6.25 RBA To Government: I'm Going To Crash This Thing! | Nucleus Investment Insights
We have seen a raft of comments and discussions from the governor of the reserve bank of Australia. The message has been disjointed. What has come through, whether he realises it or not, is the fundamental disconnect between government policy and central bank policy. On one hand, Australia is being flooded with record levels of new immigrants, putting upward pressure on rents and services. Supply in that area is not elastic. New houses and infrastructure take years to build.
\n\nIf we are relying on rising interest rates to crush demand so that "We need more people to live in each dwelling" then we need a recession.\n\nJoin us for a riveting discussion in this investment podcast as Nucleus Wealth Chief Investment Officer Damien Klassen, Chief Economist Leith van Onselen and Senior Financial Adviser Samuel Kerr delve deeply into the matter at hand. \n\n
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\nNucleus Wealth is an Australian Investment & Superannuation manager that can help you reach your financial goals through transparent, low-cost, ethically tailored portfolios. To find out more head to\xa0Nucleus Wealth Website.
\nThe information on this podcast contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management. Nucleus Wealth is a business name of Nucleus Wealth Management Pty Ltd (ABN 54 614 386 266 ) and is a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796