Economic Forecast July, 2018

Thursday 09 Aug 2018

Three Takeaways.


1.  World debt has doubled in the last decade. Therefore a low interest rate environment for our future.

 

2. Baby boomers stop paying taxes  and begin receiving welfare.

Australia needs skilled migrants.

 

3. While the Australian dollar is around 75c from a world perspective the world is receivig a 25% off sale when looking at Australia.

We will need many more homes to accommodate a surging population.

 

Source: REIV Economics Forecast presenter

 

Tony Crabb

National Director, Research,

Cashman Wakefield