Chris Joye on RBA Rate Hikes, Housing Falls and Protecting Your Wealth (2026)

Chris Joye of Coolabah Capital on RBA rate hikes, Australian housing, bank stocks, floating-rate income, AI and inflation, and how to protect your wealth when rates stay higher for longer. Presented by GP Wealth | Growth and Preservation. Tailored advice: https://www.gpwealth.com.au General advice only. This does not take into account your objectives, financial situation or needs. Views expressed are those of the speaker. Consider the relevant Product Disclosure Statement before making any investment decision. Past performance is not a reliable indicator of future performance. In this interview Chris Joye discusses why he believes Australia faces a prolonged tightening cycle, what falling property prices could mean for banks and household wealth, and why liquidity, seniority and floating-rate income matter in a higher-rate environment. He also shares his views on AI as an inflationary force, gold, crypto and the US dollar. Key topics Australia’s productivity and public spending Why a second RBA hiking cycle may be harder than the first Housing price falls and the effect on bank stocks Capital preservation: liquidity, floating rate and fixed income The 60/40 portfolio in today’s market AI, inflation and the US economy Gold, crypto and the US dollar Chapters 0:00 Australia’s productivity and public spending 1:45 What is driving inflation 3:26 The RBA, and why the second hiking cycle is harder 4:56 Higher for longer: what it means for portfolios and bank stocks 5:47 Housing price falls across the capital cities 7:49 The wealth effect and housing as a transmission channel 9:49 Unemployment, growth and recession risk 11:56 Tax settings, first-home buyers and negative equity 14:12 Growth and preservation: opportunities in fixed income 15:52 Hyperscaler bonds and new-issue opportunities 17:32 Portfolio construction: liquidity, seniority and duration 19:48 Is the 60/40 portfolio still relevant? 23:09 Index-plus credit solutions 24:39 Inflation hedges: cash, gold and crypto 26:19 The US dollar, the Fed and rate expectations 28:28 US deficits and sovereign debt 30:41 Why the US economy is strong 31:44 AI: inflationary now, complicated later 34:54 Rapid-fire: rates, house prices, gold and Bitcoin 36:16 The biggest economic risk nobody is talking about 38:29 Positioning for the next 12 to 24 months About GP Wealth GP stands for growth and preservation. We build multi-asset, diversified portfolios designed to grow wealth and protect it. Visit https://www.gpwealth.com.au for tailored advice, or follow us on LinkedIn: https://www.linkedin.com/company/gp-wealth... About the speaker Chris Joye is the CIO and co-founder of Coolabah Capital. #ChrisJoye #RBA #WealthManagement