Craig (Host)

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2,633 appearances 53 recordings 1 series first heard Oct 2021 last heard 16 Jan

Craig (Host)’s voice in public audio — every appearance, attributed to the second.

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Aussie Real Estate Podcast · Inflation - A CRAZY WEEK · 29 Jul 2022 podcast

With what has been a rather hectic and busy week. voice-verified

I think you are an optimist. voice-verified

Absolutely. voice-verified

If you think that there's no cash rate rise coming on Tuesday. voice-verified

But I think you're right. voice-verified

I think that there could be, there's a possibility. voice-verified

I think voice-verified

Without doubt, it's going to be another 50 basis points, but there is a strong possibility that it could be 75, without a doubt in my mind. voice-verified

Yes, good points. voice-verified

And of course, the Treasury has announced that it will be a 32-year high if it hits that 7.75% in December. voice-verified

Aussies have the rising cost of living, as you mentioned, including food, fuel and energy. voice-verified

And interest rate hikes, of course. voice-verified

And the fear that I said the other day is that the Ukraine war is such an unpredictable aspect to this whole inflation crunch at the moment and that Putin has become this global disruptor. voice-verified

Yes. voice-verified

And what are you predicting around the job market, given that jobs now might start to go a little bit negative? voice-verified

Yes, and sticking with the job market, because there is quite positive, there's a lot of positivity in and around it. voice-verified

Households, of course, won't feel any of the benefits of higher wages because inflation is going to cancel that out, which is a real shame because, you know, thinking about those mortgage repayments, I mean, that's when you really need to see that flow on. voice-verified

Well, as I said before, it's been a really hellish, crazy kind of a week. voice-verified

And I will leave it there, Asti. voice-verified

You go away and enjoy your Saturday, enjoy your weekend. voice-verified

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