Podcast: Aussie recession?
This week on the Michael Yardney podcast we discuss the likelihood or otherwise of an Australian recession in 2020.
At this stage the chances are deemed to be relatively low as rate cuts, personal tax cuts, and the lower Aussie dollar work to rebalance growth in the economy,
But recessions do tend to recur, so it's always worth considering some scenarios.
We concluded the podcast with our outlook for Australian property over the next 5-6 years.
(Spoiler: the outlook is markedly different between established capital city property and new investor stock, such as house and land packages on the city fringe, and those new apartment towers aimed at landlords).
Tune in to listen this week here (or click the image below):
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