RBA May 2020 - Three Critical Themes Unfolding In The Economy Right Now --- And How They Impact Property Prices!

It’s the full month after Australia’s social restrictions so… what should we expect in today’s RBA Board meeting?

One thing for sure, the cash rate remains at 0.25% and while there isn’t too much of a surprise there, Ben is about to walk you through the THREE CRITICAL THEMES unfolding with regards to the direction, outlook and recovery of the economy; both here in Australia and globally.

Free Resources mentioned in this Update:

• Ben’s Blog on ‘Talking Up’ Property or Subject Matter Knowledge? – Property Prices in the Short Term: Read here
• RBA Economic and Financial update: https://www.rba.gov.au/speeches/2020/sp-gov-2020-04-21.html
• IMF Real GDP Growth in 2020: https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD

What’s discussed in this Update?

• Distressed Selling in Property
• What Property Type is MOST at Risk Right Now
• When Can The Economy Expect To “Bounce Back”?
• US Economic News
• Chinese Economic Activity
• Australian Politics — And What This Will Mean For Property Investors, Home Owners and First Home Buyers
• Australian Economy Update & Future Outlook
• Unemployment (where’s it sitting & where it’s looking to go…)
• Retail Sales
• What Australian Banks Are Doing Right Now
• Credit Growth & Dwelling Approvals
• What To Watch Out For In The Coming Months… (especially regarding self-isolation bans and property predictions)

This is another BIG RBA ANNOUNCEMENT with everything going on at the moment, but it’s definitely in your BEST interest to watch so you stay up-to-date with what’s currently happening!

LISTEN TO THE FIRST 20 EPISODES HERE >>

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LISTEN TO THE FIRST 20 EPISODES HERE >>

MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/

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- How to Build a Property Portfolio and Retire on $2,000 a week >>

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