private Client Adviser at Sequoia Wealth Management.

The ASX finished the week strongly as reporting season reaches the half way point. Among today's headliners, business banking giant NAB and Real estate website Domain. Rena Sarumpaet speaks with Domain CEO Jason Pellegrino about its result. Plus, RBA governor Michelle Bullock fronts senate – for more, Rhayna Bosch speaks to Kate Harahan, Private Client Adviser at Sequoia Wealth Management.

Today's CPI data may force the Reserve Bank of Australia (RBA) to choose between maintaining credibility and addressing persistent inflation. Joining Jonathan Jackson in the Proactive studio to talk about potential outcomes is StoneX vice president – Derivatives, Everett O'Chee. In its June policy update, the RBA board committed to achieving its inflation target with Michelle Bullock emphasising the need for favourable conditions to reach the 2-3% range. Recent trimmed mean inflation rates were 1.2%, 0.8% and 1%, totalling 3%. A quarterly rate above 0.8% would surpass the RBA's forecast of 3.8% for June 2024. A trimmed mean inflation rate of 1% or higher could necessitate a 25 basis point hike to uphold the RBA's anti-inflation stance. Further hikes may be needed, as a 100bp increase in the cash rate only reduces trimmed mean inflation by 0.20%, according to the RBA's MARTIN model. Inflation has remained high with monthly trimmed mean rates around 4% since December 2023, rising to 4.4% in May. The RBA also faces challenges in maintaining independence from a government implementing tax cuts and fiscal stimulus. Compared to the US, UK and New Zealand, where rates are above 5%, Australia's peak rate is 4.35%, contributing to inflation rates comparable to developing countries. With an annualised trimmed mean inflation rate of 4.0% and a cash rate target of 4.35%, Australia's real rates are only 0.35%, insufficient to control inflation. The RBA is not yet ready to consider easing rates, unlike its developed market peers. Thus, Wednesday's CPI data is critical for the RBA's credibility ahead of the August 6 meeting. #ProactiveInvestors #StoneX #CPIData #RBA #Inflation #EconomicPolicy #InterestRates #MonetaryPolicy #AustraliaEconomy #FiscalStimulus #MichelleBullock #TrimmedMean #EconomicOutlook #RateHike #CentralBank #FinancialStability #GlobalEconomy #DevelopedMarkets #FiscalPolicy #EconomicForecast #MarketTrends #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Treasurer Jim Chalmers says he's got the balance right ahead of the Federal budget. So, what's driving him – and kind of budget will it be? Find out more about The Front podcast here. You can read about this story and more on The Australian's website or on The Australian's app. This episode of The Front is presented and produced by Kristen Amiet and edited by Josh Burton. Our regular host is Claire Harvey. The multimedia editor is Lia Tsamoglou and original music is composed by Jasper Leak.See omnystudio.com/listener for privacy information.

Can Taylor Swift really be everything, to everybody?Way before the pop star took Melbourne by storm with three sparkle and tear-filled concerts, earlier this week, she captured the hearts of everyone from toddlers, to our prime minister, Anthony Albanese.Reserve Bank governor Michelle Bullock recently cited the scrambling for Swift tickets as a lesson in fiscal responsibility. And educators and leaders now use Swift to teach us everything from urban planning to legal principles.But, on the eve of Swift's Sydney shows, which begin Friday, we have to ask: is there something about Taylor that's led to her all-encompassing cultural relevance? Today, culture and lifestyle reporter Nell Geraets tells me about this. Or whether there's a perfect storm, of sorts, at work here.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

Can Taylor Swift really be everything, to everybody?Way before the pop star took Melbourne by storm with three sparkle and tear-filled concerts, earlier this week, she captured the hearts of everyone from toddlers, to our prime minister, Anthony Albanese.Reserve Bank governor Michelle Bullock recently cited the scrambling for Swift tickets as a lesson in fiscal responsibility. And educators and leaders now use Swift to teach us everything from urban planning to legal principles.But, on the eve of Swift's Sydney shows, which begin Friday, we have to ask: is there something about Taylor that's led to her all-encompassing cultural relevance? Today, culture and lifestyle reporter Nell Geraets tells me about this. Or whether there's a perfect storm, of sorts, at work here.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

