Craig

And I was a bit concerned after we did that, that we'd overpaid, but the house is worth a fair chunk more now than it was in retrospect.

Yeah, this is true.

ANZ is the most recent one to join that group.

So even just a month ago from our panel of economists in our OEA survey, we were looking at a potential cut in November.

That's what most people were pointing to.

That seems to have shifted with most of the big four banks now saying we're not going to get a cut until 2021.

sick.

So we could be looking at static interest rates for the rest of the year.

Interestingly, even though that's the case, Westpac have actually made the move.

And even though they're predicting no cash rate cut, have dropped 10 basis points off their online home loan, bringing it down to 5.24%.

So it'll be interesting to see if the other lenders follow.

So basically, if they give everybody who's getting a new home loan a portion of a cash rate cut, even if the RBA themselves aren't going to do it.

But this kind of stagnant market, I think

level of competitiveness between the lenders to try and grab that kind of borrower attention because there's not a lot happening with interest rates.

So we're seeing that Westpac could.

We're also seeing more incentives being offered on top of home loans as well as just the interest rate.

It is indeed, Craig.

We have the combined forecasts from Westpac and ANZ at the moment.

For 2026, it's interesting, we're seeing pretty house price forecasts that are larger than in 2025.

So for Sydney, for example, we're seeing about 5% across the two banks, whereas they're kind of saying 7% for 2026.