Podcasts about reserve bank

Laurence Bristow is a former staffer at the Reserve Bank of Australia and currently is a Vice President and Research Associate at the Bank Policy Institute. In Laurence's first appearance on the show, he discusses the differences between the Reserve Bank of Australia and the Fed, The RBA's change in operating systems, what a demand driven system actually looks like, the motivation for the RBA to make this change, calls for changes to the operating system within the Fed, and much more. Check out the transcript for this week's episode, now with links. Recorded on November 20th, 2025 Subscribe to David's Substack: Macroeconomic Policy Nexus Follow David Beckworth on X: @DavidBeckworth Follow the show on X: @Macro_Musings Check out our Macro Musings merch! Subscribe to David's new BTS YouTube Channel  Timestamps 00:00:00 - Intro 00:01:22 - Laurie's Career 00:05:15 - Reserve Bank of Australia 00:11:33 - RBA's New Monetary Policy Implementation System 00:17:28 - What Is a Demand-Driven System? 00:26:02 - Interbank Market 00:31:33 - Motivations for a Demand-Driven System 00:40:10 - Bank Policy Institute Money Market Symposium 00:52:36 - Outro

The Australian share market has closed higher ahead of tomorrow's key GDP data, where a strong economic growth figure could further complicate the Reserve Bank's interest rate decision next week. Plus, silver's rally continues with the precious metal breaking above US$58 an ounce overnight. For more, Stephanie Youssef spoke with MPC Markets CEO Mark Gardner.

The mail I'm getting got a bit more official yesterday with Fitch suggesting they think the Reserve Bank isn't done. A lot of people thought the Reserve Bank was done cutting because fill-in Governor Christian Hawkesby basically said as much last week. On the inference that it was over, swap rates on the wholesale market started going up. Why should you care? Because if you owe money to a bank a lot of their income to lend comes from the wholesale markets. If it goes up so does your interest rate, which is what has been happening since last Thursday. Now this is where we get into subtlety and nuance. Technically Hawkesby said the bank remains open to further action, so if you lined Hawkesby up in court he could defend himself. But as always in these matters it is the between the lines stuff, the nod and the wink stuff, that markets read. And they are reading an end and, as a result, the numbers are rising. Tied in, if another cut is coming as Fitch suggests, things are further complicated with our dollar, given places like Australia are doing the opposite. Their Reserve Bank is closer to hiking than cutting. That affects how the world sees our economy and our currency, at 87cents to the Australian dollar and at 43cents to the pound, looks anaemic. For good measure, Fitch seems downbeat about our recovery. They are calling 2% next year by way of GDP. They were saying 2.7%. This then brings in the Government. The Government, in election year, would like 2.7% over 2%. 2% they'd be able to milk but 2.7% is home court advantage. If you want one more thing that kind of backs up the Fitch funk, Black Friday didn't work. Spending was down on last year. Personally, I think that's about it being a crock of you-know-what and it's more clickbait than it is bargains and people are over being ripped off. But that's just me. So anyway, Hawkesby leaves with a trail of questions left behind as he heads to the beach. If you are one of the so-often quoted ones who are rolling out of one mortgage into another, these are still tricky times to try and get right and you want to hope Fitch has misread it. See omnystudio.com/listener for privacy information.

US stocks rise, but wariness remains around tech valuations. ANZ Research updates its RBA call, with rates are expected to stay at 3.6%, and Australian Q3 GDP out today is set to be buoyed by public sector demand. In our Deep-Dive interview, ANZ Head of Australian Economics Adam Boyton explains why the Reserve Bank of Australia (RBA) is at the end of its rate cut cycle, and what's needed before the next move. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

The Australian share market has closed higher ahead of tomorrow's key GDP data, where a strong economic growth figure could further complicate the Reserve Bank's interest rate decision next week. Plus, silver's rally continues with the precious metal breaking above US$58 an ounce overnight. For more, Stephanie Youssef spoke with MPC Markets CEO Mark Gardner.

Welcome to the fight Comrade Wayne Brown over the cuts and populist legislation that this government is participating in. This time it's over the maximum increase to rates of 2%-4% leaving Auckland not able to fund it's needs. It also means that cities will become more user pays and the Councils will look to make up the losses in other areasUnder Labour the National Party and Christopher Luxon made it incredibly clear that Labour was responsible for the increase in ram raids. We continue to find out that meth us has exploded in NZ "like no where else in the world" so whom shall we hold responsible for that?NZ's new Reserve Bank Governor was in the Finances Expenditure Committee today and had a warm welcome, the same cannot be said for Nicola Willis who played Queen Karen when challenged by several members including Chloe SwarbrickWe have a big update for you as well on Te Rārangi Rangatira with a very influential school just having signed up=================================Come support the work we're doing by becoming a Patron of ⁠⁠#BHN⁠⁠ www.patreon.com/BigHairyNews⁠=================================Merch available at www.BHNShop.nz Like us on Facebookwww.facebook.com/BigHairyNews Follow us on Twitter.@patbrittenden @Chewie_NZFollow us on BlueskyPat @patbrittenden.bsky.socialChewie @chewienz.bsky.socialEmily @iamprettyawesome.bsky.socialMagenta @xkaosmagex.bsky.social

It probably came out on the wrong day to get the coverage it deserved, but one of the last pieces in the economic turnaround told us we are basically there. Consumer confidence is back, up six points to 98. It needs to be 100 or more for expansion, but it's the highest figure since June and backs the business confidence, which last week was up a lot. Business comes first because they see the turnaround on sales. The spending numbers back that up because they are pretty real time and then you get confidence as a follow up, given although we are spending, some may not want to admit it may still feel like they are in a bit of a funk. But add it all together and the conclusion is inescapable. You can also add the ASB housing numbers if you want. Confidence in the housing market is at a 15-year high. Why? Because it's almost perfect – good supply, cheap money, but most importantly we seemed to have crossed the psychological barrier and given ourselves permission to start to feel good again. The irony is the growth that drives all this might just have been there all along. We get the Q3 GDP number later this month with Infometrics suggesting it is 0.9%. Add that to the rest of the year and we are well above the growth line. Not that a lot of the commentary has backed that up. Which is not to say some still do it tough. It's not to say it's the boom times. It's just to say there comes a point where the facts, figures and evidence can no longer be denied. Here is my next prediction: as a result of all this, 2026 might well be a very good year indeed. That's based on the idea that economies are about psychologies. Yes, they are about fundamentals but if the fundamentals are in place, then the next thing you look for is mood. And given the mood has been so repressed, when we decide to take the handbrake off there might just be no stopping us. As I said last week don't underestimate the Reserve Bank and the finality of their cut. They said this was it, they they've done their job, we are free to go and enjoy our lives. For those waiting and dilly-dallying, that was what they were waiting for. The next confidence survey will be over 100 and that will be the start of a trend for the year ahead. Remember where you heard it first. See omnystudio.com/listener for privacy information.

