There will be a bloodbath in the outer suburbs if businesses don't start to invest. Wage growth is sloppy. Cost of living rising. Household debt booming. Banks have over-capitalised on homes at a time of great uncertainty. Property has been the great saviour thus far, post-mining. We need a new hero.
Q1 accounts due today. Let's see if the banks are vindicated or having a blind stab in the dark.
