Chapter 1: What is the main topic discussed in this episode?
it's the real estate podcast across every state city and town of australia and welcome to another episode of the real estate podcast available on iheart radio every morning and also on spotify and apple and wherever you get your podcast from well the weekend is over yes we are back into another i don't like monday and it is the eighth day of august for 2022
Coming up this morning, we're talking with Warren Hogan about a bunch of things, including is the bank of mum and dad potentially at risk with the current property market?
Chapter 2: What risks does the bank of mum and dad face in the current property market?
And the thing to sort of think about is could mum and dad potentially be exposed in the next six to 12 months? We'll talk about that. We'll also have a look at whether the RBA should pause for a few months and see what develops with the global pressure points internationally.
Chapter 3: Should the RBA consider pausing interest rate hikes?
If you're celebrating your birthday today for the 8th day of August, have a great Monday. You're sharing it with Roger Federer who is turning 40. 41. Is he retired? I don't even know if he has. I think he's still playing tennis. That I don't know. But if he's still playing, 41 is a great age. Turning 68 is Nigel Mansell, the English F1 driver. And turning 85 is Dustin Hoffman this morning.
And it was a pretty bad day for the English cricketers on this day back in 1987 when Pakistan managed to amass 708 runs at the Oval. And you know when something has gone wrong when Ian Botham had the best bowling figures, which were three for 217. Ouch. Coming up in just a moment, we will check on your weather around Australia.
From first home buyers to property investors and everything in between, every morning on the Real Estate Podcast. It's the main centre forecast with propertybuyer.com.au.
All right, let's go around Australia and check in on your weather on this Monday morning. Firstly in Sydney, good morning to you. Expecting a high today of 17 degrees and some rain in the forecast. Melbourne cloudy bits, but the good news is it's going to be dry for your Monday and 14 is your high. Brisbane, ditto on yesterday. It's a sunny day with 21.
And in Perth, the showers are back again today and expecting 18 degrees.
We are just as addicted to property as you are. Every weekday morning from 6.30. It's the Real Estate Podcast across Australia, seven days a week.
So we have had these four rate rises and the RBA is all about signalling their intent to you and I that they are serious about bringing the inflation under control. But you know what? We did get that memo. We got the memo loud and clear, and if COVID hadn't have raised its ugly head upon us, we probably wouldn't be in the mess that we all face right now.
And this, of course, is a global inflationary problem, and the US right now is really starting to hurt. So let's bring in Warren Hogan. He's the economic advisor from Judo Bank and economist. And a very good morning to you, Warren. Welcome to The Real Estate Breakfast. Thanks for having me on. It's a pleasure. Well, firstly, we are not going to be getting any new inflation numbers until October.
You're one person who is saying, hang on just a moment, RBA, cool your jets and pause for potentially a couple of months. Let's see what's going to happen, catch our breath and see what those global factors and where they're going to land into the argument first before any further cash rate hikes.
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