"Panic in the marketplace" Mark Bouris & Stephen Koukoulas Monthly Update

Prosperity for all Australians is part of the RBA charter , how are monstrous house prices a benefit to all Australians ? How are ridiculously high rents a benefit to Australians ?

The RBA's biggest ever mistake in its history was to drop rates to 0.1%. That caused a massive increase in housing prices and a big spike in inflation. We should never have gone below 2%, because a jump from 2% to 4% is a lot smaller than a jump we've just had recently ....

People are struggling because of the compounding effect of inflation over the last few years. Not because of interest rates., though for some maybe. You're talking about 4% inflation on top of about 20% over the last 4 years. People with mortgages have seen that rise in their asset values which they can then cash in for equity to continue to spend, despite mortgage rates. Yet you complain that .25% on top of 4% in interest rates will be the straw that breaks the camels back. You only ever look at what you're interested in.

For decades, higher interest rates from savings were considered good as it helped those who wanted to save. Now, this channel included, rate CUTS are advertised as a mechanism to help everyday Joe while in fact it will only help the rich to get more debt that the poor will be forced to pay for.

The "Easing" and "Tightening columns should be changed to 'Increasing" and 'Decreasing". Easing and Tightening definitions are context specific and not universal against the economic factors listed in the table

The current inflation rate is about 50% above the RBA target rate of 2.5% .

You need to be earning a combined income of 300 k to be living a good life now in Australia

It is people like these podcasters that Australia is in so much economic trouble. Interest rates need to continue to go up in order to save the economy.

Speaking of insurance, my home and contents has risen to a point where I just cannot justify or make sense of, other than pure greed. $239 per month two years ago to $459 per month….HOW. This is GIO, they have no real justification for it. You must shop around as I did. NRMA quoted me at $260 per month.

Well based on the traffic in Brisbane over the last several days, South East QLD is booming. Up at Noosa on the weekend, things were busy! It's not school holidays and it's winter! And Brisbane house prices are still going up 16% annualized. I suspect we need a rate rise.

There is panic because they realise the rates aren't going back to 0.1 😅

Inflation is 6-8%. Dont know how u can't see that.

Not a bloody mention on immigration.

I watched there video few months ago saying rate hikes won’t go up again 😂 got no idea

THEY obviously dont know that chicken was $9.99 a kilo last year and its now nearly $20.00 %%%%%%%%%

Mark B has long believed that monetary policy should be dedicated at maximizing incomes of housing lenders.

Regardless of all this, Australia's major cities from now on will always stupidly be some of the most expensive places to live in.

I can tell you why interest rates need to go up. House prices are still going up. Simple.

Turkey has an inflation of 67%. We have 3.6% or thereabouts. What planet is the RBA on ?

The other RBA strategy is this... Keep rates higher for longer in comparison to other nations particularly USA to appreciate the AUD and then you import disinflation on consumer goods, agricultural inputs, fuels, etc. The AUD has jumped 3c in a week or two... We need to remember the forex market is many, many times larger than the world's share markets.