The Elephant in the Room
The property podcast for the thinking person.

Episodes

Episode 277: Inflation, Interest Rates, and More: Warren Hogan on the Australian Economy

Australia's economy once lauded for its stability and strong growth potential, is now facing extreme economic strain. Inflation has been steadily climbing in recent months with the Reserve Bank of Australia (RBA) yet to take decisive action.

It begs the question: are interest rates enough to control inflation? 

To shed some light on the current state of the economy, we have economist Warren Hogan joining our podcast. In today’s discussion, we cover a range of topics that are currently affecting the economy, such as the impact of the pandemic on the housing market, the rise of the working poor, and the lack of a cohesive approach from our governments. Warren also shares his insights on the effects of the super changes, the potential for a rental crisis, and the importance of understanding the risks associated with easy credit.

Don't miss out on hearing keynote insights from one of Australia’s leading economists and dive in for a detailed exploration into how these issues are impacting us all!

Episode Highlights:

00:00 - Introduction

02:19 - Warren's stance on the Australian economy and how it differs from the consensus

06:35 - The surprising truth about interest rate and property price forecasts in 2022

13:09 - Current state of the Australian housing market and how interest rates are affecting it

16:43 - What’s happening in the Sydney property market?

24:12 - Scenarios and potential outcomes of interest rate changes on the Australian economy

27:37 -What happens to the interest rates when inflation becomes entrenched in the economy?

32:13 - How is the Australian economy faring amid the pandemic?

39:37 - The cause of the housing shortfall in Australia and how it's impacting the economy

43:42 - What is causing the wage stagnation in the labor market?

48:31 - Factors to consider when buying a home as a long-term asset

About Our Guest:

Warren Hogan is a renowned Australian economist, macroeconomic policy expert, and a top-notch analyst of global markets. He advises political leaders, businesses, and money managers through his consulting company, EQ Economics. Warren has had an illustrious career in banking and financial markets where he served as an economist and financial market strategist at various firms, including ANZ bank, Credit Suisse, and Westpac Banking Corporation. With a focus on forecasting and prediction, Warren values critical thinking and plain speaking in his approach to economic problem-solving. He engages with the SME sector to gain perspective on what's happening now and what could happen next in the Australian economy. Currently, Warren is producing analysis and forecasts for Australia's residential property markets through HALO Technologies — an Australian listed equities analytics and execution platform.

Connect with Warren Hogan:

Resources:

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Chris Batesde-index