Australian politicians are notable for their arrogance and the degree to which they are out of touch with the concerns and problems of ordinary citizens. But if there's a cohort that's even more so, it's powerful bureaucrats. There's an extra layer of disdain and arrogance with bureaucrats like the boffins at the Reserve Bank or the Australian Taxation Office, because they're not accountable to the Australian people. They're appointed rather than elected, and they can enjoy exercising the power they hav eover people's lives without fear of being turfed out at the next election. The RBA can make big decisions that have huge impacts on families all over Australia without having to explain themselves or face the wrath of the electorate. And so they do. As I have commented previously, most of the members of the Reserve Bank board are wealthy elites, people who typically earn over a million dollars a year. They spend most of their time in their ivory tower offices or luxury homes, and spend zero percent of time speaking to people at street level. If they ever get out and about, it's usually to speak at a business lunch where they can rub shoulders with other wealthy elites. When Philip Lowe ended his reign of terror as Governor of the Reserve Bank, I celebrated because I saw him as a particularly blinkered individual who frequently lectured the nation that he knew what was best for us … … and that we shouldn't complain that he's nonchalantly added over $1,000 a month to the living costs of ordinary families, without achieving the end game – which was to tame inflation. Imagine my surprise and alarm to discover that the new RBA Governor is even more arrogant and out of touch than Philip Lowe. Michele Bullock, who could have a future career an undertaker or possibly an executioner, has made a number of public pronouncements that indicate she doesn't give a toss about the lives of families with mortgages. According to the RBA's new Grim Reaper, Australian households are doing just fine. “Households and businesses are actually in a pretty good position,” she announced recently. How has she arrived at this stunning conclusion, because we know she hasn't been going door to door to speak to people? My best guess is that she's looked at some graphs on a computer screen, which is what economists tend to do before making inaccurate predictions about the housing market and other pronouncements that leave many Australians shaking their heads.

If you've been thinking there are have been a lot of female leaders under fire lately, you might have noticed the glass cliff phenomenon; it's when a woman is put into a position of leadership during a company crisis. Fortescue Metals chief executive Fiona Hick and the Australia Post CEO Christine Holgate have both had to resign after relatively short tenures and major issues at their companies. Now RBA boss Michelle Bullock and Qantas CEO Vanessa Hudson have both just been appointed during very murky times for both organisations. In this episode of The Briefing Antoinette Lattouf speaks with Shivani Gopal, CEO of EllaDex, about what needs to be done to change this phenomenon.   Headlines: Boris Johnson has begun Covid Inquiry   Immigration re-detain laws passed FBI arrests man in the US connection to Queensland Wieambilla shootings  Taylor Swift named Time magazine's Person of the Year   Follow The Briefing:Instagram: @thebriefingpodcast Facebook: TheBriefingNewsAUTwitter: @TheBriefingAU  See omnystudio.com/listener for privacy information.

At a gathering of central bankers in Hong Kong on Tuesday, RBA Governor, Michelle Bullock claimed that household finances in Australia are holding up well, despite 4.25% of rate hikes. The rookie RBA governor appears even more out of touch than her predecessor. “Households and businesses in Australia are actually in a pretty good position. … Continue reading "Everything Is Fine Boys… Honest!"

The Reserve Bank Governor, Michelle Bullock, has claimed that most Aussies are coping well with the 13 interest rate rises since May last year   The wife of Ukraine's military intelligence chief was poisoned in an apparent assassination attempt    41 tunnel workers in India who had been trapped underground for 17 days have finally been rescued   In cricket, Glenn Maxwell stole the show for the Aussies in the latest T20 against India   Dolly Parton has explained why she refuses to send and receive text messages    Matt Shirvington is heading to Summer Bay See omnystudio.com/listener for privacy information.

This week on the podcast, James and Anthony take us onto the floor of the Origin Energy takeover meeting and into the back rooms where this incredible battle is playing out, look at the mess at OpenAI and ask what Michelle Bullock is trying to tell us about interest rates. To ask a question, email chanticleer@afr.com This podcast is brought to you by PGIM.See omnystudio.com/listener for privacy information.

