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Why the next two months are the most important period in Australia's recent economic history: Warren Hogan
This week we had on a friend of the podcast, Warren Hogan. He's the chief economic adviser at Judo Bank, and we chatted about the reasons behind the scenes that the likes of CBA and Westpac have been able to slash mortgage rates. Perhaps more interesting was CBA, which cut variable rates for new customers in a re-entry into the mortgage wars.
All this feeds into the next two months, and how governments and the RBA will react to economic data (read: inflation) coming out.
00:00-00:36 - Intro
00:36-03:56 - How CBA is cutting variable rates now
03:56-07:26 - How bond rates affect everything
07:26-09:44 - Battling the inflation fight
09:44-14:05 - How the RBA is being diplomatic about governments' spending problems
14:05-15:02 - Outro
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By Savings.com.auThis week we had on a friend of the podcast, Warren Hogan. He's the chief economic adviser at Judo Bank, and we chatted about the reasons behind the scenes that the likes of CBA and Westpac have been able to slash mortgage rates. Perhaps more interesting was CBA, which cut variable rates for new customers in a re-entry into the mortgage wars.
All this feeds into the next two months, and how governments and the RBA will react to economic data (read: inflation) coming out.
00:00-00:36 - Intro
00:36-03:56 - How CBA is cutting variable rates now
03:56-07:26 - How bond rates affect everything
07:26-09:44 - Battling the inflation fight
09:44-14:05 - How the RBA is being diplomatic about governments' spending problems
14:05-15:02 - Outro