Multiple sale signs outside an apartment block in Canberra - AAP/Lukas Coch Source: AAP / LUKAS COCH/AAPIMAGE
In this episode of SBS On the Money, Ricardo Gonçalves speaks with Matt Hassan, Senior Economist at Westpac, about how Australia’s residential property wealth has fallen for the first time in four years, and what it means for homeowners, spending and interest rates. The Australian sharemarket also hits a six-week low, with Stuart Roberts from Stocks Down Under unpacking the market moves, while a weaker French wine harvest could soon mean higher prices for champagne as wine economist Kym Anderson tells Tom Kennedy.
In this episode of SBS On the Money, Ricardo Gonçalves speaks with Matt Hassan, Senior Economist at Westpac, about how Australia’s residential property wealth has fallen for the first time in four years, and what it means for homeowners, spending and interest rates. The Australian sharemarket also hits a six-week low, with Stuart Roberts from Stocks Down Under unpacking the market moves, while a weaker French wine harvest could soon mean higher prices for champagne as wine economist Kym Anderson tells Tom Kennedy.
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