Michelle Bullock says wage rises are adding to inflation  More than two dozen people arrested during a Pro-Palestinian rally   Hopes grow of deal in Gaza 3G mobile wrapping up Socceroos take 1-nil win over Palestine in World Cup qualifier  BBC takes Top Gear off the air  See omnystudio.com/listener for privacy information.

Michelle Bullock says wage rises are adding to inflation  More than two dozen people arrested during a Pro-Palestinian rally   Hopes grow of deal in Gaza 3G mobile wrapping up Socceroos take 1-nil win over Palestine in World Cup qualifier  BBC takes Top Gear off the air  See omnystudio.com/listener for privacy information.

Michelle Bullock says wage rises are adding to inflation  More than two dozen people arrested during a Pro-Palestinian rally   Hopes grow of deal in Gaza 3G mobile wrapping up Socceroos take 1-nil win over Palestine in World Cup qualifier  BBC takes Top Gear off the air  See omnystudio.com/listener for privacy information.

Welcome to episode 32 season 3 of the Expat Mortgage Podcast where we discuss the latest issues of securing and maintaining an Australian mortgage whilst you are an Australian expat. In this episode, we discuss all things Data. We discuss the slew of new data that has been released from the ABS and the updated RBA minutes with regards to Michelle Bullock's first rate decision. We discuss the outlook, as well as a mini-wrap of the year. Upcoming Webinar Registration: http://bit.ly/46jWTYK - Managing An Australian Mortgage & Property Portfolio Webinar Series – Session 3: Growing your Portfolio. If you like the content, make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. Enjoying the podcast? Why not leave us some feedback here: bit.ly/3nmzhie The Expat Mortgage Podcast is all about helping Australian expats secure and maintain a Australian mortgage whilst they're living and working overseas. This podcast is brought to you by Atlas Mortgages which is part of the Atlas Wealth Management Group who is the leading provider of Australian expat financial services. Atlas Mortgages works with Australian expats in over 45 countries and we make it our job to speak to 30 Australian Mortgage Lenders and review over 500 Australian Mortgage products to ensure that not only can you that mortgage as a Australian expat but also provide you with a loan that is right for you and your circumstances.

The RBA has delivered its first interest rate rise since Michelle Bullock took over from Philip Lowe as Governor, up 25 basis points to 4.35%, the highest in 12 years. So what needs to change for the pain to stop? This was recorded on Tuesday 7th November 2023 and things may have changed since recording. The Australia Institute // @theausinstitute Guest: Greg Jericho, Chief Economist, the Australia Institute // @GrogsGamut Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Producer: Jennifer Macey // @jennifermacey Edited by: Emily Perkins Theme Music: Pulse and Thrum; additional music by Blue Dot SessionsSupport Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.

Yields on US and Australian 10-year bonds are up over 0.5 ppt in just under a month, but have they gone too far? Principal Economist Drew Klease and Chief Economist Dr Matthew Peter bring you all the insights on the bond market rout, Michelle Bullock's first RBA call and the pressure building abroad for rates to go even higher. It's Take Ten, and it's out now.

In this week's episode, Joel is filling in for Jade and he and Jo talk about- The NRL and AFL Grandfinals happened- The RBA enters the Michelle Bullock era- You wont guess which way House Prices are going- Jeremy Hirschhorn faces allegations regarding PwC- White Paper targeting skilled migrant workers- Sam Bankman-Fried goes to court in our Naughty Corner- It's Mental Health MonthLinksRBA leaves rates on hold at 4.1%House prices on track to hit new record highMost qualified accounting migrants wind up working elsewherePwC paid for tax officer's Paris tripYouTube documentary "This is Financial Advice" Check out our website: www.accidentalbookkeeper.com.auAlso check our TikTok and YouTube  Until next week,  Jo & Jade - Co-Hosts Joel - Producer    

On September 18, Michelle Bullock succeeded Dr. Phillip Lowe as the RBA Governor. Her term starts amid heightened national attention on the RBA's interest rate decisions. Add to this the fact the federal government is restructuring the RBA, and Bullock herself has noted emerging pressures on the financial system. This episode Sascha welcomes Jennifer Duke, Economics Correspondent at Capital Brief, to discuss the RBA's new direction. Want more Equity Mates? Click here. In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.The Dive is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Mortgage fatigue is preventing Australian borrowers from getting a better deal on their loans – and it's costing them thousands of dollars. Find out more about The Front podcast here and read about this story and more on The Australian's website or search for The Australian in your app store. This episode of The Front is presented and produced by Kristen Amiet, and edited by Tiffany Dimmack. Our regular host is Claire Harvey. The multimedia editor is Lia Tsamoglou, and original music composed by Jasper Leak.See omnystudio.com/listener for privacy information.

