Natarsha Belling

So the bottom line is they've got a very, very small deposit because it's so incredibly expensive to try and buy your first unit or if you're incredibly lucky, your first home.

But then on the back of that, that huge amount of mortgage they've actually had to take out, that huge loan, is then they've had an increase in their repayments.

That financial squeeze, how much pressure is that going to put on those specific homeowners at the moment?

Now, you just mentioned just there you're predicting two more increases in the official cash rate.

Is that something that you think will really, you know, is a concerning development for an economy?

We know the GDP figures that came out this week for a struggling economy, but also put a lot of pressure on a lot of people that are really struggling financially right now.

Me, I love your positivity in such a challenging financial time for so many Australians right now, but I guess a lot of people would want to know as prices are starting to come off a little bit and we know the clearance rate is falling, could now as a silver lining be a good time to try and get into the property market?

We all need a silver lining.

We really appreciate your time, May.

Thanks so much for joining us.

Thank you, Tash, for having me.

That was me, Bowie, an economist at AMP.

And that's it for this episode of the afternoon edition of The Briefing.

We'll be back tomorrow with The Weekend Briefing.

Helen is joined by Antoinette Latouf to talk about going from sacked to vindicated and also about her new book, Women Who Win.

We'd love you to subscribe or follow us on Instagram at The Briefing Podcast.

I'm Natasha Belling.

See you next time.

A listener production.

Hi, Natasha Belling with you and welcome to the afternoon edition of The Briefing.