Natarsha Belling
👤 SpeakerAppearances Over Time
Podcast Appearances
In the US, three people have suffered permanent vision loss after the stopper hit them in the face.
China might be about to disrupt the Australian beef market with a 55% tariff on all Aussie beef exports.
This year, China has set a limit on how much Australian beef it will import at 205,000 tonnes.
Just six months into the year, it looks like we're going to hit that quota.
And this week, China's Ministry of Finance and Commerce issued an alert saying that Australia had already taken up 90% of that limit.
China says that after the beef quota is met, all Aussie beef after that will face a 55% tariff.
And the former Prince Andrew is back in the headlines again, this time for what appears to be a suspicious bruise on his face.
He was recently spotted near his Sandringham estate with a large purple mark on the right side of his head and across his eye.
It's the first time that Andrew Mountbatten-Windsor has been seen in public for weeks, and we don't know exactly what caused the large mark, but British media has reported it could be related to a medical condition.
Meantime, a report by a national audit body in the UK has disclosed that Andrew was earning rent from three cottages that were on his property and which he sub-lettered to tenants.
The rental income for Andrew has raised more concerns in the UK, although the audit body did not suggest any wrongdoing on the part of Andrew.
Now it's time to get into our deep dive on the Australian housing market with economist Meeboy.
With major tax changes, sliding prices in some suburbs and warnings of more interest rate rises on the way, we ask, will the housing bubble finally burst or could all this ongoing uncertainty actually provide a silver lining?
Mi, thanks so much for joining us.
In regards to, there's a lot of speculation at the moment that the property bubble is about to burst.
Is that true?
Let's talk about, we've seen a decrease in some of the prices in some suburbs across the country, and there has been concern raised about what is called negative equity.
So that basically means, especially with the increase in interest rates, that you're actually now paying more for your property than it's actually worth.
How much of a real risk is that at the moment for people?
I'm glad you've mentioned first home buyers because we know there were some concerns about just the 5% deposit and that for many of those people that have been saving incredibly hard have now faced three or four increases in the official cash rate.