Is housing still a good investment?
One of Australia's leading economists, Dr Shane Oliver weighs in.
There is so much uncertainty since the budget, and we’re starting to see and feel the economic fallout.
People are asking whether they should still invest in property? Whether the share market will continue to perform? Or whether they should simply sit on cash and wait for things to settle down.
We’re in a very different investment environment from the one we’ve become used to over the past decade. And so this week, I invited one of Australia’s most respected economists, Dr Shane Oliver, back to Prime Time to help us make sense of it all.
Together, we unpack what the budget changes are already starting to mean for property investors, first home buyers and anyone trying to build wealth for retirement.
We also discuss Australia’s productivity problem, where interest rates are heading, how the share market is likely to respond and why Shane believes it’s important not to lose sight of the long-term picture.
So, whether you’re still building wealth or preparing to retire, this is one of those conversations that helps separate the headlines from what’s actually happening in the economy.
LISTEN TO THIS EPISODE OF THE PODCAST HERE:
Highlights of the conversation:
Has the investment landscape changed? What the budget really means for investors.
What’s happening with property? Why Shane believes prices still have further to fall before the market finds its footing.
Property, shares or cash? Where Shane would be investing in today’s environment.
What young Australians are up against: Shane’s thoughts on first home buyers and building wealth.
What would Shane tell a 60-year-old? How to balance income today with growth for tomorrow.
Has housing really become more affordable? Shane gives his judgement on whether the budget is achieving its goal.
From Bec’s Desk
Hello Primetimers!
This week it’s all about the economy - and what’s really happening in the housing market we’ve long relied on for capital growth. Joining me to unpack it is an economist we’ve followed for decades: Dr Shane Oliver. Great chat — I think you’ll enjoy it. I certainly did.
In other news, it’s been a big week! We’ve launched the earlybird deal on the new Epic Retirement Flagship Course, and bookings have gone a little nuts. Grab a brochure and book your place at epicretirement.net/course-au.
On a personal note, I switched gyms this week. Taking the advice from our recent chat with Van Marinos, I’ve joined a small-group training gym with progressive loading to work on building muscle mass. Bonus: the community is full of people in their Prime Time - exactly my kind of crowd. I’ll report in on my progress - but I’m excited for this different style of training.
Now get on in there and enjoy the economic smarts of Dr Shane Oliver.
Until next week - Make your Prime Time count!
Bec Xx