This week on the podcast, James and Anthony look at why markets are having nasty GFC flashbacks, ask whether PWC can really fix itself and look ahead to Michelle Bullock's first big test.To ask a question, email chanticleer@afr.comThis podcast is brought to you by PGIM.See omnystudio.com/listener for privacy information.

Treasurer Jim Chalmers unveiled the Working Future white paper yesterday. We unpack what it means for inflation and the underemployed. Find out more about The Front podcast here and read about this story and more on The Australian's website or search for The Australian in your app store. This episode of The Front is presented and produced by Kristen Amiet, and edited by Lia Tsamoglou. Our regular host is Claire Harvey. Original music is composed by Jasper Leak.  See omnystudio.com/listener for privacy information.

- ECB says rate rises are over - Michelle Bullock takes over at the RBA - The magic of money - Staying long term when the market hates youSee omnystudio.com/listener for privacy information.

The market closed down today, with all 11 sectors finishing in the red. Tech faced the biggest losses, following the lead of the U.S. It was Michelle Bullock's first day of her 7-year term as RBA governor and it's going to be a big week ahead with more dividend payments and an interest rate decision out of the U.S.  The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The boys chat about Michelle Bullock's comments on Climate change and how it effects inflation and much more. Our instagram pages: ⁠@fandpsurvivalguide⁠  ⁠@moneysaverhomeloans⁠ The content discussed in this episode is general in nature, and doesn't take into consideration the individual circumstances of the listener. Any listeners should consider their personal situation and seek professional advice and assistance if needed

Morgans Chief Economist Michael Knox thinks the RBA has paused rate hikes to allow time for Michelle Bullock to calmly take up the role of Governor from Philip Lowe. Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morgans.Australia On Twitter: twitter.com/MorgansAU

There were some significant changes regarding the RBA recently. Philip Lowe's term as Reserve Bank governor was not renewed which means he's been effectively sacked as Reserve Bank governor's current Deputy Governor; Michele Bullock will become Governor starting 18 September. Regular listeners would know that I record a weekly video with Dr. Andrew Wilson, and this is the audio of last week's Property Insider video. So, let's hear what Andrew Wilson has to say about the sacking of Dr. Phillip Lowe. Andrew will also be discussing some of his latest data and if you are keen to see the charts, I will leave a link in the show notes so you can see them. Today Dr. Wilson,delves into the intricacies of housing markets, bank policies, and the effects of recent changes at the Reserve Bank. Topics discussed include data on property trends across capital cities, the impact of the Reserve Bank of New Zealand's macro-prudential policies on the housing market, the trend of no interest rate changes despite a weakened economy, and the potential implications of the post-COVID stimulus package on inflation. The episode also evaluates the performance of housing markets in specific regions, discusses current market trends, and provides an outlook on the property market and its likely trajectory. In today's show we discuss… ●       Analysis of Reserve Bank Governor Philip Lowe's mistakes and lessons for Deputy Governor Michelle Bullock o   There was a misplaced obsession with the housing markets o   The RBA supported “experimental” macro prudential policies between 2015 and 2018 which led to the supply side challenges their property markets are currently experiencing as well as skyrocketing rents. o   Interest rates were kept on hold in 2016 - 17 despite a weakening economy when many jobs were being lost as the RBA didn't lower rates as it was still concerned about our housing market. o   However, interest rates will slash in the second half of 2019. o   Under Dr Lowe's watch bank margins rose significantly with some suggesting they were gouging on the changing rates, even though this isn't really under the RBA control. o   Who can forget the post-COVID message “There will be no rate rises until 2024”, which led many homebuyers and investors to take on significant borrowings at artificially low interest rates. o   Dr. Lowe has a poor record of delivering forecasts of house prices, wage growth, and our labor markets. o   There have been a number of recent inconsistent policy determinations. o   Critique of the Reserve Bank's consistent misses on house price forecasts and mysterious policy determinations ●       Dr Wilson gives an overview of the housing markets in the various sub regions of Sydney and Melbourne and Brisbane ●       We get a snapshot of the current winter market trends and auction results around Australia ●       We discuss the property market outlook and why house prices won't fall despite increased stock and slower rent growth Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Dr. Andrew Wilson, Chief Economist My Housing Market Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Some of our favorite quotes from the show: “So under Michelle Bullock's watch, inflation is going to come under control, interest rates are going to come under control and she'll probably be a little bit more popular.” – Michael Yardney “Maybe agents are a little bit lazy in Brisbane because they're not used to the auction culture, and they can sell almost anything they list at the moment anyway.” – Michael Yardney “So for most of us, morning is when your brain is charged and ready to make the tough decisions that require a lot of brain power.” – Michael Yardney PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how

