Carrington Clarke

That's right.

Investing in renewables.

And you can read Ian's article on the ABC website.

That's it for today's episode of ABC Business Daily.

But before we go, a quick note.

Australia's Fair Work Commission has announced that the minimum wage will increase from July the 1st of this year.

Now, this decision is part of the...

FWC's annual wage review.

And we'll be back with another episode tomorrow to dig into what it means for workers and the economy across Australia.

Make sure you're following us on ABC Listen or wherever you get your podcasts.

And if you'd like to send in a question, you can email abcbusinessdaily at abc.net.au for me, for Ian, or for any of the other co-hosts on our program.

Catch you next time, Ian.

See ya.

I tried to get in contact multiple times.

Look, we hooned around a bit, Carrington, but I think Dan and I managed to avoid the bingles and bashes, maybe the odd scratch or two.

Yeah, that's definitely true.

I mean, I think the fair thing to say is that the property market momentum had shifted well before even the leaks about capital gains tax and negative gearing started coming out in the lead up to the budget.

Basically, as soon as the Reserve Bank started talking about raising rates towards the end of last year and then actually did it in February, that was a hammer blow to the momentum, which until then, you know, second half of last year had been red hot in the property market.

I mean, the price gains were, you know,

again, almost out of this world and running well ahead of inflation and wages and all these things.