Podcasts about rba governor

Listener Lisa asks: You mentioned on the podcast that the RBA Governor has committed to keeping cash in the economy, even though fewer people are using it, and it's getting uneconomical to move it around. Why are we so wedded to cash? Who is actually still using it? Why don't we just bite the bullet and go cashless. Surely we'll end up there one day anyway - so why not now?Join Sean Aylmer & Michael Thompson as they answer listener questions.If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!Support the show: http://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Listener Lisa asks: You mentioned on the podcast that the RBA Governor has committed to keeping cash in the economy, even though fewer people are using it, and it's getting uneconomical to move it around. Why are we so wedded to cash? Who is actually still using it? Why don't we just bite the bullet and go cashless. Surely we'll end up there one day anyway - so why not now?Join Sean Aylmer & Michael Thompson as they answer listener questions.If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

In this week's podcast, Senior Economist Stephen Wu and Economist Harry Ottley take a close look at the monthly CPI data from last week, with mostly good news to report. They also talk through the RBA Governor's speech at the CEDA Annual Conference. They then turn to the week ahead and preview the all important Q3 24 National Accounts.   Disclaimer:    Important Information   This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).  Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.   No Reliance  This podcast is not investment research and nor does it purport to make any recommendations. Rather, this podcast is for informational purposes only and is not to be relied upon for any investment purposes.  This podcast does not take into account your objectives, financial situation or needs. It is not to be construed as a solicitation or an offer to buy or sell any securities or other financial products, or as a recommendation, and/or investment advice. You should not act on the information in this podcast.   The Bank believes that the information in this podcast is correct and any opinions, conclusions or recommendations made are reasonably held at the time given, and are based on the information available at the time of its compilation. No representation or warranty, either expressed or implied, is made or provided as to accuracy, reliability or completeness of any statement made.  Liability Disclaimer  The Bank does not accept any liability for any loss or damage arising out of any error or omission in or from the information provided, or arising out of the use of all or part of the podcast.  

In this special episode, Stanford Brown CEO Vincent O'Neill sits down with former Reserve Bank of Australia Governor Ian Macfarlane AC, an important member of the Stanford Brown Investment Committee.  Together, they dive into some of today's most pressing questions: • How will Donald Trump's election impact the global economy? • Can his policy agenda become a reality, or are there potential roadblocks? • What are the long-term consequences for the U.S. budget and economy? • And importantly, how will these changes impact Australia's economic landscape and our interest rate outlook? Join us for a compelling discussion packed with insights into how international shifts could shape our financial future. Music provided by: Autumn Trumpet Background Corporate by LesFM | https://lesfm.net/ Music promoted by https://www.chosic.com/free-music/all/ Creative Commons CC BY 3.0 https://creativecommons.org/licenses/by/3.0/

Interest rates on hold but the RBA Governor says that won't rule out a future rise. Plus, Democrat voters backflip when asked to bear the burden of their own bad policies, and Australian mining companies invited to dig up in New Zealand.See omnystudio.com/listener for privacy information.

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.

Listen to the top News from Australia and India in Hindi.

Zac De Silva 2GB Federal Politics Reporter joined 2GB Drive.  See omnystudio.com/listener for privacy information.

Money Man Scott Phillips talks the health of our economy with GDP numbers being released, the RBA Governor poured cold water over the chances of a rate cut and a well-known brand, King Island Dairy, is set to close.   https://play.listnr.com/podcast/the-good-oil-with-scott-phillips See omnystudio.com/listener for privacy information.

Markets were mixed ahead of key US jobs figures tonight; The RBA Governor talks tough in the fight against inflation; Malaysia keeps rates on hold, with lower inflation forecast, while Thailand's annual CPI falls to just 0.35%. In our bonus deep dive interview, ANZ Economist Henry Russell reviews how New Zealand's housing headwinds might keep the market from previous form as interest rates fall. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

The bank has decided to leave the official cash rate on hold at 4.35 per cent, as predicted by many economists, as inflation remains above the desired rate. Listen to SBS Sinhala podcast for more information. - ඔස්ට්‍රේලියාව තුල වර්තමානයේ පවතින පොලී අනුපාත එම මට්ටමේම තබා ගැනීමට ඕස්ට්‍රේලියානු මහා බැංකුව තීරණය කර තිබේ. පසුගිය කාර්තුවේ යම් පමණකින් උද්දමනය ඉහල යාම මෙම තීරණයට හේතුවී ඇත.

