China crisis a catastrophe for Australia
There are some deeply concerning implications for Australia in China’s escalating crisis – and it proves how much we rely on them.
There are some deeply concerning implications for Australia in China’s escalating crisis – and it proves how much we rely on them.
Australia is facing a huge challenge and two things are conspiring to create huge consequences for Aussie mortgage payers.
At first glance Covid was expected to relieve a key pressure in the property market. Instead, the opposite has now happened.
Aussies have been struggling with a rising cash rate to squash inflation but there’s a strong sign it’s just not going to work.
The rate of house price falls has accelerated – but not all the nation’s property markets are being impacted equally.
Australia has been propped up to the tune of $3 billion in six months but the cash tap is being cut off. Now what happens?
Two Australias are being created – one where life has scarcely been better and the other is the most dire it’s been in decades. Which one do you fit into?
The RBA’s cash rate rises to ease inflation are being offset by one group of Aussies – which could mean higher rates for a lot longer.
The RBA is banking on interest rate rises to squash inflation but a worrying Aussie reaction could ruin their entire plan.
There’s a strong indicator that Aussies are about to go through more interest rate hikes as the economy struggles to right itself.
Original URL: https://www.news.com.au/the-team/tarric-brooker/page/15