Last weeks OCR cut brought hope of lower interest rates but the wholesale market seems to have been spooked by the Reserve Bank ruling out further cuts. The term wholesale interest rates have jumped in response. ASB Chief Economist told Heather du Plessis-Allan, "we certainly put the the cost of wholesale borrowing up a bit higher as a result of this." LISTEN ABOVESee omnystudio.com/listener for privacy information.

As expected, the Reserve Bank cut the OCR to 2.25% last week - but an unexpected side effect has been a lack of effect. The Reserve Bank announced that this would be the end of cuts, sending the wholesale market into a panic and, therefore, seeing no change in interest rates. Finance Minister Nicola Willis told Heather du Plessis-Allan, "my message to the banks is always the same, which is pass on as much as you possibly can because it's good for the economy." LISTEN ABOVE See omnystudio.com/listener for privacy information.

It probably came out on the wrong day to get the coverage it deserved, but one of the last pieces in the economic turnaround told us we are basically there. Consumer confidence is back, up six points to 98. It needs to be 100 or more for expansion, but it's the highest figure since June and backs the business confidence, which last week was up a lot. Business comes first because they see the turnaround on sales. The spending numbers back that up because they are pretty real time and then you get confidence as a follow up, given although we are spending, some may not want to admit it may still feel like they are in a bit of a funk. But add it all together and the conclusion is inescapable. You can also add the ASB housing numbers if you want. Confidence in the housing market is at a 15-year high. Why? Because it's almost perfect – good supply, cheap money, but most importantly we seemed to have crossed the psychological barrier and given ourselves permission to start to feel good again. The irony is the growth that drives all this might just have been there all along. We get the Q3 GDP number later this month with Infometrics suggesting it is 0.9%. Add that to the rest of the year and we are well above the growth line. Not that a lot of the commentary has backed that up. Which is not to say some still do it tough. It's not to say it's the boom times. It's just to say there comes a point where the facts, figures and evidence can no longer be denied. Here is my next prediction: as a result of all this, 2026 might well be a very good year indeed. That's based on the idea that economies are about psychologies. Yes, they are about fundamentals but if the fundamentals are in place, then the next thing you look for is mood. And given the mood has been so repressed, when we decide to take the handbrake off there might just be no stopping us. As I said last week don't underestimate the Reserve Bank and the finality of their cut. They said this was it, they they've done their job, we are free to go and enjoy our lives. For those waiting and dilly-dallying, that was what they were waiting for. The next confidence survey will be over 100 and that will be the start of a trend for the year ahead. Remember where you heard it first. See omnystudio.com/listener for privacy information.

