Inflation Get’s Worse! | Will The RBA Raise Interest Rates?

Поделиться
HTML-код
  • Опубликовано: 6 ноя 2024
  • HOW CAN I HELP?
    🏠 Book Your FREE Call
    www.searchprop...
    🏠 My Buyer’s Agency
    www.searchprop...
    🏠 Email me 👉 ravi@searchpropertyau.com.au
    As Featured on:
    AFR, Sunrise Show - Channel 7, Channel 7 News, Business News Australia
    “REB’s Best Buyer’s Agency 2024 - Finalist”
    “REB’s Best Buyer’s Agency 2023 - Finalist”
    “REB’s Rising Star 2023 - Finalist”
    “Australian Financial Review’s Fast Starters 2023 - Top 100”
    “Young Entrepreneur Awards 2023 - Finalist”
    “Australian Small Business Champions Awards 2023 - Finalist”
    FREE CRYPTO BONUSES
    🇦🇺 CoinSpot - Buy Crypto + get $10 free BTC 👉 bit.ly/Coinspo... (Referral Code) 👉 QFMKHN
    🏠 My Online Course - Step-by-step guide to buying your first property
    www.searchprop...
    ✔️RUclips Collabs/Sponsorships 👉 personalfinancewithravi@gmail.com
    JOIN THE COMMUNITY
    🇦🇺 Join the Private FB group (FREE) 👉 / 361198781729010
    ⏰ MUST WATCH VIDEOS 👇
    👉How To RETIRE EARLY in Australia - • How To RETIRE EARLY in...
    👉How to make $100,000 passive income - • How many PROPERTIES do...
    👉My Multi-Million Dollar Portfolio Revealed - • My Multi-Million Dolla...
    👉 How much passive income I make? - • Passive Income Austral...
    DISCLAIMER No Legal, Financial and Taxation advice
    The Listener acknowledges, consents and agrees that:
    • The Listener’s access to and viewing of the content presented on the Channel is subject to this
    Disclaimer and you agree to be unconditionally bound by this Disclaimer.
    • Any information provided by us is conveyed as general information and for general information,
    educational or other non-advice related purposes only.
    • We have not taken the Listeners’ personal and financial circumstances into account when providing
    information.
    • We must not and have not provided legal, financial, investment and/ or taxation advice,
    recommendation, or guidance to the Listener.
    • The information provided by us must be verified by the Listener or an independent professional
    advisor including a legal, financial, taxation, accounting or other relevant advisor prior to the Listener
    acting or relying on the information.
    • The information may not be suitable or applicable to the Listener’s individual circumstances, needs,
    objectives or financial situation.
    • All information and content provided by us is given in good faith and has been derived from sources
    believed to be accurate. However, the information is selective and may not be verified by us.
    Information provided by us on this Channel may not be complete or accurate for your purposes and
    we make no representation or warranty of any kind as to the accuracy or completeness of the
    information provided. It is general information only and should not be relied upon for any purpose.
    • We do not give any warranty of reliability or accuracy nor do we accept any responsibility arising in
    any other way including by reason of negligence for, errors in, or omissions from, the information on
    this Channel (whether under law, contracts, or torts) and we do not accept any liability for any
    expenses, losses or damages, however caused, directly and/ or indirectly as a result of any person
    relying on any information on this Channel or being unable to access this Channel. You expressly
    agree that your browsing of this Channel is entirely at your own risk.
    • We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations
    Act 2001 (Cth) and we are not authorised to provide financial services to the Listener, and we have
    not provided financial services to the Listener.
    • You agree that Australian Law will govern this Disclaimer and the Channel. Any dispute arising out of, or in connection with the Channel will be subject to the exclusive jurisdiction and venue of the
    federal and state courts within Australia.
    passive income from property
    Australian property investing
    Australian property market update
    interest rate changes
    cashflow positive properties Australia

Комментарии • 42

  • @sunseeker7099
    @sunseeker7099 4 месяца назад +2

    I ignored the RBA's diatribe and fixed my rates at 2.7% for 5 years in mid 2021.
    All levels of Government...including the RBA...are inefficient.

