Australia sleepwalks into crisis (Leithvo)

This week's Macro and the Mortgage podcast with Catherine Cashmore discussed the ramifications of this week's interest rate hike from the RBA, why the RBA could begin slashing rates late this year amid an energy-driven recession, why Australia is especially exposed to the energy shock, the latest migration surge and what it means for the rental market, and the contrast with Canada.

Time Stamps:
0:00 Introduction
5:30 Interest rate shock and repeat of GFC
10:58 Australia dangerously exposed to energy shock
34:33 Immigration rebounds, worsening rental crisis
43:52 Negative Canadian immigration solves rental crisis
1:05:09 Outro



[Posted at the SpookyWeather2 blog, March 22, 2026.]