Anthony Landahl
๐ค SpeakerAppearances Over Time
Podcast Appearances
I've been in Melbourne, I've been in Brisbane.
I'm up on the Northern Beaches area at the moment.
So, yeah, it'll be nice to get home for the weekend and take it easy.
Yeah, good morning.
Fantastic to be here.
And your little summary of the domain housing report was really spot on.
I mean, 49% of your income is essentially half of what you're earning.
The rule of thumb used to be around about 30%.
That's where units are sitting now.
But again, units are just about out of
The market for a lot of home buyers now with the median unit price in Sydney, for example, around about $900,000.
So it's tough stuff out there trying to get onto the property market.
Yeah, look, inflation numbers came out this week for January and the headline number stayed at 3.8%.
The trim mean went up to 3.4%.
Both those numbers sit well outside the RBA's target range of 2% to 3%.
This just brings more talk around a potential rate rise.
I think we'll wait for the March quarterly data before the RBA pulls the trigger.
So it might be we're looking at a rate rise in May at their meeting then.
I think it's probably to the point we started with all about affordability.
The affordability pressures are driving people to those commutable areas, the regional areas people are now able to work from and come back to the city maybe two or three days a week.