  • @va9790
    @va9790 4 месяца назад +1

    @Ravi I like the way you present information using various data sources in easy to understand and fun way... lot of hard work goes into it and appreciate your efforts. No one can predict the things but it is important to keep up to date with things.

  • @adamduffy2171
    @adamduffy2171 4 месяца назад +14

    Ravi predicted rate cuts over a year ago now. Way way off the mark brother 😅

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  4 месяца назад +1

      I know right. Predictions are hard and it’s why I along with people waaaay smarter than me that get it wrong.

    • @javiera4148
      @javiera4148 4 месяца назад

      As long as ukraine and israeli wars persist under liberal leadership in the US - my bets are inflation remains high and interest rates on hold or rises. ​@@PersonalFinancewithRaviSharma

    • @adamduffy2171
      @adamduffy2171 4 месяца назад +4

      @@PersonalFinancewithRaviSharma your predictions were well Before any of the other economists or banks. Just know that you are influencing people to buy. It’s bold to be calling that stuff and really lose Credibility when it’s so far off. None of the economists or Banks were predicting rate cuts that early.

    • @parkerbohnn
      @parkerbohnn 4 месяца назад +1

      I love higher interest rates.

    • @adamduffy2171
      @adamduffy2171 4 месяца назад

      @@parkerbohnn thanks for your input :-) (Y)

  • @LaLaLa130878
    @LaLaLa130878 4 месяца назад +3

    I am seeing more petty thefts in the supermarkets, but they look like parents or singles that struggle to afford basics like bread and milk.

  • @reelchess
    @reelchess 4 месяца назад

    Hi Ravi,
    I enjoyed your recent video on interest rates and the housing market. Given your insights on the persistent inflation and potential rate hikes, I wanted to ask about Peter Schiff's view that continued money printing in the U.S. could lead to hyperinflation. If this scenario unfolds, do you think Australia could face similar inflationary pressures?
    With our current high interest rates, do you still believe it's wise to buy a house? You mentioned that high rates discourage home construction and increase rental demand, driving up costs. How do you see this impacting Australia's safety and crime rates if inflation remains high?
    Lastly, do you think inflation can be effectively fought? Based on the data you've analyzed, what supports your stance on this?
    Thanks for your honest insights,
    Rayman

  • @jonahcopland4624
    @jonahcopland4624 4 месяца назад +5

    Warren hogan looking really smart right about now…..

  • @johncat9261
    @johncat9261 4 месяца назад +7

    I think we need to understand the underlying issue of the global economy. Rate cuts or hikes do not control inflation as the central banks money printing and government spending are out of control . We have a broken fiat currency controlled by particulars. And only benefit a few . What something is worth doesn't represent true value .

    • @javiera4148
      @javiera4148 4 месяца назад

      Correct - also involvement in wars needs to be considered.

  • @pauln2716
    @pauln2716 4 месяца назад

    Question: why do you have an apostrophe in the word "gets"?

  • @DanielWalter-ff5jx
    @DanielWalter-ff5jx 4 месяца назад

    Real productivity should increase as everyone works harder to pay for their higher mortgages and rents.
    Government will love the extra tax revenue as incomes grow and people pay higher costs, even with the tax cuts, GST is still 10%.
    High interest rates and taxes are good because they make people broke and drive productivity which is what we all really need for the world to function.
    Unpopular view I’m sure, but
    If we all have millions, very few will want to do anything and very little will get done,
    We need people to be money hungry for the economy to be productive.
    Taxes and interest rates drain money from the economy so most people remain motivated to work to pay their bills essentially.
    Big mortgages are great to keep people working which is what really matters in any economy.

  • @farhadhabibullah548
    @farhadhabibullah548 4 месяца назад

    I got approval for a one-million-dollar loan last month, but I can't find a suitable home here in Adelaide, it's way too expensive. Should I wait a few months and hope that prices will come down a bit, or should I buy as soon as possible? It's my first home.

