What do you get when you throw a 32-year-fixed-income veteran into the room with a 32-year-old fixed income millennial? The Rate Debate. Darren Langer and Chris Rands are seasoned fixed income specialists with a deep passion for bond markets and an opinion on just about everything. And while they may sit facing each other at work, they don’t always see eye-to-eye. Tune-in each month to hear their take on the Reserve Bank of Australia’s interest rate decision and other macro matters that are influencing markets.
Ep17: Could an increase in interest rates derail the housing market?
The market has seen a small increase in fixed-rate mortgages from some of the banks. Is this the beginning of a tightening cycle and has the Australian consumer seen the last of ultra-low interest rates? In episode 17 of The Rate Debate, Darren Langer and Chris Rands discuss if a potential increase in inflation combined with a rise in interest rates could derail the housing market and the impact on bond yields.
Ep16: Are we heading for a debt trap?
The government's policies have been focused on spending and have encouraged Australians to borrow more, driving strong credit growth. However, the more indebted Australians are, the harder it is for the RBA to increase interest rates. In episode 16 of The Rate Debate, Darren Langer and Chris Rands discuss whether Australia could fall into a potential debt trap of low growth, low-interest rates, and no inflation if the RBA gets it wrong.
Ep15: Is the free ride over?
The RBA’s stimulus policies have boosted the economy post COVID-19 driving increases in house prices, retail sales, and employment but is this a double-edged sword? Darren Langer and Chris Rands discuss the impact of the RBA’s policies on future growth,...
Ep14: What’s driving interest rates higher?
Bonds experienced their fastest sell off since 2009, resulting in the largest one month rise in 10-year yields. Given the economic outlook is looking more positive globally, is the rise justified and where to next for bond yields? Darren Langer and...
Ep13: Could housing be the good news story for 2021?
Everyone loves a good housing story and it’s looking like 2021 could become a best seller. But at what cost? According to the numbers, we’re still in an economic hole, and with immigration down 80% and the government’s income support program about to end, are we setting ourselves up for a down fall? Darren Langer and Chris Rands examine the factors influencing the market and reveal their expectations for house prices.
Ep12: Could house prices top 20% growth in 2021?
If anyone questioned the power of low interest rates to drive house prices in Australia, they only need look back at 2020. Despite COVID-19, the recession, high unemployment and stagnant wages growth, house prices in Australia stood firm. Find out why...