Nicola Powell

speaker
158 appearances 3 recordings 1 series first heard Jan 2026 last heard 21 Mar

Nicola Powell’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 3 in all, peaking in Mar 2026 with 1.

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And we have to remember that the market is pricing more rate reductions.
We're expecting another one in November.
perhaps even some early next year, but we are expecting the cash rate to bottom out at some point next year, which may mean that we start to see rate hikes come 2027.
So when we look at Melbourne, the property price cap for Melbourne under this scheme is $950,000.
And in Brisbane, it's slightly higher, it's a million dollars.
So we're again using those property price caps to calculate.
Save for a 20% deposit, it's just under eight years in both of these cities.
But to save for a 5% deposit, you're looking at just over two years.
So ultimately, the time saved is five years and nine months in both of these capital cities.
So Adelaide's got a property price cap of $900,000 under this scheme.
And to save for a 20% deposit for a dual, you know, two-person household income takes seven years and eight months.
But for a 5% deposit, it's just over two years.
So again, you're saving a significant amount of time.
It's five years and seven months saved in Adelaide.
In Perth, the property price cap is a little bit lower, $850,000.
And actually, the average income in Perth is slightly higher than
So the time to save for a 20% deposit on $850,000 takes six years, but a 5% deposit, it shoots that time to save under two years.
So you're saving almost four and a half years in that journey time to save.
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