In this episode, Stanford Brown CEO Vincent O'Neill speaks with Stanford Brown Investment Committee member and former RBA Governor Ian Macfarlane AC. We discuss: The current inflation picture for Australia and the United States. How best to assess underlying inflation? Are the recent higher inflation prints reflective of a new upward trend? Implications for interest rates short term and medium term. What impact will recent budget announcements have on monetary policy settings?   Music provided by: Autumn Trumpet Background Corporate by LesFM | https://lesfm.net/ Music promoted by https://www.chosic.com/free-music/all/ Creative Commons CC BY 3.0 https://creativecommons.org/licenses/by/3.0/

Last week Michele Bullock the RBA Governor was asked a good question about how high migration might impact inflation. But her answer was well, weird, as she tried to trade off pressure on the housing market from higher demand driven rent rises against supplying more workers to meet business demand (and implicitly increasing economic activity). … Continue reading "The Migration Question Amplified; But Not Tackled… By Anyone!"

US futures are pointing to a slightly lower open. European equity markets have opened mixed, following mostly lower levels in Asian markets. ECB's pushback against rate cut bets unabated. BoE speakers also pushing back against rate cut bets. Nothing new from PBOC Q4 monetary policy report. BOJ Governor said financial conditions in Japan will remain easy. RBA Governor repeated further rate hikes can't be ruled out. Companies Mentioned: Disney, Grab, GoTo, Children's Place

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!"

Hundreds of students skip school to rally in support of Palestine, RBA Governor warns of more rate hikes. Plus, Hamas to begin hostage release on Friday. See omnystudio.com/listener for privacy information.

Wall Street falls on disappointing retail updates ahead of NVIDIA results. Ryan and Tom preview the RBA Governor's speech tonight. They look at Webjet earnings due out today. Plus this mornings AUD. 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.

In this episode, Stanford Brown CEO Vincent O'Neill is again speaking with Stanford Brown Investment Committee member and former RBA Governor Ian Macfarlane AC. We discuss: A resilient economy and elevated inflation No rate cuts until late 2025 The implications for asset prices The transition in RBA Governor to Michele Bullock The far-reaching implications of the RBA Review   Music provided by: Autumn Trumpet Background Corporate by LesFM | https://lesfm.net/ Music promoted by https://www.chosic.com/free-music/all/ Creative Commons CC BY 3.0 https://creativecommons.org/licenses/by/3.0/

New RBA Governor Michele Bullock has held official interest rates at 4.1% at her first meeting, but has warned rates may still rise. Rhayna Bosch speaks with Westpac Senior Economist Matthew Hassan to find out more, plus SBS Finance Editor Ricardo Gonçalves discusses the market implications with George Boubouras from K2 Asset Management Ltd.

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.

As spring paints the town with color, it's time for our September Economic and RBA commentary update - where the economic scene keeps on shifting. This month, we're getting into the nitty-gritty of a few key topics. Hang out with Ben as he unpacks the RBA's latest moves. In today's RBA update, here are the main things we're diving into:Checking out how China's economic slowdown might mess with Aussie interest rates.Giving a shout-out to our outgoing RBA Governor, with a little tribute.Taking a deep dive into property updates, focusing on Supply Absorption.And don't blink, because we've got some jaw-dropping data that might raise an eyebrow or two. Stay tuned to keep your finger on the pulse of the latest market buzz and snag some priceless insights for smarter financial moves during this lively season.And here are all the time stamps! 00:00 – Today's summary on RBA September 2023 Cash Rate!World Economic Update Segment:0:56 - United States Update1:08 - United States: Annual Inflation Data 3:35 - United States: Interest Rates 5:04 - United States: Labour Market Data Story 7:55 - United States: Business Data 9:15 - United States: Overall Economic Summary 10:57 - China: Overall Economic Summary 11:31 - China: Inflation 15:39 - China: Business Data 17:17 – China – Australia Economic Relationship 20:30 - Europe: Inflation Data 22:30 - Europe: Employment Story 23:06 - Europe: Consumer Confidence 24:25 - Europe: Business Confidence Australian Economy Segment26:14 - The Cash Rate Announcement!28:40 – Special tribute to the outgoing RBA Governor, Dr Phillip Lowe 33:04 - Inflation Story 38:30 - Labor Force Data 40:17 - Consumer Sentiment 41:32 – Australian Retail/Consumer Spending 43:29 – Business Confidence Data  Property Market Update47:07 - The Australian Property Story & Housing Finance 49:12 - Property Price Movements 53:35 - Ben's Warning to All Investors – Location Selection55:30 – The troubling data!LISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP:

Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXMCate enjoys playing host again, this time as the trio unpack the API survey, (Australian Property Investor magazine). They reminisce about the good old days, when the mag used to hit the shelves each month and they'd earmark articles, celebrate their own appearances in the magazine, and collect the publications, filled with post-it notes.The gap in performance between houses and units has closed a little recently and Dave notes that the data doesn't really capture this in the survey. "In fact, houses are the preferred intended purchase over the next 12 months among 37 per cent of respondents, a seismic shift from the mere 21 per cent with that intention just three months ago." From land to asset ratio to cultural housing preferences, there are a few reasons why houses are still preferred dwellings.Mike addresses the issue that developers are currently facing as they are deterred by building sector cost woes. Numbers have declined from 16.5 per cent to just 9 per cent of those planning to procure a property. Mike shares how he expects this indicator to play out in the market now that new dwellings have become a headline topic for every second political story. Another interesting question that the survey polled related to the transacting activity in the last year. The proportion of people saying they'd made no property moves in the past year soared from 13 per cent to a remarkable 30 per cent in just three months.... not surprising given the interest rate moves, but Dave tackles this question and talks about some of the challenges buyers face beyond funding costs. The survey also found that of the 70 per cent of respondents who transacted on property in the past 12 months, 63 per cent of those did so on more than one property. Mike discusses the obvious opportunity that many investors took advantage of during this time. Interest rates remain, together with the associated difficulties caused by a lack of finance availability, the biggest concerns confronting survey respondents.Dave addresses this issue head on and he and Cate discuss how they have seen purchasing decisions, buyer motivation (and timing) impacted by RBA rate decisions. Their insights may surprise our listeners... Cate shares the survey findings around decisions to buy and decisions to sell. Surprisingly, it's the buyer camp who are most impacted by rate increases. This is despite record low listing activity during this period. Mike considers the RBA and the respondents' feelings about the performance of our Reserve bank. A troubling 47 per cent of respondents gave the RBA a fail mark for having performed to a poor or very poor level. The amount that gave the RBA a mark of average or above was 54 per cent, well down from the 61 per cent of last quarter. Tellingly, the big shift was in the proportion that rated the RBA's efforts as very poor, which took off from 15 to 25 per cent in the past three months. The trio pick apart some of the key mistakes that our former RBA Governor made.Rents continue to be a heady topic. Cate and Dave break down some of the findings and they ponder the negative views of investors within the community, and how investor disincentives are playing out now. The Trio often talk about the Westpac consumer sentiment figures on property recently, but this survey highlights some different views; Respondents believed that there is plenty more upside in the property market, with 72 per cent expecting property prices to increase nationally, while 55 per cent believe regional property prices will increase. Time will tell!From investor concerns, dwelling types that investors wish to invest in, states they'd like to invest in, and investor intentions over the following year, the survey findings show some intriguing predictions.We hope you have enjoyed this episode... and especially with some of Mike's 'easter eggs'. And our gold nuggets…… Dave Johnston's gold nugget: If we look at the things that are putting people off buying, it's the external factors. "The most important economy is your own economy."Mike Mortlock's gold nugget: Mike talks about the disparity out there right now in relation to buyer sentiment. "If you're in a position to purchase a property, now is the time to do it." Shownotes: https://www.propertytrio.com.au/2023/09/04/analysing-market-mindset-the-api-survey/

This is a bonus episode with leading economist Stephen Koukoulas and Mark Bouris.  It's that time again when leading economist Stephen Koukoulas bring you a bonus episode in the lead-up to the September 2023 RBA announcement.  Visit https://yhomeloans.com.au/property-insights/ to learn more. Join the Facebook Group. Follow Mark Bouris on Instagram, LinkedIn & YouTube. See omnystudio.com/listener for privacy information.

