Lockdowns and economic uncertainty stemming from Covid resulted in predictions of falls of up to 30% in the Australian residential property market. Fears for office property were much, much worse, with only 10% of office workers returning to Melbourne’s CBD late this year. As the year ends, however, forecasts are looking much more positive.

nab’s Chief Economist Alan Oster talks about his forecasts and:

• Why house prices are looking much more positive for 2021

Apologies for the reduced audio quality of this recording – remote working is sometimes dependent on less than ideal recording scenarios.

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.