Have been following you since well before the uptick in interest rates. You have provided so much stability/ anchoring to families and individuals, at a time where it is easy for people to lose their heads with the doom and gloom. Mark and Kouki, thanks so very much for your contribution in helping so many navigate choppy waters. Regards, Paul
Welcome back guys. I thoroughly enjoy your regular podcast, I appreciate and respect your great knowledge and insight that even I a photographer can comprehend.You both have given me a greater insight into the finacial sector which I find vital for a small business owner. Thank you, you blokes kick arse.
Another consideration that we should be preparing for (by value adding to our raw materials etc), is the growing economic issues in China, which are likely to have major impacts on Australia. We need to be investing more into this country's future by creating a more 'sophisticated economy'.
Cities still need to built and they are built with our iron ore. Just because China going down adds about 1% inflation to the world, but the world still needs raw minerals. I do agree with you though. We need tax reform to encourage productivity.
Stocks doing well? Are you sure Stephen Koukoulas? Stocks are up 20% on Nov 2007. Brisbane house prices are up 65% since just 2018 ! Stocks are NOT doing well at all.
I want to know from Stephen, is there or has there been any political influence or pressure from the Government that may or has influenced their decisions at any time? Answer please Stephen.
Imagine the ABS did they right thing again and re introduce house prices back into the inflation index, one wonders what the real inflation rate would be? Ever since the Hawke Keating days and even more so the Howard years the ABS has been instructed by the governments of the day through back channels wink wink nudge nudge to keep removing things from the inflation index. Why not house prices be included. Everyone either buys or rents a home of some sort. You can't live in a box so it's not exactly a luxury item or a want. It is a need. You would probably find inflation closer to 12-15% and with interest rates rightly so much higher. Anyone who argues a 4-5% interest rate is too high is an absolute goose.
My prediction for this year is rate hold all the way through. I would not expect a rate cut until February 2025. My only but is if more businesses go bust very quickly and huge unemployment happens then maybe a rate cute some time after September.
Mark Bouris is the voice of reason , Koukoulas has been wrong on STIR and economics for 18 months straight . Kouk was calling rates done at 2.8% in late '22 and we had 6 more hikes from then , he called rate cuts by end '23 . Not the greatest economist going around .
Woww 15 a week ..pay for some of the new petrol..beer ect tax now plus 15 has gone to minus 12 a week..treasures smart people..thier wage increase will be more than 15 dollars
Have been following you since well before the uptick in interest rates. You have provided so much stability/ anchoring to families and individuals, at a time where it is easy for people to lose their heads with the doom and gloom. Mark and Kouki, thanks so very much for your contribution in helping so many navigate choppy waters.
Regards,
Paul
I appreciate how you guys talk about this stuff in a way that's understandable for the average person. i.e me. Thank you guys, keep it up.
Thanks for your expertise, rarely can you combine true education and entertainment. This was great.
please include timestamp in your content
Kouk looks like he is still having his fair share of burgers
Kouky is legendary....we love him. He can enjoy whatever he likes.
Deflation is the price of goods getting cheaper, disinflation is a lower inflation rate but goods still costing more
Really easy watch thanks guys great insights
So, in essence, housing is consuming the economy and society.
Love this duo. ❤ Great chat gentleman 🎉
Thanks for listening
27:30: Perhaps USA is more resilient because housing is half the price?
And they could get super low fixed interest home loans at the time for around 2% for the life of the loan
Who knows a business that’s closed in the last 6 months ? Or knows or runs a business that will be closed in the next few months ?
My discretionary spending is on AliExpress. So no benefit to the Aussie economy?
Welcome back guys. I thoroughly enjoy your regular podcast, I appreciate and respect your great knowledge and insight that even I a photographer can comprehend.You both have given me a greater insight into the finacial sector which I find vital for a small business owner. Thank you, you blokes kick arse.
Another consideration that we should be preparing for (by value adding to our raw materials etc), is the growing economic issues in China, which are likely to have major impacts on Australia. We need to be investing more into this country's future by creating a more 'sophisticated economy'.
Cities still need to built and they are built with our iron ore. Just because China going down adds about 1% inflation to the world, but the world still needs raw minerals.
I do agree with you though. We need tax reform to encourage productivity.
Stocks doing well? Are you sure Stephen Koukoulas?
Stocks are up 20% on Nov 2007.
Brisbane house prices are up 65% since just 2018 !
Stocks are NOT doing well at all.
I want to know from Stephen, is there or has there been any political influence or pressure from the Government that may or has influenced their decisions at any time? Answer please Stephen.
People are buying shares because they don’t think banks are safe so anything over the $250k guaranteed amount is going into assets
Economy may not be on its knees but it's certainly genuflecting
Imagine the ABS did they right thing again and re introduce house prices back into the inflation index, one wonders what the real inflation rate would be? Ever since the Hawke Keating days and even more so the Howard years the ABS has been instructed by the governments of the day through back channels wink wink nudge nudge to keep removing things from the inflation index.
Why not house prices be included. Everyone either buys or rents a home of some sort. You can't live in a box so it's not exactly a luxury item or a want. It is a need.
You would probably find inflation closer to 12-15% and with interest rates rightly so much higher. Anyone who argues a 4-5% interest rate is too high is an absolute goose.
The future ‘ain’t what it used to be. Expensive grog OMG!
My prediction for this year is rate hold all the way through. I would not expect a rate cut until February 2025. My only but is if more businesses go bust very quickly and huge unemployment happens then maybe a rate cute some time after September.
“The models were wrong a few times”… arrest the RBA instead of paying them a lot of money for fucking up all the time
the system is broken
Yes....but think about who it's not broken for? A niche group of people in Australia
We are at the average long term interest rates so should be no interest rate cut 🤔🤔🤔🤔😃👍
Mark Bouris is the voice of reason , Koukoulas has been wrong on STIR and economics for 18 months straight . Kouk was calling rates done at 2.8% in late '22 and we had 6 more hikes from then , he called rate cuts by end '23 . Not the greatest economist going around .
Woww 15 a week ..pay for some of the new petrol..beer ect tax now plus 15 has gone to minus 12 a week..treasures smart people..thier wage increase will be more than 15 dollars
Nice to watch some fact based content. 👍👏
Glad you liked it!