Host Gene Tunny and Simon Cowan from the Centre for Independent Studies discuss housing affordability and greedflation in the CIS's Sydney HQ. They delve into recent articles written by Simon on these topics and explore the factors contributing to unaffordable housing (e.g. zoning and other supply restrictions) and why the greedflation thesis is wrong. Please get in touch with any questions, comments and suggestions by emailing us at contact@economicsexplored.com or sending a voice message via https://www.speakpipe.com/economicsexplored. About this episode's guest: Simon CowanSimon Cowan is Research Director at the CIS. He is a leading commentator on policy and politics, with a regular column in the Canberra Times newspaper, frequent interviews on Sky and the ABC, and multiple appearances before parliamentary committees discussing the budget, citizenship, taxation and health policy. He has written extensively on government spending and fiscal policy, with a specific focus on welfare and superannuation policy. He earlier work focused on government industry policy, defence and regulation.His latest work includes Attitudes to a post-Covid Australia and Millennials and Super: the case for voluntary superannuation. Some of his other works include a co-authored report on pensions, a deep dive into the Universal Basic Income, and a 2012 piece arguing that Australia should acquire nuclear submarines from the Americans.What's covered in EP203The problem with housing affordability. (4:56)High property prices and housing affordability. (10:02)Should we cap migration to improve housing affordability? (14:24)The role of public/social housing. (19:12)Shared equity schemes. (24:15)Home ownership as a key milestone on the way to retirement. (29:09)Local government regulations and housing affordability. (35:06)The Greedflation hypothesis and why it's wrong. (39:04)Links relevant to the conversationSimon's Canberra Times articles on housing affordability and greedflation:The Coalition can create generational voting change by tackling housing affordability - The Centre for Independent Studies'Greedflation' myth hides real causes of inflation - The Centre for Independent StudiesImages from the Bill Leak room including a poem from Sir Les Patterson (i.e. Barry Humphries):Sir Les with Bill Leak.jpgSir Les's poem about Bill Leak part 1.jpgSir Les's poem about Bill Leak part 2.jpgPast Economics Explored episode discussing wage-price spiral mentioned by Gene:https://economicsexplored.com/2022/06/14/stagflation-be-alert-not-alarmed-ep143-transcript/Transcript of Q&A session following Phil Lowe's speech in Brisbane in July 2023 during which Gene asked the RBA Governor about Greedflation:https://www.rba.gov.au/speeches/2023/sp-gov-2023-07-12-q-and-a-transcript.htmlFull transcripts are available a few days after the episode is first published at www.economicsexplored.com. Economics Explored is available via Apple Podcasts, Google Podcast, and other podcasting platforms.

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

The cost of living crisis has been crushing countless Australians, emotionally and financially, for more than a year now.  Nearly every day, we read stories about the social avalanche that's been set off by this crisis. About how the staggeringly high cost of petrol, groceries and rent is leading many young Australians to take insecure employment, instead of further study, in order to support their families. About those now putting off having children or becoming homeless, thanks, in part, to a dozen interest rate rises over the last 14 months. But now, we've got a new incoming governor of the Reserve Bank of Australia. And many are pinning their hopes that these stresses might soon ease once Michele Bullock leads our economy. Today, senior economics correspondent Shane Wright on what a new governor might mean for our stress levels, and our ability to put food on our tables.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

