The Rules of Investing: A housing correction, or a crash?
In the first podcast for 2018, Livewire Editor, Patrick Poke, sits down with Dr Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital. The topic at hand is Australia: the share market, the economy, wages, and of course, house prices. They discuss UBS's report late last year that "Australia's 55-year housing boom has come to an end." Is this hyperbole, or is there a nugget of truth? Oliver says that while a crash is oversold, he expects to see a fall of 5-10% in capital city house prices. So, tune in here for the first episode of Livewire’s Rules of Investing for 2018.