Christopher Joye joins Peter Switzer for a feature-length interview to explain why he believes Australia could be on the verge of record house price falls. From the RBA’s next moves to the Federal Budget and immigration, he outlines the forces he says are reshaping Australia’s housing market.
In this interview:
- Housing: why Joye says prices are already falling at up to 14 per cent a year in Sydney, and how the Budget’s negative-gearing changes act like extra rate hikes.
- Interest rates: his call that the RBA is not done, and needs to push the cash rate to 4.75 to 5 per cent.
- The Federal Budget shift: how the negative-gearing change could rewire the way Australians invest in property.
- The banks: why he says CBA and the Aussie banks look overvalued, using one simple valuation test.
- The US and the Aussie dollar: why he is bullish on America, bearish on the Australian dollar, and backing “re-dollarisation”.
- AI: his contrarian case that AI is inflationary, not deflationary.
- The big picture: his warning on government spending, immigration and productivity, and why he thinks it ends in recession.
The Switzer Show is live with a new episode every Monday night at 7pm, and we’ll regularly bring you featured interviews like this during the week. You can subscribe via YouTube, Spotify or Apple Podcasts
House price falls ?
At last some good news !
I have sold my bank shares some time ago. Banks will be under much pressure. I am already seeing it in my current audit contract
Well done Albanese and chalmers – whilst your naivety in focussing on one sector (1st home owners), fall in house prices will have a major impact on bank shares/ financial stability of the country, banks locking future lending potential and small businesses being able draw on their equity for WC purposes
It just highlights the issue behind all this and the sad fact is Labor actually believe they are doing a great job
Just wait and see this all play out!!!