Chris Luxon says banks need to be passing on their OCR cuts to customers - and customers should be switching banks if they don't. Mortgage rates have been falling significantly, following recent OCR cuts. But the Reserve Bank says the banks still have room to move, to be cutting the rates further. The Prime Minister says [told Mike Hosking] banks should be competing for customers, and customers should be trying to get the best deal they can. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureTrump is bringing the country out of the Biden/Obama recession. The [CB] is trapped because they never expected Trump’s parallel economic system to be building at lightning speed. Trump is putting everything into place to transition the people from the [CB] which means we will not need the income tax. [DS] has now used one of it’s soldiers to begin the color revolution. The [DS] wants a civil war in the end and they are pushing it. Trump knows the playbook and this is why he took the path of waking the people up and building the counterinsurgency. The people must see who the true enemy is, only when the people see the enemy can we fight the enemy. Trump put all this into place for this moment. Economy https://twitter.com/KobeissiLetter/status/1994238315730473327?s=20   Challenger Gray spiked +99,010, to 153,074, the highest since March. This also marks the highest monthly number for any October in 22 years. All while employees notified of mass layoffs via WARN notices tracked by Revelio rose +11,912 last month to 43,626, the 2nd-highest in at least 2 years. US layoffs are accelerating. https://twitter.com/KobeissiLetter/status/1994222461252980749?s=20  percentage has persisted above 90% for 12 months. Such an elevated reading has been seen only a few times over the last 35 years. Over the last 2 years, global central banks have cuts rates 316 times, the highest reading in at least 25 years. To put this into perspective, there were 313 cumulative cuts in 2008-2010 in response to the financial crisis. Global monetary policy is easing. Amazing How Central Bank Money-Printing Reversed around the World after the Inflation Shock  Balance sheets of the Fed, ECB, BOJ, BOE, and central banks of China, Canada, Australia, Switzerland, and India as % of GDP.  The major central banks around the world have been unwinding their balance sheets for the past few years, even the Bank of Japan, which got a late start in 2024. Their balance sheets had swollen to grotesque proportions during the global QE frenzy that started in 2008, and QE-mania during and after the pandemic. But that has been getting unwound. The Bank for International Settlements (BIS), an umbrella organization owned by its member central banks, released its latest quarterly data on central bank balance sheets today. We'll look at the decline of the balance sheets of nine major central banks: Federal Reserve, European Central Bank, Bank of Japan, People's Bank of China, Bank of England, Central Bank of India, Bank of Canada, Reserve Bank of Australia, and the Swiss National Bank. In normal times, central-bank balance sheets, including the Fed's balance sheet, grew with the economy, as measured by GDP; and the ratio of total assets as a percentage of GDP back then was low and roughly stable over the years. Years of QE then caused the ratios to explode. And years of QT have now caused the ratios to shrink dramatically.   They're all seeing the same thing: A continued threat of inflation and massive distortions and risks in asset prices, including dangerous housing bubbles that are now deflating in some markets. So they've been removing some of the fuel, to walk back from those risks. Source: wolfstreet.com (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/WatcherGuru/status/1994194115467071830?s=20 Yes, President Trump did make that statement in a recent address (likely his Thanksgiving message to U.S. troops on November 27, 2025). Based on the video clip in the X post you linked, here’s the relevant excerpt from his remarks:“The next couple of years, I think we’ll substantially be cutting and maybe cutting out completely, but we’ll be cutting income tax—could be almost completely cutting it—because the money we’re taking in is going to be so large.”This aligns closely with the claim in the WatcherGuru post. Multiple news outlets have reported on the comments, confirming they are authentic and recent. For context, Trump has floated similar ideas about offsetting or replacing income taxes with tariff revenue multiple times during his campaign and presidency, though experts have questioned the feasibility due to the massive revenue gap (tariffs currently generate far less than income taxes). DOGE Geopolitical Globalist Germany's Firewall Against the AfD Collapses as Half the Country Now Open to Voting for Them For the first time since the party entered parliament about nine years ago, the anti-democratic cordon sanitaire around the right-wing, anti-globalist Alternative für Deutschland appears to have cracked wide open. According to the latest INSA/Bild poll, fewer than half of all German voters (just 49%) now say they would “never” vote AfD—down from a staggering 75% only a few years ago, This is nothing short of a historic breakthrough. Despite years of state-funded smear campaigns, constant domestic intelligence surveillance (Verfassungsschutz), court cases, job dismissals, bank account closures, repeated violence against party members by left-globalist extremists, and even serious discussions about banning the party outright, ordinary Germans are finally seeing through the propaganda and recognizing the AfD as the only serious opposition to a failing system. Source: thegatewaypundit.com    all the Liars and Pretenders of the Radical Left Media are going out of business! At the conclusion of the G20, South Africa refused to hand off the G20 Presidency to a Senior Representative from our U.S. Embassy, who attended the Closing Ceremony. Therefore, at my direction, South Africa will NOT be receiving an invitation to the 2026 G20, which will be hosted in the Great City of Miami, Florida next year. South Africa has demonstrated to the World they are not a country worthy of Membership anywhere, and we are going to stop all payments and subsidies to them, effective immediately. Thank you for your attention to this matter! War/Peace Zelensky sent aide to US talks to ‘protect’ him from corruption probe – media Zelensky appointed his chief of staff, Andrey Yermak, to head Kiev’s negotiating delegation in Geneva last weekend after learning that anti-corruption investigators were preparing a suspicion notice against the aide,The report comes amid fallout from a massive $100 million graft scheme involving the Ukrainian leader’s inner circle, including long-time associate Timur Mindich, who has been charged with running a kickback scheme in the energy sector and fled before the authorities could detain him.Surveillance of the Mindich case by the National Anti-Corruption Bureau of Ukraine (NABU) reportedly captured conversations involving Zelensky and Yermak, potentially implicating both. Source: sott.net https://twitter.com/MarioNawfal/status/1994307774860189739?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1994307774860189739%7Ctwgr%5Ee8d979a9c10fbfc326b32333d206fa988e9c3418%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F11%2Fnew-ukraines-anti-corruption-bureau-raids-home-andriy%2F   Zelensky's chief of staff. The latest raid comes days after a $100M bribery scandal rocked Ukraine's energy sector – but no official word yet if this is linked. Neither agency has commented on the raid yet.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      NATO states considering ‘cyber offensive' against Russia – Politico NATO's European members are reportedly considering joint offensive cyber operations against Russia, Politico reported on Thursday, citing two senior EU government officials and three diplomats. Western governments are assessing cyber and other options in response to alleged “hybrid attacks” by Moscow, according to the publication. Latvian Foreign Minister Baiba Braze told Politico that NATO must “be more proactive on the cyber offensive” and better coordinate their intelligence services. “And it's not talking that sends a signal – it's doing,” she said. In late 2024, NATO unveiled plans to establish a new integrated cyber defense center at its headquarters in Belgium, which is expected to go online by 2028. Stefano Piermarocchi, the head of cyber risk management within NATO's chief information office, told Breaking Defense that the new hub would enhance Source: rt.com Russian President Vladimir Putin Gives Remarkably Detailed Explanation of Current Peace Negotiation Status – Either Ukraine Concedes Diplomatically, or We Will Win Militarily Source: theconservativetreehouse.com Medical/False Flags [DS] Agenda https://twitter.com/RogerJStoneJr/status/1993883057414353293?s=20 https://twitter.com/RapidResponse47/status/1994206037998538849?s=20 https://twitter.com/AGPamBondi/status/1994194638421340290?s=20 https://twitter.com/VickieforNYC/status/1993899026651951335?s=20   foreign warzone. Yet almost every major lefty account is parroting this narrative. It’s bizarre. Like “of COURSE people are going to try and murder the National Guard, what did you expect to happen in Washington” Is this the narrative here? That Washington is Fallujah? Or is it that the left has declared a de facto state of war, and casualties are now just to be expected? It’s extremely bad either way. https://twitter.com/TheStormRedux/status/1994054785163522357?s=20  that the President said it's times to bring in more law enforcement to make sure that a city that had the 4th highest homicide rate in the country, that that violence was quelled. I'm not even gonna go there!” Liberals have been spending the last 12 hours trying to place the blame on Trump for bringing the NG to the city. Truly unbelievable how ungrateful these people are https://twitter.com/disclosetv/status/1993876798866653577?s=20 https://twitter.com/thevivafrei/status/1994116243154973175?s=20   intentions, everything takes on a whole new meaning. https://twitter.com/ZannSuz/status/1993859778414580217?s=20 https://twitter.com/JLRINVESTIGATES/status/1994214556671889810?s=20 https://twitter.com/DataRepublican/status/1994118842239610989?s=20   dive here. As always, patience as I pull together the thread: https://twitter.com/TPASarah/status/1994015487135514931 Sarah Adams@TPASarah Lakanwal, from Khost Province, Afghanistan, was a member of