July Rate Pause: RBA Now Fears Recession Risk
- Author
- Redom Syed
- Published
- Tue 04 Jul 2023
- Episode Link
- None
Rates on HOLD. The RBA have acknowledged GROWTH for the first time in this rate rising cycle - effectively voicing their fear that the Australian Economy may go into a recession this FY.
In this pod, we go through:
> Why they paused rates
> What it means for housing
> Whether there'll be a recession in the year ahead
Curtis shares his 3 big forecasts for the year: A recession in Australia, no more rate rises & a housing market that performs well in spite of a slowing economy.
Reach out to us at www.australianpropertytalk.com.au
