The rapid decline in residential properties available for rent points to a greater proportion of low income Australians becoming homeless
Governments and economists might finally be realising that excessive stimulus creates and exacerbates recessions
With long term bond yields rising, investors are likely to allocate their capital very differently than they did in the last few years
The prospect of a recession normally accompanies a slump in asset prices, but the current starting point and trigger are somewhat different from historical examples
Higher interest rates, dumb politics and euphoric markets are key risks for asset prices in 2022
Rent controls are an example of government intervention in order to fix the problems caused by previous government interventions
The demise of Chinese property developers and the wider impacts are likely to be the credit story of the year
The claim that increasing the minimum wage doesn’t lead to reduced employment goes against the vast majority of studies
This is Narrow Road Capital’s submission to the Federal Government’s inquiry into housing affordability
APRA’s changes to liquidity requirements will improvement bank liquidity but won’t stop the need for government assistance during crises
The Covid border restrictions are an opportunity to reset migration, increase wages and employment, make housing affordable and address productivity problems.
With better incentives and information, Australians would get vaccinated and get back to normal faster.