two CIA-supported units that operated under the National Directorate of Security (NDS) of the former Afghan Republic. Although these units belonged to the NDS on paper, their support and direction came directly from the Central Intelligence Agency (CIA). He served in Unit 01, a special military-intelligence unit responsible for the central zone provinces (Kabul, Parwan, Wardak, and Logar). His agency training in 2007 took place at CIA's Eagle Base near the Deh Sabz district of Kabul province, a few miles from Hamid Karzai International Airport (HKIA). Eagle Camp, originally built on an old brick factory site, became one of the CIA's most important counterterrorism training centers in the early 2000s. It trained the CIA-backed NDS units including NDS-01, NDS-02, NDS-03, NDS-04, NDS-KPF, and NDS-KSF, and also housed an ammunition depot and multiple facilities for sensitive operations. When U.S. forces left Afghanistan in 2021, Eagle Camp was among the final sites to be evacuated and demolished. It was later handed over to the Haqqani Network's suicide bomber brigade, the Badri 313. Badri 313 moved the suicide bombers through the gate areas of HKIA for the Abbey Gate attack that killed 13 of our servicemembers and approximately 170 Afghans on August 26, 2021. After completing training at Eagle Base, Lakanwal was transferred to the team supporting CIA's Kandahar Base. The site had a long militant history: it housed Mullah Mohammad Omar from 1994–2001, Osama bin Laden from 1998–2001, and later Camp Gecko from 2002–2021, which was used by the CIA and NDS-03. It served as the headquarters of the Kandahar Strike Force, which led CIA-backed counterterrorism operations in Kandahar, Uruzgan, and Zabul provinces against the Taliban, al-Qaeda, and ISIS. Lakanwal took part in counterterrorism missions alongside U.S. forces in Kandahar. After the attack yesterday on our National Guardsmen in Washington, DC, ISIS channels were the first to praise the incident largely because Lakanwal's half-brother (the son of his father's second wife, pictured left) had been a recruiter for the Islamic State–Khorasan Province (ISKP). His brother, Muawiyah Khurasani aka Hayatullah (pictured below), previously worked with Tehrik-e-Taliban Pakistan (TTP) in Orakzai Agency, Pakistan, before formally joining ISKP. He was killed in a targeted operation in July 2022 in Achin district, Nangarhar province. Some ISIS members claimed he was killed by Pakistan's Counter-Terrorism Department (CTD), though that remains unconfirmed. After the fall of Kabul in 2021, Lakanwal's unit the Kandahar Protection Force and the Khost Protection Force (KPF) became prime targets for both the Haqqani Network and ISKP, which sought either to blackmail or recruit former KPF members. Recruitment involved persuading them to join voluntarily; blackmail involved coercing them through threats to their families (many were left behind), exposure of past work with the U.S., or financial pressure. Both groups targeted these units specifically because of their close relationships on U.S. soil, particularly with former CIA officers. In addition, both groups, along with al-Qaeda, saw value in impersonating these units. A couple thousand fake documents and ID cards were produced so terrorists could claim affiliation with KPF/01/02 and other special units. This allowed some individuals to fraudulently move through the U.S. evacuation process by exploiting unsuspecting volunteers and taking advantage of weak vetting procedures. We have confirmed that Lakanwal's ID (pictured right) and employment were legitimate, but a full review is recommended, as terrorists have explicitly claimed using this route as a pipeline into the U.S. We cannot keep waiting for Americans to be killed again and again before we act against the Islamist terrorists who have arrived on our soil since 2021. This can no longer fall on the shoulders of a small handful of people sounding the alarm. Every American needs to be engaged: protecting their families, their communities, and our homeland. Please prepare today! https://twitter.com/sentdefender/status/1993925420329390316?s=20  action force of the AFN who fought directly alongside U.S. Special Forces against the Taliban. In addition, Fox News is reporting that Lakanwal worked with various other government entities from the United States in Afghanistan, including the Central Intelligence Agency (CIA), specifically as part of the CIA-backed Kandahar Strike Force (KSF), known in most intelligence circles as NDS-03, which operated outside of U.S. and Afghan military chain-of-commands directly under the CIA, carrying out covert, clandestine, counterterrorism operations, including night raids and assassinations against the Taliban and al-Qaeda. https://twitter.com/DataRepublican/status/1993878815349854361?s=20 CIA Director John Ratcliffe confirmed that to Fox. “In the wake of the disastrous Biden withdrawal from Afghanistan, the Biden administration justified bringing the alleged shooter to the United States in September 2021 due to his prior work with the U.S. government, including CIA, as a member of a partner force in Kandahar, which ended shortly following the chaotic evacuation,” CIA Director John Ratcliffe told Fox News Digital. “The individual—and so many others—should have never been allowed to come here,” Ratcliffe continued. “Our citizens and service members deserve far better than to endure the ongoing fallout from the Biden administration's catastrophic failures.” Ratcliffe added: “God bless our brave troops.” https://twitter.com/disclosetv/status/1994201842750837067?s=20 https://twitter.com/EndWokeness/status/1993882348069552531?s=20 https://twitter.com/CannConActual/status/1993693224196604379?s=20  at a colour revolution. @ColonelTowner and@xAlphaWarriorx have done a good job documenting several. We have been overwhelmingly resistant to these efforts on our homeland through the use of NGOs funding widespread protests and subsequent riots. And as President Trump cut the head off their private sector funding apparatuses (USAID, NED, etc), they are becoming desperate. So they politicized the military, subverted the Constitutional authority of the Commander in Chief, and injected themselves in a chain of command they are NOT a part of. The desperate attempt to execute their plan. This is life or death for the Deep State. https://twitter.com/CynicalPublius/status/1993886979738460646?s=20 There are three phases to a Color Revolution. It’s important to understand this so you can see how the actions of the Sedition 6 fit into this pattern. PHASE ONE: -Form underground opposition networks. -Create strong slogans and powerful information operations as recruitment tools. -Upon a certain well-coordinated signal, well-funded, well-organized mass protests “spontaneously” appear. -The armed wing of the movement conducts carefully coordinated, precision attacks on certain government infrastructure. PHASE TWO:  -Discredit military, security, and law enforcement forces through information operations, coordination with friendly media (Jimmy Kimmel? Talkin’ to you, Komrade Kelly), strikes, civil disobedience, rioting, and sabotage. yOU ARE HER -Occupy civic facilities and refuse to leave until your demands are met. -Strengthen and grow a highly organized logistics support network. -Issue ultimatums to the government, threatening violent uprisings if demands are unmet. The goal is to either have the government acquiesce or engage in violent repression, in each case thereby delegitimizing itself. PHASE THREE:  -Overthrow the government in a “non-violent” manner that is actually quite violent. -Open attacks on authorities, seizure of government buildings, destruction of government symbols. -Coordinate media messaging. If the government attacks, media will accuse the government of attacking “peaceful protestors.” If the government makes concessions, it will appear impotent because protestors will not compromise. -Widespread delegitimization of the government is effective in the minds of the populace; the government either willingly cedes power or is violently removed. -The once underground opposition forces’ leadership now seizes control of the government.   prisons, mental institutions, gangs, or drug cartels. They and their children are supported through massive payments from Patriotic American Citizens who, because of their beautiful hearts, do not want to openly complain or cause trouble in any way, shape, or form. They put up with what has happened to our Country, but it's eating them alive to do so! A migrant earning $30,000 with a green card will get roughly $50,000 in yearly benefits for their family. The real migrant population is much higher. This refugee burden is the leading cause of social dysfunction in America, something that did not exist after World War II (Failed schools, high crime, urban decay, overcrowded hospitals, housing shortages, and large deficits, etc.). As an example, hundreds of thousands of refugees from Somalia are completely taking over the once great State of Minnesota. Somalian gangs are roving the streets looking for “prey” as our wonderful people stay locked in their apartments and houses hoping against hope that they will be left alone. The seriously retarded Governor of Minnesota, Tim Walz, does nothing, either through fear, incompetence, or both, while the worst “Congressman/woman” in our Country, Ilhan Omar, always wrapped in her swaddling hijab, and who probably came into the U.S.A. illegally in that you are not allowed to marry your brother, does nothing but hatefully complain about our Country, its Constitution, and how “badly” she is treated, when her place of origin is a decadent, backward, and crime ridden nation, which is essentially not even a country for lack of Government, Military, Police, schools, etc…    denaturalize migrants who undermine domestic tranquility, and deport any Foreign National who is a public charge, security risk, or non-compatible with Western Civilization. These goals will be pursued with the aim of achieving a major reduction in illegal and disruptive populations, including those admitted through an unauthorized and illegal Autopen approval process. Only REVERSE MIGRATION can fully cure this situation. Other than that, HAPPY THANKSGIVING TO ALL, except those that hate, steal, murder, and destroy everything that America stands for — You won't be here for long! Trump Orders Green Card Review in the Wake of Shooting by Afghan on Overstay President Trump's Plan (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");

