Data dump this week

Slower economy, dwelling shortage

There's a lot of information due out on the Aussie economy this week, including the National Accounts.

The figures will likely show a sluggish economy, with policy having slowed activity.

In other news, CBA showed how an extreme shortage of supply has pushed up housing prices.

Normally the 30 per cent drop in borrowing capacity would have resulted in falling home prices, but it hasn't happened due to the extreme shortages of dwelling supply versus immigration.

Luci Ellis of Westpac wrote an interesting note, pointing out that we're still waiting for the dust to settle post-pandemic.

We shouldn't necessarily expect things to go back to how they were in 2019, with some shifts in activity which may not return to historical norms. 

Certain changes in technology and living preferences may remain permanently. 

---

P.S. Whenever you’re ready…here are 5 ways I can help you manage your own money and go next level wealth:

1. Boom or Bust – 20 minute online workshop for investors

Register for my next free online training - Boom or Bust? How to change your investment plan - book in here

You also download a free copy of my e-book The Only 6 Ways to Become Wealthy here.

    2. Download our property buying guide

Download our free property buying guide here. 

You can also check out a few of our recent property investment purchases here. 

Get in contact with us today if strategic property investment is your thing. 

    3. Subscribe to our Top 10 Podcasts for Investors

Listen in to our podcasts

The Australian Property Podcast is one of Australia's biggest business podcasts.

And our enormously popular Low Rates High Returns Show also remains available on Spotify.

    4. Subscribe for my free daily blog

Subscribe for my free daily blog with well over 3.5 million hits here. 

You can also catch up with me daily on Twitter here, where I'm active daily and have over 13,800 followers. 

By the way, I'm a 7-times published author on finance and investing, so you can check out some of my books here. 

    5. Work with me privately

For a limited time you can book in a free diagnosis call with me here, so book in a call today.