Anthony McDonald
speaker
1,222 appearances
5 recordings
2 series
first heard Apr 2026
last heard 3 Jul
Anthony McDonald’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 5 in all, peaking in Jun 2026 with 3.
Appearances
All right, James, the end of the financial year is a good moment to look back at what's happened in all sorts of asset classes, and none matters more in Australia than housing.
The latest numbers tell us a pretty mixed picture.
The national median house price rose 7.3% in the year to June 30 to $978,000.
But in the last three months, prices have fallen 0.7% and in Sydney and Melbourne, they are down 3.2% and 2.6% respectively.
They've been smoked.
James, we talked in the last few weeks about the fact a housing correction is underway thanks to the rises in interest rates we've had and the tax changes the government announced in the budget.
So these numbers do not come as a surprise.
But they come after five years of phenomenal growth.
This week you wrote that the end of the housing market Ponzi scheme could create some surprises for Australians.
What did you mean by that?
Oh, isn't it what?
We have two speeds here, James.
It's amazing.
Sydney, Melbourne, Canberra going backwards and enough population in those cities, Sydney and Melbourne in particular, to bring the overall numbers down.
But the other markets are strong.
Just in the month of June, this is the worst month for Sydney and Melbourne.
Up 1.3% in Brisbane, up 0.7% in Perth, up 0.6% in Hobart, 1.4% in Darwin.
Even on the June quarter basis, all markets were up except for Melbourne, Sydney, and Canberra.
On an annual basis, and remember it was pretty hot last year before the rate rises came into the agenda.
Yeah.
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