Stephen Koukoulas
speaker
2,355 appearances
24 recordings
2 series
first heard Apr 2026
last heard 20 Sep
Stephen Koukoulas’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 24 in all, peaking in May 2026 with 6.
Appearances
It's not not bad, but if it starts to deteriorate, then it becomes an issue for the RBA to manage.
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The short answer is yes.
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Uh, you know, there was a chart in the statement on monetary policy, rba.gov.au.
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So look at the statement on monetary policy that showed the the line, not the percentage change, but the level of house prices and how they'd increased.
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Yes, roughly 50% uh over the last five or six years.
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And we've had as you as you quite rightly point out, we've had a two, two and a quarter percent decline in house prices.
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So it's a little hook down.
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After this stunning rise.
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Yeah.
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It it's not a problem at the moment.
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If we were even to see falls of six, seven, eight percent nationwide, it still would not be a problem.
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I think you start to get into a bit of a a little bit more concern and again the banks are certainly w watching this closely.
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That uh you get everyone who's entered the market in the last couple of years, if we do get a say 10% fall, then they now run the risk of you know really having um an asset that's worth considerably less than they paid for.
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Not necessarily negative equity, but you know, they've they've lost their deposits or even though they keep their house.
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And that has implications for spending.
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That has implications for future bank lending because banks all of a sudden will tighten their credit criteria.
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So when someone comes and says, Oh, I found this lovely house, uh, I want to buy it, they'll say, Well, gee, look at our um mortgage book, yeah, our portfolio uh uh on the balance sheet and saying, Well, actually we've got a few problems there.
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And if there's any sort of increase in bad debts or provisioning for bad loans and these sorts of things, there isn't yet of any of any substance.
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But if if there is, then of course we get a good old fashioned credit crunch, which means that lending is
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uh is curtailed almost regardless of what the interest rates are.
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Showing 541–560 of 2,355 · page 28 of 118
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