Equity markets and risk assets have had a couple of positive days this week, underwritten by the technology sector and by growing market expectations that the Fed will deliver a rate cut on 10th December. With this in mind, we discuss the Fed outlook and the latest US data, with US data taps turning back on post the government shutdown. In Europe, our focus is on inflation data and the UK budget. In Asia, we focus on the Reserve Bank of India policy meeting next week, India's macro outlook, and key data coming out across the region. Chapters: 01:52, Europe: 09:16, Asia: 14:44.   

Muaj 3 tug neeg raug txhom cuam tshuam txog Hong Kong tej tsev kub hnyiab, tus coj lwm pab nom teb chaws tau liam Greens cov kev pab Labor tsim cai pov puag ib puag ncig tias tsis zoo, Australia yuav tau kub siab ntxiv mas thiaj ua tau cov hom phiaj climate target 2035, muaj ob tug neeg ntoj ncig Swiss raug ntses tom ntawm Mid-north NSW, Meskas txhom tau tus neeg tua ob tug neeg tswj kev ruaj ntseg ze tsev dawb, Barnaby Joyce yuav tsis ua nom nrog pab nom Nationals, Lilie James niam nqua hu kom Australia kub siab tham thiab kub siab xaus cov teeb meem kub ntxhov tsim rau tej poj niam, tej kws hais tias ntshe Reserve Bank yuav nce kab theem paj, Pauline Hanson raug txwv tsis pub ua hauj lwm hauv tsev tsoom fwv ib limtiam, tej neeg txum tim thiab tej neeg coj ntseeg ntau yam kab lis kev cai raug tub ceev xwm tshawb ntawm Victoria ntau tshaj tej neeg Australia dawb, Min Woo Lee yuav sib tw Australian PGA Championship limtiam no, Meskas thiab Cob tsib cov lagluam tsawb, Nplog cov kev tiv thaiv kom tsis txhob tsim kev kub ntxhov rau poj niam, muaj kev nqua hu kom peb tej lagluam ntoj ncig rau lub caij nom tswv Thaib qev nyiaj tsis tsub paj rau tej neeg thiab lagluam raug dej nyab.

If you follow the carbon market, and you should, it is yet another lesson in the abject failure that almost certainly results in gerrymandering markets. Four times a year you bid for credits (offsets) to counter your polluting habits. You do this because we signed up to Paris and made a bunch of promises we were never going to be able to keep. By selling credits the Government has the potential income of about $2 billion a year. Except little, if any, of that happens because by and large people don't turn up and bid. And they fail to show up, broadly speaking, because people don't believe a word the Government says on climate. It's not just this Government. The last one was even worse. They have tried to set a price for carbon credits, remembering of course that it's an entirely invented market. So it's a dart-at-a-board stuff at the best of times. Of late the price was $52. Then it was $33 before settling back to about $40-something. Enter Climate Minister Simon Watts. Now, he doesn't normally talk about the market because that's interference, the same way the Prime Minister doesn't talk about the Reserve Bank. But Simon has talked about the market, and he has done that because the Government are panicked. He issued a reassurance that despite all the changes they are making around climate, the carbon market and the ETS are still a thing. We are still committed, it's still going to happen. His commitments, he said, are firm. Except, Simon, that's the problem – no one believes you. This is a Government that says one thing and does another. Don't get me wrong, what, roughly, they are doing is the right thing. The tide has gone out on climate. The promises are a bust. No one is going to make Net Zero, so the answer is stop pretending you are. Science might come to the rescue and if it does, fantastic. But the governmental promises around carbon and the ETS and car import duties is all BS. There is no better proof of that than the carbon market. The market is calling the Government's bluff. Carbon credits or snake oil? Same thing. No one's buying figuratively and literally. See omnystudio.com/listener for privacy information.

What does the Reserve Bank's Official Cash Rate (OCR) mean for your mortgage, savings, and investment decisions? Nigel Grant (Head of Wealth Products, ASB) is joined by Chris Tennent-Brown (Senior Economist, ASB) and Manu Batra (Head of Home Lending Products, ASB) to unpack the latest OCR decision and what it means for Kiwi borrowers and savers. They break down why mortgage rates don't always move in step with the OCR, and how to balance lending and savings strategies as market conditions evolve.

I've reached the conclusion that when it comes to the banks and mortgage rates, the only option you've got left is to hustle. You're on your own here. It has been 2 days since the Reserve Bank cut the official cash rate, and by how much do you think the big banks have cut their fixed rates? No, not a jot. Not, not a single basis point. Absolutely nothing has come off their fixed rates. It's not particularly helpful from the banks cause, you know, we're trying to get the country out of recession and the point of cutting the OCR is that the mortgage rates come down and then when you refix, you've got more disposable cash and the more cash you have, the more you're gonna spend and the faster we're gonna get out of this recession. So thumbs up and thanks very much to the big banks for not helping. Obviously, it's smart business for them. They need to make as much money as they can. The prediction is they will eventually cut the OCR cut their mortgage rates, but it'll be next year. It won't be this side of Christmas, and no one's going to be able to force them. There is, everybody has fired all their bullets at this stage. The Reserve Bank's cut as much out of the OCR as it can. The critics have written their columns, have given their interviews. Nothing's happened. The government's accepted all the recommendations of the select Committee inquiry, and I think we all know that that's a damp squib. And to be honest, when it comes to the government, for them to do anything meaningful to the banks, it would have to be. Something as massive as breaking up ANZ and ASB and the horror that that would send through the investment community would potentially be worse than us paying too much in mortgage interest rates at the moment. So, The only conclusion you're gonna reach is that you're on your own. No one is coming to save you from the banks. No one's gonna force them to pass on the OCR cuts if they don't want to. You're gonna have to hustle. So when you refix, demand a better rate. Look at what the advertised rate is and then tell them to shave 50 basis points off and if they don't cross the road to another bank that will. That is competition. You're on your own. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Waipukurau now has a cash depot as part of a Reserve Bank trial. Owner of Goat Horn Café in Waipawa, Josh Renall spoke to Ingrid Hipkiss.

