Looking ‘beyond the punt’
With Tim Woods of IndustryEdge, November 2023
How the housing market is changing and why those changes are a better bet than a day at the races
As you read this edition of Trussted Insight, the Spring Racing Carnival will have finished for 2023, with this text being written on Melbourne Cup Day. More importantly for the future shape of the economy and the housing market, in particular, today is ‘interest rate decision day’.
My bet, for what it is worth, is that later today, the RBA will increase the interest rate by 0.25% to 4.35%. By the time you read this, you will know if that’s the case and that will inform your thinking.
There is one key question in the Australian economy right now.