The SMSF Bombshell Nobody Saw Coming | Australia's Economy Explained

In this episode of The View, John Abernethy, Michael Baragwanath and Paul Zwi unpack the latest CPI figures, unemployment data, the Reserve Bank outlook and why rising business costs could keep inflation elevated despite easing oil prices. The discussion also explores the growing volatility surrounding AI stocks, concerns developing in US private credit markets, Australia's housing slowdown, bond markets, commercial property, and the potential impact of recent superannuation policy changes. Topics Covered • Latest Australian inflation (CPI) data • Will the RBA raise interest rates? • Cost-of-living vs inflation • Australian unemployment and labour market trends • AI valuations and market volatility • Private credit risks in the US and Australia • Housing approvals and property outlook • Bond markets and REIT opportunities • SMSF borrowing changes explained 00:00 Introduction 00:24 Australia's latest inflation data 02:23 Will the RBA make a policy mistake? 04:04 Strong jobs figures explained 07:09 Is the AI boom becoming a bubble? 10:00 Private credit risks emerging 15:20 Housing slowdown & construction 16:16 REITs, bonds & investment opportunities 19:58 SMSF borrowing rule changes 23:05 Final thoughts