A mortgage advisor is joining the Finance Minister in urging banks to slash home loan rates. Nicola Willis is asking them to pass on “as much as possible” in the wake of the Reserve Bank cutting the Official Cash Rate to 2.25%. She says the banks have a stake in the economy, and passing the cuts on will make a significant difference. Loan Market Mortgage Advisor Bruce Patten told Mike Hosking the banks are holding onto some really good margins at the moment. He says he'd like to see them pass them on before Christmas – everyone needs it, so someone needs to make the move. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Reserve Bank is addressing concerns cash is becoming inaccessible by bringing money to rural communities. It has opened a 12-month trial of a cash depot in Hawke's Bays' Waipukurau - offering a closer site to make withdrawals. Local banks have recently closed, meaning the nearest ATM for locals is 50 kilometres away. Reserve Bank Money and Cash Director, Ian Woolford, says, currently, only businesses can use the depot for cash. "It's quite surprising, about a third of where people get their money from is actually from a retailer...but people might be noticing retailers are increasingly saying - well, we don't really want to accept cash." LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Reserve Bank has blamed the ongoing recession on an uncertain property market, prompting experts to weigh in. New Zealand has traditionally relied on housing as an engine of growth, but years of flat property prices have reportedly contributed to the ongoing economic downturn. Infometrics principal economist Brad Olsen explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Can I give you a positive spin on the recession that we're just coming out of? I mean, maybe it's not so much a positive spin, but maybe it's an explanation for why this recession was harder than it needed to be - but why it actually did need to be this hard. If you've been following the commentary around the Reserve Bank's last two OCR decisions, you'll know there's been a fair bit of chat about the wealth effect and how that has made the recession worse. Now, the wealth effect is the thing that happens when your house goes up in value. You feel rich - you're not rich, you just feel rich - so you go out and spend more money. And then, of course, when it does the opposite and goes down in value, you feel poor. You're not poor, you just feel it, so you shut your wallet. And that is part of the reason why this recession has dragged - because our house prices are not going up. They have gone backwards, and so we're not spending, which means that we're not spending our way out of the recession. Now, the thing about this is that the Reserve Bank has actually done things to deliberately keep our house prices suppressed, right? Things like debt-to-income ratios. Some of the stuff is not their fault, like people leaving the country and therefore not wanting to buy a house - supply and demand, blah blah blah - but some of it is the fault of the Reserve Bank, who've done this deliberately. And I warned you about this on the show before. I said this to you in August, I said I was worried that the Reserve Bank was keeping house prices depressed and that it would drag out this recession longer, which it has. And I've been talking privately to Brad Olsen about it as well, who's been keeping an eye on it too, and we've been debating the merits of it. But here's the silver lining - we actually needed to let go of this property obsession. It's been hard, but we needed to do it because we have got to stop putting our money into property and we've got to start putting our money into businesses and other productive assets. And this is the breakup that we needed to have. No breakup is nice, and this one isn't either. So I text Brad Olsen this morning, yet again. He goes, “Oh, here we go. Here's a text from Heather.” I said, “Brad, are you still sure that it was worth it to break up with our property obsession given how hard it has made this recession?” And he just replied with, “Yes, I do.” So what I would say is, if you're doing the glass-half-full thing, at least we will come out of this recession less in love with houses and more likely to put our dollars into stuff that will actually make New Zealand richer - and that's got to be a good thing. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Waipukurau is to get a cash depot, as part of a Reserve Bank trial, meaning businesses no longer have to drive 50 kilometres to the nearest bank. 

The Reserve Bank has dropped the OCR to its lowest level in three years, down to 2.25%. Some home loan rates started to drop just minutes after the OCR cut of 25 basis points. The Reseve Bank says economic growth has "likely" resumed and will likely increase off the back of lower interest rates. Kiwi Bank Chief Economist Jarrod Kerr spoke to Lisa Owen. The Reserve Bank has dropped the OCR to its lowest level in three years, down to 2.25%. Some home loan rates started to drop just minutes after the OCR cut of 25 basis points. The Reserve Bank says economic growth has "likely" resumed and will likely increase off the back of lower interest rates. Kiwi Bank Chief Economist Jarrod Kerr spoke to Lisa Owen.

It's tempting to take to social media to air your issue with your ex. It's also fun to post pics of the girls trip you took post separation, but did you know those two things can impact your divorce? We speak to a divorce lawyer about the rules of engagement when it comes to splitting up and your social media presence. And in headlines today, A man has been killed by a falling tree during surging storms that left tens of thousands of people without power across NSW; 2 years after her murder, the state coroner will deliver her findings in the death of water polo coach Lilie James and the man who killed her; Some experts now believe the Reserve Bank is more likely to hike rates next than cut them, after a "concerning" inflation reading; Robert Irwin has won US Dancing With the Stars, a decade after his older sister Bindi took out the US competition THE END BITS Support independent women's media Check out The Quicky Instagram here GET IN TOUCHShare your story, feedback, or dilemma! Send us a voice note or email us at thequicky@mamamia.com.au CREDITS Hosts: Taylah Strano & Claire Murphy Guest: Breanna Farrell Audio Producer: Lu Hill Become a Mamamia subscriber: https://www.mamamia.com.au/subscribeSee omnystudio.com/listener for privacy information.

The Reserve Bank has cut the OCR by 25 basis points to 2.25%, the lowest it's been since June 2022. Mortgage broker and financial advisor from Knight Advice, Nick Niblett spoke to Ingrid Hipkiss.

The Reserve Bank has just delivered its final OCR cut of the year ... but what does that mean for mortgages, investors, and house prices heading into 2026?In this episode, Ed and Andrew unpack the numbers from the latest announcement and explain why this cut might be the last one in this cycle.You'll learn:How far has the OCR fallen this year Whether mortgage rates could keep dropping – or start creeping back upWhat the Reserve Bank's “crystal ball” says about house prices next yearThis episode shows why a lower OCR doesn't guarantee cheaper mortgages, how much more rate movement is possible, and what investors should realistically expect in 2026.Don't forget to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠create your free Opes+ account and Wealth Plan here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.For more from Opes Partners:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign up for the weekly Private Property newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠

The Reserve Bank Governor is leaving the job tomorrow with no major regrets about the pace of OCR cuts. The cash rate's dropped 25 basis points to 2.25%. Forward-projections suggest this will be the end of the current cycle of OCR cuts, with inflation expected to ease and the economy expected to recover in the new year. Governor Christian Hawkesby told Mike Hosking they've been responding to circumstances. He says they've been dealing with a stall in economic recovery while focusing on their mandate of controlling inflation. Hawkesby says it's hard to say exactly why New Zealand's recovery has stalled more than other countries, telling Hosking there isn't one clear reason for the downturn this year. He says it's a bit of a puzzle, with tariffs and cautiousness both playing a role, and that's why last month's cut was needed to kickstart the economy. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Don't bank on any further cuts to the Official Cash Rate. The Reserve Bank's dropped the cash rate 25 basis points to 2.25%. It expects to see inflation ease and the economy recover. Kiwibank Chief Executive Steve Jurkovich told Mike Hosking this could very well be the bottom of the current OCR cycle. He says there's lots of talk about green shoots in the economy, although much of this has been in farming. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Tonight, on The Panel, Wallace Chapman is joined by panellists Verity Johnson and Nick Leggett First up, the reverberations are still being felt from yesterday's announcement about the government's proposal to axe regional councils. After 24 hours what questions linger and what needs to be answered? Then, the Reserve Bank has made a 25-basis point cut to the official cash rate. Has obsessing over the OCR become our new national sport?

