Episode Details

In this Australian Property Podcast episode, your hosts Pete Wragent from Allen Wargent Property Buyers and Chris Bates from Alcove discuss the Reserve Bank cutting interest rates for the first time in this cycle, and what it means for the property market ahead. 

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Topics covered today:

1. RBA makes its first move for 2025
2. Average loan size hits a record high
3. Foreign buyer ban for two years put in place 

Resources for this episode

• RBA makes its first move for 2025
• Average loan size hits record high
• Ban on foreign buyers buying established homes for 2 years
• Labor matches Coalition policy banning foreign investors from buying existing homes
• Labor to replicate Coalition’s policy on banning foreign buyers

Other news of interest:

• Sydney auctions picking up
• He achieved the Australian Dream then he found something better
• Housing construction productivity – how can we fix it?
• Some brighter news on the housing supply front
• NZ citizens leaving NZ for the past two years – over half are coming to Aus for better employment options
• Westpac reduces variable rate to 6.44%
• Wages growth disappoints lower again
• Tide is turning against working from home

Rask Resources

Pete's Buyers Agency: https://www.allenwargent.com.au

Alcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking 

Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au 

All services: https://