Adam and Thomas discuss the final show of 2024, focusing on the Reserve Bank of Australia's (RBA) dovish stance on interest rates and the puzzling dynamics of the housing market. They explore how house prices have risen despite a significant drop in the capacity to pay, attributing this anomaly to various economic factors, including interest rates and income changes. The conversation highlights the complexities of economic indicators and the uncertainty surrounding future trends in the housing market. In this episode, the hosts discuss the declining resource revenues in Australia, the rapid rise of driverless cars, and the downturn in luxury whiskey sales. They explore the implications of these trends on the economy, public spending, and consumer behaviour, highlighting the cyclical nature of luxury markets and the increasing acceptance of technology in daily life.
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Comments on the show? Send them to cve@equitymates.com
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In the spirit of reconciliation, Equity Mates Media and the hosts of Comedian V Economist acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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