    • @edj4240
      @edj4240 4 месяца назад

      rent vest

    • @unclefester5418
      @unclefester5418 4 месяца назад

      I would say that saddling yourself with a $1 million debt is going to have a profound effect on your life and unless you are earning an enormous salary in a secure position you would do better to save your money and live a modest lifestyle rather than live as big as your income will permit. But like most people today you would probably have the need to have it all rather than delay gratification. You could use money you have to invest in your future ( and make a better income ) rather than borrow money to “improve” your lifestyle now

  • @archit08111983
    @archit08111983 4 месяца назад +3

    100% agree on the point of zooming out and focusing on the larger economy. RBA cant be silly enough to just focus on one instrument (Rate hikes) to control the inflation!

  • @mikkocarlos5913
    @mikkocarlos5913 4 месяца назад

    I think there had been a lot of youtube videos, media news, bank predictions that RBA will cut rates. Thats why people got more confidence of spending again. Well that 4% inflation last month is just a month worth of data, but yeah, well , we’ll see.

  • @Strat91
    @Strat91 4 месяца назад +1

    haha remember when you said they would aggressively cut rates lmaoo. Party is over mate. enjoy those interest rate rises. Also stop giving people false information and encouraging them to buy just to benefit your own portfolios and business.

  • @lorgerdat
    @lorgerdat 4 месяца назад +4

    Working my ass off to pay off my mortgage asap.

    • @user-jimmyjimsta
      @user-jimmyjimsta 4 месяца назад +2

      Yes but you only live once go out enjoy travel as much as possible and enjoy memories not just work coz you won’t take house to the grave with you memories fun memories are far better your only working the system go enjoy life more

    • @parkerbohnn
      @parkerbohnn 4 месяца назад

      Next time pay cash.

  • @WishBlessing
    @WishBlessing 4 месяца назад +1

    Thanks!

  • @mrpokedragon511
    @mrpokedragon511 4 месяца назад +4

    Problem with raising rates is it only fuels rent hikes which in part rises inflation. We need fiscal policy not more monetary

  • @Carnivoreparamedic
    @Carnivoreparamedic 4 месяца назад +1

    Raise the GST

  • @jamesm6341
    @jamesm6341 4 месяца назад +2

    It’s over mate

    • @PersonalFinancewithRaviSharma
      @PersonalFinancewithRaviSharma  4 месяца назад +3

      Pack it up, it’s game over. This is the end game now 🙃

    • @jamesm6341
      @jamesm6341 4 месяца назад

      @@PersonalFinancewithRaviSharma it was jk, love your work keep it up.

  • @amraceway
    @amraceway 4 месяца назад +2

    Despite the rhetoric the government can direct the Reserve Bank to alter interest rates. They would be wise to direct the Reserve Bank to reduce the interest rates by the smallest possible margin, i.e. 25 basis points and keep them on hold for 12 months. This would give both a small amount of relief and some future certainty to stressed mortgage holders. It should not effect inflation which is more the result of corporations price gouging using supply chain issues as an excuse.The nexus between government and the large corporations that feed off government contracts is also a major cause of inflation as government expenditure is skyrocketing due to outsourcing costs which push up government charges while reducing services. The present Federal Government also wants to push a bill through parliament to remove the power of the government over the Reserve Bank to supposedly make it independent which is a joke as the Reserve Bank represents the four foreign owned major banks that control the Australian banking system.The Federal Government is democratically elected while the Reserve Bank Board is not.

  • @2mallikharjuna
    @2mallikharjuna 4 месяца назад +1

    RBA should hold the interest rate rather than raising because raise will not control oil prices for sure, but it increases rental prices again (following the same cycle)

  • @PeloresanterOctagenarima
    @PeloresanterOctagenarima 4 месяца назад

    I have new ring melody on my phone!

  • @stockholmsyndromeau
    @stockholmsyndromeau 4 месяца назад

    Volg feels super fake n contrived just stick to what your good at!

  • @vikasinghx
    @vikasinghx 4 месяца назад

    Hello Hello you don't upload vlogs or whatever you travel so will you please upload your wedding vlog, it's my personal request