Australia correspondent Karen Middleton joins Kathryn to dissect the death of Victoria's Commonwealth Games dream, after Premier Daniel Andrews decided it was just too expensive for the state to host. Australia is set to have its first female central bank governor, with confirmation Michelle Bullock will take over the job - albeit a tough one with home owners struggling with the effects of 12 straight interest rate increases. A dingo cull could be on the cards after a woman out jogging on K'Gari - formerly Fraser Island - was attacked by a pack of four. And police are guarding a giant piece of what looks like space junk on a West Australia beach.

In this week's Monday Market Highlights, Sustainable Investment Analyst Nick Morgan discusses RBA Governor Phil Lowe's decision to not renew his tenure, with replacement Michelle Bullock starting in September. He also looks into the US June inflation numbers, the University of Michigan preliminary consumer sentiment survey, and the NFIB business optimism index. In equity news, Nicky discusses Viva Energy, Neuren Pharmaceuticals and Megaport.   This podcast is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a reliable indicator of future performance. Milford is an active fund manager with views and portfolio positions subject to change.  

Kia ora,Welcome to Monday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news investors are getting nervous about their exposure to office buildings in the commercial real estate sector.But first, after retreating over the past year, average new home prices in China's 70 major cities were unchanged year-on-year in June. There were rises, including in Beijing, Chongqing, Shanghai, and Tianjin. But there were falls in both Shenzhen and Guangzhou, along with 40 other large cities. Prices for home resales went backwards with only 6 of the 70 recording any gains or standstills. But the official falls are nothing like New Zealand's retreat. The worst Chinese city is only recording a -7.5% year-on-year fall.Later today we will get the PBoC 1yr Medium-term Lending Facility rate announcement and that may give clues of new stimulus for the Chinese economy, one that may be helpful to the property development sector.We should also note that some zombie property developers are now being delisted from local stock exchanges. And things are not getting any easier for commercial landlords there either. In Shanghai, overbuilding means vacancy rates are rising and rents are dropping for this tier-1 city.In the US there has been a surprisingly positive shift in consumer sentiment. The widely-respected University of Michigan survey improved for a second month in July to its highest level since September 2021, and well above the anticipated outcome. Both current economic conditions and consumer expectations improved, largely because of the slowdown in inflation along with stability in their jobs markets. To be fair though the overall level is still low, but it is well off the mat now.Singapore's GDP grew by +0.7% in Q2-2023 from year-ago levels, quite tepid levels again for an 'Asian Tiger' economy but it was stronger than a final +0.4% growth in Q1. This was the 10th consecutive quarter of increase however, but the second smallest. On a quarter-on-quarter seasonally adjusted basis, their GDP grew +0.3%, reversing a -0.4% contraction in the first quarter. So no recession there either.Also in Singapore, their anti-corruption body has moved against a minister and a major property/hotel tycoon. Both have been arrested. It is their most serious graft case to be prosecuted in more than 35 years.In Europe, their heat wave is getting worse and it is deadly serious for the people involved (Athens hit 39oC earlier today for example, Rome might hit 42oC early this week, Madrid too). And about a third of Americans are also facing deadly heat extremes (Dallas is touching 40oC now as well). These follow the heat dome that hurt northern China last week but hasn't really gone away; Beijing is expected to swelter in 37oC+ heat for most of the next week. We would be wise to start preparing for high summer