Interest rates have been rising every month since early this year…

To make matters worse, inflation is also yet to be under control.

How vulnerable are homeowners and investors in a high inflationary environment and what do we need to be most worried about?

Senior Economist at the Commonwealth Bank Belinda Allen joins us today to talk about Australia’s current economic landscape… How can we measure the impact of rising interest rates on household spending, mortgage arrears and the erosion of our buffers?

We discuss the lag effect of interest rate rises, household spending intentions, inflationary pressures and more!

If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!

See you in the episode!



Episode Highlights:
Belinda Allen’s overall observation on 2022 [01:44]
The fundamental drivers of inflation [07:04]
Limiting household spending to maintain buffers [11:53]
Wage growth in Australia [21:30]
How immigration impacts population growth [24:40]
Global inflation and the volatility of financial markets [27:22]
Economic growth’s effect on climate change [31:52]
Banks’ responses to problem hotspots [38:39]
Higher retail spending during Christmas [48:04]
Why forecasting during COVID was difficult [49:19]
The biggest challenge is getting the pricing right [56:12]



About our Guest:

Belinda Allen is a Senior Economist at the Commonwealth Bank.  She has extensive experience as a financial markets economist. Belinda joined the Commonwealth Bank in 2017.  Her work primarily involves developing and communicating views on the Australian and international economies. 



Connect with Us:
Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
Work with Veronica: https://linktr.ee/veronicamorgan
Looking for a Mortgage Broker? www.wealthful.com.au
Work with Chris: hello@wealthful.com.au
Send in your questions to: questions@theelephantintheroom.com.au



Find this episode on our website:

https://www.theelephantintheroom.com.au/podcasts/257



If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!

Interest rates have been rising every month since early this year…
To make matters worse, inflation is also yet to be under control.
How vulnerable are homeowners and investors in a high inflationary environment and what do we need to be most worried about?
Senior Economist at the Commonwealth Bank Belinda Allen joins us today to talk about Australia’s current economic landscape… How can we measure the impact of rising interest rates on household spending, mortgage arrears and the erosion of our buffers?
We discuss the lag effect of interest rate rises, household spending intentions, inflationary pressures and more!
If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!
See you in the episode!
 
Episode Highlights:
<ol>
<li aria-level="1">Belinda Allen’s overall observation on 2022 [01:44]</li>
<li aria-level="1">The fundamental drivers of inflation [07:04]</li>
<li aria-level="1">Limiting household spending to maintain buffers [11:53]</li>
<li aria-level="1">Wage growth in Australia [21:30]</li>
<li aria-level="1">How immigration impacts population growth [24:40]</li>
<li aria-level="1">Global inflation and the volatility of financial markets [27:22]</li>
<li aria-level="1">Economic growth’s effect on climate change [31:52]</li>
<li aria-level="1">Banks’ responses to problem hotspots [38:39]</li>
<li aria-level="1">Higher retail spending during Christmas [48:04]</li>
<li aria-level="1">Why forecasting during COVID was difficult [49:19]</li>
<li aria-level="1">The biggest challenge is getting the pricing right [56:12]</li>
</ol>
 
About our Guest:
Belinda Allen is a Senior Economist at the Commonwealth Bank.  She has extensive experience as a financial markets economist. Belinda joined the Commonwealth Bank in 2017.  Her work primarily involves developing and communicating views on the Australian and international economies. 
 
Connect with Us:
<ul>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="https://linktr.ee/veronicamorgan">https://linktr.ee/veronicamorgan</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/">www.wealthful.com.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@wealthful.com.au">hello@wealthful.com.au</a> </li>
<li aria-level="1">Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a> </li>
</ul>
 
Find this episode on our website:
<a href="https://www.theelephantintheroom.com.au/podcasts/257">https://www.theelephantintheroom.com.au/podcasts/257</a>
 
If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!

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

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