"It was a Disaster" Chris Joye on the Budget, Australia’s Property Correction, Trump & Bitcoin

Chris Joye is one of Australia's sharpest economic minds — a fund manager, AFR columnist, and architect of the indices used to measure Australian house prices. In this conversation, Joye delivers a blunt assessment of where Australia is headed economically. He argues the federal budget was a defining moment that exposed the government's agenda: taxing the private sector to fund an expanding public service. He connects that policy shift to rising inflation, falling house prices, and a growing brain drain that few politicians are willing to confront honestly. Topics covered: • Why the federal budget was a turning point for Australian economic confidence • Sydney and Melbourne house prices falling at double-digit annual rates • The RBA's inflation battle and why interest rates may need to go higher • Australia's national and state debt crisis and what it means for future taxes • The case for cutting the NDIS, selling the NBN, and raising the GST • Why high-net-worth Australians and entrepreneurs are quietly leaving • Trump's economic model and what Australia could learn from US prosperitySee omnystudio.com/listener for privacy information.