Craig

Let's get it back to real estate because interest rate hikes are starting to test confidence across Sydney with signs of a, shall we say, more cautious tone emerging in the auction market while many properties are still selling above reserve

Behaviour, Margaret, seems to be shifting here because PropTrack tells us around 24% of listings are now transacting prior to auctions as vendors accept strong early offers.

And I want you to spare a thought this morning for a woman living in a homeless camp north of Brisbane who says that she fears for her children's safety every night.

Now, this is a mother of seven.

who was denied social housing because her Centrelink parenting payments placed her above the income threshold.

She now sleeps in tents with her children and relies on charity support.

Under current rules and regulations, eligibility would require surviving on less than $18 per person per day, a figure she says is unlivable.

have to agree.

Seven children living in tents at night.

Now, is that the Australia that we know and love?

Talking of streets, Melbourne families are waiting patiently for the next

potential rate decision and the prospect of repayments rising to about $104 a month on a $650,000 loan.

How are you finding it in terms of your clients wanting to buy property?

They're cautiously being probably more prudent, are they?

Fully assessed pre-approval, especially for first-home buyers.

You know, when it comes to going to auctions, this is very, very important because there are two types of pre-approvals, aren't there?

Have you kind of inherited some of these people that have done that where they're not fully approved and they've gone to an auction?

They've committed that ultimate sin and perhaps they've then said because they might not have had a mortgage broker and they've said, well, maybe we need a mortgage broker in the mix here.

We've got ourselves a bit unstuck.

And it's your real estate breakfast right across Australia, talking all about your property news and current market conditions, which are changing as the months progress through 2026.