The cost of living crisis has been crushing countless Australians, emotionally and financially, for more than a year now.  Nearly every day, we read stories about the social avalanche that's been set off by this crisis. About how the staggeringly high cost of petrol, groceries and rent is leading many young Australians to take insecure employment, instead of further study, in order to support their families. About those now putting off having children or becoming homeless, thanks, in part, to a dozen interest rate rises over the last 14 months. But now, we've got a new incoming governor of the Reserve Bank of Australia. And many are pinning their hopes that these stresses might soon ease once Michele Bullock leads our economy. Today, senior economics correspondent Shane Wright on what a new governor might mean for our stress levels, and our ability to put food on our tables.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXMMike kicks off our episode with the fresh announcement of our new RBA Governor. The trio wish Michelle the very best in her new role, and they also chat about the departure of Philip Lowe and the key mistake that likely drove the change in Governor.Mike points out that the overall national increase of 1.1% is not really a national story and Cate reinforces that the strength of the Sydney market is driving much of this positive growth data. Dave also draws regional performance to our listeners' attention. The capital cities are outperforming the regions; a twist that we have been anticipating but haven't seen for quite some time. The pace of growth across the board has slowed down, however, and this could be apportioned to the continued rate rises through June.Internal migration patterns have normalised; our rate of moving to the regions has certainly calmed down since COVID lockdowns. In some cities (such as Melbourne) we are seeing some elasticity and people are returning to the city. Cate shares an interesting observation from her coalface. She is taking enquiry from quite a few Sydneysiders who are either investing in Melbourne, or moving to Melbourne. The disparity between the two biggest cities is greater how than historical ratios, and Sydneysiders are obviously seeing value in the Melbourne market now that the differential is higher.Cate also mentions that established, boutique units in the Melbourne market seem to be demonstrating capital growth too, and this is something that Melbourne hasn't experienced for over a decade. Mike has been chatting to many business owners and property managers about the proportion of sales that are investor-owned properties. Rent rolls are eroding as many investors opt out of property, and anecdotally this is obvious across the board in many cities, but particularly in Victoria. "The sales department are basically setting fire to their rent rolls...maintaining rent rolls as a steady source of listings," says Mike. The Trio look at the 'days on market' data but Cate uncovers a key reason why this data isn't neccessariliy a perfect reflection of buyer/seller demand. In auction-centric markets, agents have strong control over the type of campaign that a property can be sold by. Auction campaigns have a usual four week lead time until the sale date, and surely this data skews the data."It's not an organic reflection; it's deliberately controlled by agents."Mike prompts the underquoting debate also... perhaps this is a good topic for another episode! Stay tuned.Hobart and Canberra are the two capital cities that have bucked the trend and had strong listing activity. This supply and demand imbalance is reflected in the growth data, unsurprisingly.Mike asks Cate and Dave about distressed listings, and despite the media suggestions that the fixed rate cliff and the increased interest rates could give rise to distressed listings, Cate points out that this is not occurring, and the data supports this.And the CoreLogic findings for new listings vs total listings is telling. New listings are still well below the historical five year average, however the total listing figures have nose-dived. This illustrates an increased buyer appetite for old listings, (those with greater days on market than 180 days), a sure sign that buyers are outstripping sellers. Mike asks Cate to comment on the vacancy rate data. A slight amount of easing is evident in some markets, but as Cate points out, "there are markets within markets" so the data is not entirely reliable. Melbourne is still surging with house rents, and units remain tough propositions for renters. Dave suggests that migration (both internal and overseas) are still contributing to the rental issue.Mike does challenge the relationship between new arrivals and unit rents; it's an interesting conundrum.The Westpac Consumer Sentiment data is out, and it's somewhat puzzling for the Trio.Cate's 'toys' index is a concerning figure. We are still spending, and the increasing interest rates haven't curtailed our attitudes towards spending like our RBA wish they would.As Mike says, "It's the buying-stuff activity that is keeping our inflation high."Lastly, Dave shares some clever data about purchase activity. It might surprise our listeners! Tune in to hear more.And... time for our recaps this time, (because Mike forgot about gold nuggets)..Dave Johnston's gold nugget: Dave summarises the market by saying price growth is slowing down, but it's still positive. He also touches on investor-led sales and he hints at supply of new listings increasing... happy news for the buyers out there. However, upgrading remains a challenge for a large cohort of buyers. Cate Bakos's gold nugget: We have a segmented market and the renovation projects remain a significant challenge while builders and trade materials are in limited supply. Mike Mortlock's gold nugget: it's an uptick in sentiment, and an uptick in investors getting out of the market. Show notes: https://www.propertytrio.com.au/2023/07/17/ep-214-june-market-update-what-is-driving-interstate-interest-to-melbourne/

Charles and Dom help you get to know the new RBA Governor, and celebrate the start of a new world of continuity with change. Meanwhile Dom has some news about a relatable situation Alan Joyce has found himself in. Plus Charles has 'actually good news about the climate this time, I swear I'm not lying for real."For the graph Charles refers to click here! You can lose the ads and get more content! Become a Chaser Report VIP member at http://apple.co/thechaser OR https://plus.acast.com/s/the-chaser-report. Hosted on Acast. See acast.com/privacy for more information.

Current Deputy Reserve Bank Governor, Michele Bullock has been appointed new RBA Governor, replacing Philip Lowe from September. SBS Finance Editor Ricardo Gonçalves speaks with ANZ Chief Economist Richard Yetsenga for his thoughts and to find out why he now thinks interest rates in Australia are likely to be on an extended pause. Plus, Nick Schoenmaker CFA, FRM from Drummond Capital Partners takes a look at the reaction on the markets and explains whether investors are too optimistic following this week's better than expected US inflation report.