temperatures here.And one consequence may come from the insurance industry. In the US major insurers are pulling back on homeowner policies from California to Florida, in many cases declining to renew existing policies. Climate change consequences are becoming uninsurable. And with reinsurance companies doing the same, agencies like our EQC and other government-supported programs could find their long-term futures threatened. In the US, high premiums aren't enough to entice insurers to offer any coverage in many places.In Australia, one of their largest real estate investment trusts (REIT) has had to limit redemptions in a fund that specialises in office properties. It's a AU$2.5 bln fund and it received redemption requests equal to 15% of its equity, and only paid a quarter of what was requested in February (the latest disclosure). It is unlikely to be the only large commercial real estate fund to run into liquidity trouble. The problem for the industry is that this type of 'temporary difficulty' (when managers won't sell assets to fund redemptions because they believe 'real value' is way above what the market values their asset) is just the type of reaction to spook investors, who then rush to redeem to protect their capital.And staying in Australia, their government named Michele Bullock as governor of the Reserve Bank of Australia, making her the first woman to take the role. Treasurer Jim Chalmers announced that Bullock, currently deputy governor, would head the central bank for a seven-year period starting in mid September, a day after incumbent Philip Lowe's term ends. In the end Lowe was sacrificed in the name of 'change', but Bullock isn't expected to change monetary policy direction. Her initial focus will be on internal reorganisation that has been earlier flagged (and making it a bit more like the RBNZ).The UST 10yr yield will start today at 3.83% and unchanged from Saturday. The price of gold will start today at US$1954/oz and down -US$5 from Saturday.And oil prices are unchanged from Saturder at just over US$75/bbl in the US. The international Brent price is now at just on US$79.50/bbl.The Kiwi dollar starts today little-changed from Saturday at just under 63.7 USc. Against the Aussie we are unchanged at 93.2 AUc. Against the euro we are firmish at 56.8 euro cents. That all means the TWI-5 is now still at 71 but up +70 bps from a week ago.The bitcoin price has risen slightly in its recent yoyo pattern and now is at US$30,399 and up +0.7% from this time Saturday. Volatility over the past 24 hours has been low at just on +/- 0.6%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Michele Bullock will replace Philippe Lowe as Governor of the Reserve Bank of Australia. - H Michele Bullock θα αντικαταστήσει τον Φιλιπ Λόου στην θέση του διοικητή της κεντρικής τράπεζας της Αυστραλίας.

The union for Australian actors and screen crew is standing in solidarity with their counterparts in Hollywood ...  who are taking industrial action. Michelle Bullock has made history, becoming the first woman to lead the reserve bank of Australia. And a secret service investigation into a bag of cocaine discovered in the White House has failed to identify a single suspect.  See omnystudio.com/listener for privacy information.

The union for Australian actors and screen crew is standing in solidarity with their counterparts in Hollywood ...  who are taking industrial action. Michelle Bullock has made history, becoming the first woman to lead the reserve bank of Australia. And a secret service investigation into a bag of cocaine discovered in the White House has failed to identify a single suspect.  See omnystudio.com/listener for privacy information.

The union for Australian actors and screen crew is standing in solidarity with their counterparts in Hollywood ...  who are taking industrial action. Michelle Bullock has made history, becoming the first woman to lead the reserve bank of Australia. And a secret service investigation into a bag of cocaine discovered in the White House has failed to identify a single suspect.  See omnystudio.com/listener for privacy information.

