In another Coronavirus special episode we are honoured to have arguably the most well known economist in Australia, Dr. Shane Oliver. Shane is the Head of Investment Strategy and Economics and Chief Economist at AMP Capital. Shane breaks down the current economic climate, locally and globally, showcasing the various economic indicators revealing the direction we are all heading towards.

Here’s what we covered:
Major differences between recession and a depression
Is the world economy heading towards a depression?
How will the stimulus package work?
Was the USA too late to act in shutting down?
Where will the government find the money for the stimulus package
Where will the world be when the dust settles
Has Australia done enough to flatten the curve?
How high will unemployment climb?
Recognising the opportunity?
Which industry is at the most risk?
What economic indicators should we look towards

MENTIONED EPISODES:Episode 115 | Eliza OwenEpisode 114 | Fool or Forecaster 2020Episode 112 | First Covid-19 update

Shane Oliver’s Articles:AMP Capital: Is Coronavirus driving a recession, depression or an economic hit like no other AMP Capital: The Threat to Australia house prices from Coronavirus Business Insider Australia: The 9 bad habits of highly ineffective investors 

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au 

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au

Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:www.getauctionready.com.auUse the coupon ELEPHANT for your 30% listener discount.

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded on 2 April, 2020.

https://www.theelephantintheroom.com.au/podcasts/117

In another Coronavirus special episode we are honoured to have arguably the most well known economist in Australia, Dr. Shane Oliver. Shane is the Head of Investment Strategy and Economics and Chief Economist at AMP Capital. Shane breaks down the current economic climate, locally and globally, showcasing the various economic indicators revealing the direction we are all heading towards. Here’s what we covered: <ul> <li style="font-weight: 400;">Major differences between recession and a depression</li> <li style="font-weight: 400;">Is the world economy heading towards a depression?</li> <li style="font-weight: 400;">How will the stimulus package work?</li> <li style="font-weight: 400;">Was the USA too late to act in shutting down?</li> <li style="font-weight: 400;">Where will the government find the money for the stimulus package</li> <li style="font-weight: 400;">Where will the world be when the dust settles</li> <li style="font-weight: 400;">Has Australia done enough to flatten the curve?</li> <li style="font-weight: 400;">How high will unemployment climb?</li> <li style="font-weight: 400;">Recognising the opportunity?</li> <li style="font-weight: 400;">Which industry is at the most risk?</li> <li style="font-weight: 400;">What economic indicators should we look towards</li> </ul> MENTIONED EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/115" target="_blank" rel="noopener">Episode 115 | Eliza Owen</a><a href="https://www.theelephantintheroom.com.au/podcasts/114" target="_blank" rel="noopener">Episode 114 | Fool or Forecaster 2020</a><a href="https://www.theelephantintheroom.com.au/podcasts/112" target="_blank" rel="noopener">Episode 112 | First Covid-19 update</a> Shane Oliver’s Articles:AMP Capital: <a href="https://www.amp.com.au/insights/grow-my-wealth/is-coronavirus-driving-a-recession-depression-or-an-economic-hit" target="_blank" rel="noopener">Is Coronavirus driving a recession, depression or an economic hit like no other</a> AMP Capital: <a href="https://www.ampcapital.com/au/en/insights-hub/articles/2020/march/the-threat-to-australian-house-prices-from-coronavirus" target="_blank" rel="noopener">The Threat to Australia house prices from Coronavirus</a> Business Insider Australia: <a href="https://www.businessinsider.com.au/shane-oliver-the-9-bad-habits-of-highly-ineffective-investors-2016-12" target="_blank" rel="noopener">The 9 bad habits of highly ineffective investors </a> HOST LINKS:Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au" target="_blank" rel="noopener">www.gooddeeds.com.au</a> Work with Veronica: info@gooddeeds.com.au  Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/" target="_blank" rel="noopener">www.wealthful.com.au</a> Work with Chris: <a href="mailto:hello@wealthful.com.au">hello@wealthful.com.au</a> Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless:<a href="http://www.getauctionready.com.au" target="_blank" rel="noopener">www.getauctionready.com.au</a>Use the coupon ELEPHANT for your 30% listener discount. EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded on 2 April, 2020. <a href="https://www.theelephantintheroom.com.au/podcasts/117" target="_blank" rel="noopener">https://www.theelephantintheroom.com.au/podcasts/117</a>

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

The Elephant In The Room Property Podcast | Inside Australian Real Estate

As the Coronavirus delivers more blows economists work around the clock to try to predict and reshape the economy to lessen the damages.

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