For the first time in its 63 year history the Reserve Bank is to have a female Governor with the Treasurer Jim Chalmers announcing today the deputy governor Michele Bullock will succeed Philip Lowe

For the first time in its 63 year history the Reserve Bank is to have a female Governor with the Treasurer Jim Chalmers announcing today the deputy governor Michele Bullock will succeed Philip Lowe

Michele Bullock has been appointed as the next Governor of the Reserve Bank, replacing Philip Lowe and becoming the first woman to lead the central bank at a time of high inflation;

The market saw another day of gains on Friday with 9 of the 11 sectors lifting. This lead to the best week for the market since November last year. Michele Bullock has been named the next RBA Governor, replacing Philip Lowe in September. Mining and energy stocks were standouts today insurance companies were down. Stay tuned for a big week ahead next week  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.

Tom Elliott has given a key observation on new Reserve Bank Governor Michele Bullock, who is set to take over from Philip Lowe on September 18.  See omnystudio.com/listener for privacy information.

In this latest Hindi Newsflash: Federal opposition has demanded that a public servant should not be appointed as the next RBA governor; In India, River Yamuna reaches a record high level in the nation's capital; In cricket, Indian cricket team faces the West Indies at the start of World Test Championship and more.

U.S stocks have lifted yet again off the back of better than expected inflation figures. Meanwhile Aussie shares have lifted as well in response. Ryan looks into Swatch shares which rallied overnight driven by a rebound in China. And the team look at some breaking news regarding RBA Governor Philip Lowe. Plus this mornings commodities and the AUD. 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 informati4n before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Will Phillip Lowe maintain his position, or will he be succeeded by a new challenger? Our bet is on Kochie. You can lose the ads and get more content! Become a Chaser Report VIP member at http://apple.co/thechaser OR https://plus.acast.com/s/the-chaser-report. Hosted on Acast. See acast.com/privacy for more information.

A decision on who will be the next RBA Governor is expected mid-July. So will Philip Lowe remain in the job? Who are the candidates? Will it change how the RBA operates, or are we just looking for a scapegoat following the huge number of cash rate rises. Jonathan Kearns, former RBA department head joins Tom Tilley to explain.     Headlines: Pressure mounts on Scott Morrison to resign BetStop: we can soon opt out of online gambling $1B defence deal signed with Germany Controversy over US sending cluster bombs to Ukraine England wins third Ashes test   Follow The Briefing:Instagram: @thebriefingpodcast Facebook: TheBriefingNewsAUTwitter: @TheBriefingAU  See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Australia falling behind in dealing with scams Daryl Maguire breaks his silence Should the RBA Governor be shown the door? See omnystudio.com/listener for privacy information.

Australia falling behind in dealing with scams Daryl Maguire breaks his silence Should the RBA Governor be shown the door? See omnystudio.com/listener for privacy information.

After the “surprise” rate hike on Tuesday, the RBA Governor spoke in Perth about the prospect ahead. Reading between the lines it does seem there remains a tightening bias at the RBA, and in line with our expectations, higher rates may still be on the cards, together with a rise in unemployment. http://www.martinnorth.com/ Go to … Continue reading "The RBA Will Tighten More… [Podcast]"

Homeowners have been offered some semblance of a reprieve in the Reserve Bank's decision to pause interest rates. But the RBA Governor has signalled that he is open to another rise in an effort to tame inflation. Philip Lowe says it is being driven in part by higher rental prices.

Ben Fordham has torn into the RBA Governor, calling him "out of touch".See omnystudio.com/listener for privacy information.

Phillip Lowe has defended interest rate hikes before parliament. The federal government is in a deadlock with the Greens and its push for the end of coal. And Australia is set to build a national security centre for Vanuatu.

Ben Fordham believes the Reserve Bank of Australia's Governor Phillip Lowe's "days are numbered".See omnystudio.com/listener for privacy information.

-- Rates in focus with inflation on the up -- Property slump slows... for good? -- The RBA Governor wants us to take a pay cut? -- Tech layoffs continue -- Retail sales continue to rise... for now...See omnystudio.com/listener for privacy information.