Grays Property Anatomy - 05 Feb 2021
Adelaide Timbrell, Angus Raine, Chris Gray
This week the Reserve Bank of Australia announced that it’s unlikely to raise interest rates until at least 2024 and so is it time to fix your interest rates or should you stay variable? On tonight’s show, I share my thoughts on how to evaluate that decision.
Well, it’s been a good week for data this week! Alongside the RBA decision to maintain that historically low cash rate on Tuesday, the Australian Bureau of Statistics announced private housing approvals for December were at a record high of 15.8%. And with the outlook for the global economy improving markedly in recent months, what does all of this good news mean for Australia’s property markets? Adelaide Timbrell from ANZ Research joins us to put it all into context.
And an outspoken advocate for the resilience and buoyancy of the Australian property markets throughout 2020, Angus Raine, Executive Chairman of Raine & Horne Group now believes “the property planets have all aligned.” So, what does Angus think of the current forecasts of 5-10% growth across Australia in 2021?
Join me, Chris Gray in the full episode above and every Friday at 7pm for Gray’s Property Anatomy.
Tonight’s show is proudly sponsored by WiNESMS.
Don’t forget to use our discount code ptv20 for 20% off your first order!
05 February, 2021
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