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The Housing Problem That's About to Get a *lot* Worse
Housing Crisis: Australia's Construction Sector Faces a Zombie Apocalypse
The Morning Catch Up: ASX to Open Softer as US and European Markets Hit by Chip, Energy Declines; Oil Prices Tumble
Spike in Australian Residential Construction Costs Serves as Warning on Rates
Confidence Returning to Australian Housing Sector, Says Construction Group
Scentre Group Appoints New Director
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Nisdey : There is only 1 way the RBA will cut rates in 2025, and that's if the corrupt Albanese government legislated away their independence and stacks the RBA board with union organisers. (this is their current plan to reduce interest rates, since they refuse to cut government spending to lower inflation).
The disconnection of interest rates from inflation to trick voters into giving this lunatic another term in office, combined with the absurd spending on "renewables" and "infrastructure" all of which is 100% inflationary (since neither generate any revenue) guarantees that REITs as well as any other deflationary asset (like gold, or Bitcoin) will skyrocket.
Since the underlying cause will be hyperinflation in the AUD, holding literally anything that is not denominated in AUD, like US dollars or stocks will also "skyrocket" if viewed through the lens of Australian Dollars.
This might sound like a way to get rich while everyone else gets poorer, but it doesn't work like that in Australia.
Here, we believe in Survival of the Weakest. A form of anti-evolution.
FACT: the average NDIS participant receives "benefits" equivalent to nearly double the average workforce participant's before-tax income. Who's better off working? Not many.
DM me for advice on SMSFs and offshore holdings, to limit your exposure to the "Robbin Hood" taxation scheme that's coming out way.