The Reserve Bank ended the year on a hopeful note and brought down the OCR for the end of 2025. The central bank cut the Official Cash Rate another 25 basis points today - bringing it to 2.25 percent. Milford Asset Management's Sam Trethewey explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Reserve Bank's outgoing Governor says New Zealand's economy may be doing better than we realise. The central bank has cut the OCR 25 basis points today - to 2.25 percent. Christian Hawkesby says the economy already appears to be recovering from this year's downturn. He says what's unclear - is its pace. "The recovery could be faster and stronger than we expect, because we have cut interest rates a long way and it could really start coming through quite quickly." LISTEN ABOVESee omnystudio.com/listener for privacy information.

From payments to policy, few roles carry as much responsibility and visibility as that of Michelle McPhee, assistant governor (business services) at the Reserve Bank of Australia. In this candid conversation from the Women in Finance Summit 2025, host Annie Kane sits down with the central banker to discover the leadership lessons she's learned navigating high-stakes decisions, career pivots, and a rapidly evolving financial landscape. Tune in to find out: How she built confidence and resilience in complex roles. The pivotal moments that shaped her leadership journey at the RBA. Her advice for women aspiring to be senior leaders in finance. And much more!

South Africa's top monetary voice, Dawie Roodt, says cutting inflation to 3% changes everything - interest rates, debt, the currency and even how businesses price their products. But there's a catch. Roodt warns that the Reserve Bank cannot do it alone, and that politicians, municipalities and state-owned entities will fight the shift because high inflation hides their mistakes and pays their debt. He argues that if South Africans refuse unjustified price hikes, “we protect our money instead of letting it lose value.”

It's the Reserve Bank outing this week. One last hurrah for the year. It has a certain anticlimax about it, doesn't it? It's probably going to be 25 basis points. 25 points is priced in by just about everyone. There is a chance it's zero. Next to no one says 50 basis points. Infometrics last week had the Q3 GDP number at 0.9% and I'm told the Q2 number is going to be revised up, which means if you add all that to the Q1 number then we've actually had a pretty decent year. "What? Are you mad? How can you say that?", I hear you say. Well, don't shoot the messenger. These are either facts, or expert predictions. Either way they are to the right side of the equation. The point being is that's the sort of thing the Reserve Bank looks at. Is inflation in its box? Well, it's a smidge high, given it's 3%, so right at the top end, but technically still within the 0-3% range. If we cut further, they will ask, do we risk driving that number a bit higher through increased bullishness and spending? Quite possibly. Now I'm not personally arguing for a hold. But if you want to toss a few ideas about the place, that isn't a bad one. A case can be made for holding, for saying inflation is there or thereabouts and that the economy has got no shortage of green shoots, and 2026 looks okay so our job is done. The psychological advantage, no matter what they do, is not to be underestimated either. "If this is it, it's as good as it gets. It's as low as they go". Then a lot of people will make decisions around money and mortgages, and a lot of people have been holding. They've been in the waiting place and, as Dr. Seuss said, "the waiting place is no place for you". In a funny way it might also shake us out of our funk. We are disproportionately miserable, not because of reality, but because it's been so bad and we need a kick up the backside to get on with it. Maybe Christian Hawkesby, in his farewell flourish, offers not just the 25 basis points but a bit of uplifting hyperbole as he steps out the door. They have cut six times this year. We could end 2025 at 2.25%. It started at 4.25%. Shows you what a mess we have dealt with. But I get the sense the page has turned. See omnystudio.com/listener for privacy information.

The Reserve Bank's set to slash the Official Cash rate today but the big question is whether today's cut will be the last. The final OCR decision of the year is set down for 2pm. Most economists expect the cash rate to be cut 25 basis points – from 2.5% to 2.25%. Kiwibank Chief Economist Jarrod Kerr told Mike Hosking the main message seems to be that we're getting pretty close to the bottom. He says interest rates are at stimulatory levels and they're looking to see if that will entice some investment. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Reserve Bank is set to deliver their final Monetary Policy Statement for 2025 tomorrow, and reports indicate the OCR will be cut further. Economists are widely expecting the OCR to drop 25 basis points to 2.25 percent - with room for further cuts down the line. HSBC chief economist Paul Bloxham speculated further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Regular listeners will be aware of my ongoing angst over banks and whether or not they are legit players in our marketplace. The Reserve Bank this week, in one final stab this year, will most likely cut the cash rate, again, which will leave it at 2.25%. The Co-operative Bank last week claimed they are the only ones who have fully passed on the cash rate cuts so far. In fact, as of the current cash rate at 2.5%, they have cut their floating rate to 3.1% against the cash rate fall of 3%. Now on the surface, if their claim is correct, that would back up the broad-based argument that retail banks are creaming it, and things need to be done about it. Certainly, the banks margins remain high and as of a couple of weeks ago those who reported, reported their margins expanding. Now the counter to all that is the Co-operative Bank themselves. If what they say is correct, good on them. But what does that prove? It proves there is competition. It proves that the market is dynamic and it proves that if you see their claim and think to yourself "hold on, how come I don't have a deal that good?" you can in fact, and have always been able to, change banks. So in offering the insight inferring a lack of competitive behaviour, do they not to a degree shoot themselves in the foot? Further, I think it's fair to suggest that in reference to the floating rate not many people, generally, are on the floating rate. And even if you have a few at the moment waiting to lock up when a final cut comes, the overarching theme of New Zealand lending is one of fixed rates. So perhaps a better example would be what the competition is like around the part of the market that is most used and therefore most competitive. So you can see my dilemma, my ongoing issue. I can find you examples of banks behaving if not badly, at least suspiciously, thus giving weight to those who argue oligopolies. But I can find examples of good, clean, open competition where deals are to be done. So once again there's the simple question with seemingly no solid answer. Who is right? See omnystudio.com/listener for privacy information.

