Craig (Host)
speaker
2,633 appearances
53 recordings
1 series
first heard Oct 2021
last heard 16 Jan
Craig (Host)’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.
Appearances
Brisbane, a sunny Tuesday with 21.
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And in Perth, expecting the rain to continue and your high of 14 degrees.
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Well, last week, you might remember we talked about PropTrak's modelling showing the worst is yet to come with property prices likely to fall a further 3% to 6% this year.
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before tumbling another 9% to 12% by December 2023.
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We also talked about the possibility of a 20% fall in Sydney.
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Since then, though, so much has happened.
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So let's bring in this morning Martin North from Digital Finance Analytics.
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And a very good morning to you, Martin.
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Great to have you on The Breakfast Podcast.
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So the property market has been running at different speeds around the country but as the rate hikes are implemented so too are these areas like say Brisbane now starting to fall back into the fold and coming off its own speed to be more in step I guess with a Melbourne or a Sydney.
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Now, the new homeowners, especially first home buyers, the RBA is about halfway through its exercise of raising the cash rate.
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And if it continues at the current rate of increases, defaults are going to start to creep in.
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What's the geographical look around the country as far as that whole default?
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And I guess it's in the interest, isn't it, in terms of the bank to talk to a customer who might be in that real negative space and they can see what's going to happen.
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If they're sort of nudging them, well, perhaps you should sell.
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Obviously, it's good for both parties, but the bank certainly has an interest there.
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And Martin, if we went into a recession, normally you wouldn't go there with low employment or where people are still spending.
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So if we therefore did go into a recession, just how unusual would that be?
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All right, and let's have a look at the fixed rates.
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This is a big talking point.
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Showing 781–800 of 2,633 · page 40 of 132
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