In this episode, we delve into the ongoing fallout from the Robodebt Royal Commission report. Despite waning media interest, the problem persists, and the call for former Prime Minister Scott Morrison's resignation from Parliament grows louder. However, removing Morrison from politics won't solve everything; other ministers involved, such as Stuart Robert, Alan Tudge, and Christian Porter, might face repercussions as well. Moreover, there are concerns about other Coalition Cabinet ministers and certain members of the public service implicated in the scandal.Shifting our focus to international affairs, we discuss Prime Minister Anthony Albanese's attendance at the crucial NATO Summit in Lithuania. Against the backdrop of the war in Ukraine, both Ukraine and Sweden express their desire to join NATO. Although Australia is not a member, there have been talks of potential expansion into Asia – former Prime Minister Paul Keating has criticised this idea, warning against importing European militarism to the region.Turning closer to home, we examine the campaign of misinformation surrounding the federal government's Combating Misinformation and Disinformation Bill. Sky News and News Corporation have launched a campaign against it, employing misinformation to sway public opinion. Unsurprisingly, the Liberal Party aligns with this opposition, as their interests align with spreading falsehoods. The effectiveness of the Bill in combating misinformation through media platforms remains uncertain, but action is necessary.We also touch upon the upcoming byelection in Fadden and the lack of interest surrounding it. Unlike the Aston byelection, which garnered significant media attention, Fadden seems to have a subdued atmosphere. Both sides of politics manage expectations, with Peter Dutton suggesting the Liberal–National Party will lose ground while the Labor Party claims they have no chance of winning. This cautious positioning allows for easier explanations regardless of the outcome.And finally, Philip Lowe will not be reappointed as the Reserve Bank Governor. Michelle Bullock, currently the Deputy Governor of the Reserve Bank and with the Bank since 1984, will take up the position in September, becoming the first woman to hold the job.Join us as we explore these topics, unravel the complexities, and provide insights into the latest developments shaping Australia's political landscape.

I am a survivor of stage 3b colorectal cancer. I was diagnosed in May 2018 after a routine colonoscopy. I have been NED since February of 2019. Trevor Maxwell a stage IV CRC patient who created Manuptocancer.com ask me to help him create The Howling Place Group on Facebook. We have grown to 1100 men strong in 16 months. The goal is to help men not to self isolate themselves during cancer diagnosis and treatment. to also support them during survivorshipStage 3b colorectal cancer survivor Durham, N.C.I was diagnosed in May of 2018 with stage3b Colorectal Cancer after a routine Colonoscopy at age 50. I had symptoms for a few months but had ignored them for several months following the death of both my parents in 2017 within a six-month period. During the Colonoscopy, my GI doctor found two polyps and a 1Ocm tumor in my colon. I had surgery to remove the tumor, reconnect my colon, and had 40 lymph nodes removed. Three of those tested positive for cancer. After surgery i underwent treatment with two forms of chemotherapy, Oxaliplatin infusions and Xeloda pills for 8 cycles or six months. In February 2019 I became known as NED (No Evidence of Disease) or cancer-free.Over the last few months, I have been working on finding my voice in the cancer community. I have begun living by the mantra " Cancer might be done with me but I'm not done with cancer." I have looked to other men in the cancer community who have made strides in this area and followed their examples. The following are my current roles of advocacy in the cancer community.*** January 2020 Lead Administrator for the Men's Cancer Facebook support group 'Man Up To Cancer/ The Howling Place' . It's a part of manuptocancer.com *** February 2020 I became a 'Card Angel' for Chemo Angels***April 2020 I became a contributor to manuptocancer.com as a blogger for ' Joe's Wolfpack Trailblazers' . A blog about the works of service and the daily lives of the men of The Howling Place. ***June 2020 I became an Ambassador for Fight CRC 2021 *** October 2020 I became an Empowered Patient Leader for Colontown.org***December 2020 Created 'Colontown Junior' with the help of Colontown.org to support the families of children diagnosed with pediatric colorectal cancer.I am married to my wife Michelle Bullock for 29 years. We live in Durham, N.C. with our two children._____________________Connect with Joe:_____________________twitter @jbullock114https://www.facebook.com/joe.bullock.7792instagram jbullock114manuptocancer.comwww.facebook.com/groups/manuptocancer/______________________________________________________This episode is sponsored by: That's why the BC Schizophrenia Society has launched a brand new podcast, called Look Again, Mental Illness Re-examined. Host Faydra Aldridge talks to doctors, families, and people with lived experience about how to recognize mental illness, and the specific treatments that can help. Check it out. They'll really challenge you to“look again” at what you think you know about mental illness. Support the show (https://www.patron.com/findyourrare)

In this powerful sermon, The Rev. Michelle Bullock helps us to see worship as an act of revolution. In this 6th sermon in the Way of Love series, we are invited to see worship as a part of our spiritual path. The Way of Love series is created in partnership with the Episcopal Church and the office of the Presiding Bishop Michael Curry.