Craig

Hugo Weaving also celebrating a birthday turning 66.

And on this day, back in 1975, Microsoft was founded by Bill Gates and Paul Allen.

And it was on this day in 1983 that the Space Shuttle Challenger makes its maiden flight.

Now I want to talk about the Sunshine Coast, one of my favourite destinations.

It is transformed from a string of quiet coastal villages into one of Australia's most desirable lifestyle markets.

Originally it was built on agriculture, timber and small beach communities and it has evolved through tourism in the 1970s and 1980s.

Today, infrastructure, we've got population growth and interstate migration have completely reshaped the region into a thriving property hotspot, blending lifestyle appeal with economic expansion.

making it a key destination for both homeowners and investors.

Many holidaymakers are there right now for this long holiday weekend.

So if you are on the Sunshine Coast, enjoy as we take you up the road and into Brisbane to catch up with Asti Mariasmo from PRD.

And you have often...

spoken about the Sunshine Coast because of the way that it has blown up with these property values since COVID.

And good morning to you, Asti.

Plenty of oomphers, right?

That is an understatement, isn't it?

Let's have a look at Australia's economy this morning, because is it holding up better than many expect it?

Fewer than 1% of households are in negative equity and mortgage arrears, both for 30 and 90 days, remaining below 1.5% as it trends down into our 2026th.

So Asti, is that telling you that the foundation of the real estate market is still very stable?

Yeah, and the question now is whether global tensions, particularly in the Middle East, starts to shift sentiment locally.

I mean, so far, any impact looks indirect.