October 2019 - Bongiorno Financial Update

What's in this issue?

• The Australian housing market remains far more complicated than optimists & doomsters portray it to be.

• Yes, it’s expensive and heavily indebted but talk of mortgage stress is overstated & it’s been undersupplied

• The combination of rate cuts, the election and a modest regulatory relaxation have helped turn property prices back up, but the upswing is likely to be constrained.

Kind regards,

ANTOINETTE BONGIORNO
LL.B. B.Com. CFP DipFP A.S.A. Cert IV. FMB.

Level 2
431 St Kilda Road
Melbourne VIC 3004
ph) 03 9863 3316
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Australian Financial Services Licence No 238977