Welcome to Propertybuyer Podcast Episode #64: Economic Recession or Recovery - What’s next?
In this week's edition, we delve deep into the heart of economic uncertainty with the seasoned insights of Dr. Shane Oliver, Chief Economist at AMP. Shane, a maestro in deciphering economic intricacies, joins us to navigate the aftermath of 13 interest rate hikes and the polarising predictions of recession versus resilience in the property market.
Key Questions & Insights: - How does Shane's economic assessment influence AMP's operations? - Uncover the driving force behind Shane's passion for economics. - The Australian economy in Nov 2023: Shane's descriptors and predictions. - The impact of 13 rapid interest rate hikes on the average consumer. - Forecasting the property market in major cities for the next 12-24 months. - The risk of forced sellers and potential recession in 2024. - Australia's resilience to external shocks and the aftermath of COVID stimulus. - Identifying vulnerable sectors and preparing for higher interest rates. - Unveiling opportunities for property investors in challenging times.
🤔 Thought of the Week:** "Believe you can and you’re halfway there." - Theodore Roosevelt.
🎙️ Join us for a riveting discussion with Shane Oliver as we unravel the complexities of the economy, decode market trends, and equip you for the uncertain future!
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