The Reserve Bank is set to make an announcement this week, and experts are expecting at least one more cut to the OCR. Markets are projecting the OCR will be cut down to 2.25, and they've priced it in accordingly. Harbour Asset Management's Shane Solly explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

On Episode 733 of The Core Report, financial journalist Govindraj Ethiraj talks to Suhail Nathani, Managing Partner at Economic Laws Practice as well as Paul Jeruchimowitz, Senior Managing Director and GCC Practice Lead at Accenture.SHOW NOTES(00:00) The Take(05:09) The markets enter a new phase of volatility, clash of views.(06:03) Rupee hits an all time low as the Reserve Bank steps back.(08:43) American oil producers could struggle in a $60 oil world.(10:44) What will companies have to do to comply with the New Labour Codes?(22:10) What does it take to set up a GCC?Register for India Energy Week 2026https://www.indiaenergyweek.com/visit/visitor-registration/Register for the 3rd Edition of the Algorand India Summit https://algorand.co/india-summit-2025For more of our coverage check out ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thecore.in⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe to our Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ |⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ |⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ |⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Linkedin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ |⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠⁠⁠

Kristina Clifton and Carol Kong discuss the top influences on currency markets this week including Australia's October CPI, the Federal reserve's Beige book, the Reserve Bank of New Zealand's policy announcement and the UK Autumn Budget.  They also discuss the possibility of FX intervention in Japan. 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.   Usage of Artificial Intelligence  To enhance efficiency, GEMR may use the Bank approved artificial intelligence (AI) tools to assist in preparing content for this podcast. These tools are used solely for drafting and structuring purposes and do not replace human judgment or oversight. All final content is reviewed and approved by GEMR analysts for accuracy and independence. 

Stephen Grootes speaks to Isaah Mhlanga, Chief Economist at RMB, about the unanimous decision to cut the repo rate by 25 basis points to 6.75%, the adoption of a 3% inflation target, and what these changes mean for South Africa’s growth outlook and monetary policy trajectory. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Southern Sun CEO Marcel von Aulock. about Southern Sun’s record-breaking October, with occupancy hitting 73.3% and revenue soaring past even World Cup levels. In other interviews, Koketso Mano, Senior economist at FNB, discusses whether the Reserve Bank will cut the repo rate after inflation edged up to 3.6% in October. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702702 on TikTok: https://www.tiktok.com/@talkradio702702 on Instagram: https://www.instagram.com/talkradio702/702 on X: https://x.com/CapeTalk702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalkCapeTalk on TikTok: https://www.tiktok.com/@capetalkCapeTalk on Instagram: https://www.instagram.com/CapeTalk on X: https://x.com/Radio702CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567See omnystudio.com/listener for privacy information.

Australia's annual wage growth remained elevated last quarter, underscoring a tight labor market and persistently weak productivity and suggesting inflationary pressures may take time to cool in a challenge for policy makers. For the Reserve Bank of Australia, it means an interest rate cut in the near term remains unlikely. In addition wages growth is … Continue reading "The Inconvenient Truth About The Wages Price Index “Good News”"

Stephen speaks to Koketso Mano, Senior economist at FNB,about whether the Reserve Bank will cut the repo rate after inflation edged up to 3.6% in October. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

The Reserve Bank is set to reveal their latest OCR update next week, but experts aren't feeling too hopeful about the economy. GDP is down and the labour market remains weak, and many are feeling less optimistic. Milford Asset Management's Brendan Larsen explained further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Is an Independent Economist who comments on the state of a precarious world economy. Plus we preview next week's OCR announcement from the Reserve Bank. See omnystudio.com/listener for privacy information.

When the Reserve Bank cuts the OCR, how long does it actually take for the banks to follow? In this episode, Ed and Andrew dig into two years of real data to reveal which banks move fastest, how long rate cuts really take, and whether it's worth floating your mortgage before a drop.You'll learn:The median time it takes each major bank to cut rates after the OCR fallsWhich banks move the fastest (and which drag their feet)Whether floating before a cut could actually save you moneyEd and Andrew break down the numbers and show how timing your loan decisions could mean hundreds (or even thousands) in savings.And you can download your copy of the spreadsheet mentioned here.And you can check out the Current NZ mortgage interest rates here.For more from Opes Partners:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign up for the weekly Private Property newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠

In this episode of The Pure Property Podcast, co-hosts Phil Tarrant and Paul Glossop are joined by Sam Beckett to discuss the current Australian property market, focusing on interest rates, investment strategies, and market trends. The co-hosts begin the episode with a market analysis, noting that housing values rose nationally by 1.1% in October, driven by strong demand, limited supply, and high immigration. They link this trend to broader economic conditions, as the Reserve Bank of Australia recently held rates steady amid rising inflation, largely driven by increases in housing and electricity costs. The hosts caution that government initiatives, such as first home buyer grants and zoning changes, may increase demand but do little to address the underlying supply shortage. Macquarie Bank's upcoming halt on lending to trusts and companies was also discussed, with the hosts emphasising the importance of using such structures legally and strategically. Guest Sam Beckett also shares his property journey, demonstrating how disciplined planning and leveraging a stable income can build a $2 million portfolio by age 29. The conversation highlights the importance of investors remaining vigilant, considering long-term market dynamics, and making informed decisions tailored to their specific goals.

[Ad]  Support our show and yourself by supporting our two great sponsors! Go to https://piavpn.com/OTHERSIDE to get 83% off Private Internet Access with 4 months free!   AND D-I-Y Your Patio, Carport, Deck, Pergola and more with SmartKits at smartkits.com.auThis week on  THE OTHER SIDE...   (Ep 434  w/c Fri 14 November 2025)  -- Why NET ZERO is a waste of time for Australia and will actually have a negative economic and social impact if it's not dropped. -- Albo and Jimbo's BIG Housing FAIL - the 5% deposit for first homebuyer policy has done exactly what everyone warned it would do - caused massive sudden price increases across Australian capital cities.  Our special panel of experts discuss why. -- The Reserve Bank's very strange view of Australia's economy and the role of business - a major Australian think tank SLAMS the RBA Deputy Governor's comments as "divorced from reality" - its leader explains why. -- And a millennial immigrant gives her views on the housing crisis, immigration, and how we take our freedom too much for granted in Australia.Help us build a whole new world of Aussie media! Support us by joining THE EXCLUSIVE SIDE at https://www.othersidetv.com.au/Follow us on X  @OtherSideAUSSubscribe NOW on YouTube @OtherSideAUSSupport us - Support our Sponsors - PIAVPN.com/OtherSide and  smartkits.com.auSupport the showJoin The EXCLUSIVE Side at www.OtherSideTV.com.au and help us revolutionise Aussie media! The Other Side is a regular news/commentary show on YouTube @OtherSideAus and available to watch FREE here: https://www.youtube.com/@OtherSideAus Follow us on X @OtherSideAUS