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
Okay.
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But we're just we're not at that point yet though, are we?
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No.
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We're we're a long way from that point.
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So the the pullback is small beer in the scheme of the rate uh the the house price increases that we've seen over the last few years, let alone the last few decades, where, you know, two and a half percent
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It's it's it's it's not yet an issue.
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Even though Sydney and Melbourne have had the bigger falls, round about five percent in those two cities.
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Yeah, they'll be watching.
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Obviously the two bigger cities in in in Australia.
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Um but again there's sort of um
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Even a little bit of tentative evidence, dare I say it, that auction clearance rates are no longer collapsing.
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They've actually sort of edged up a bit in the last couple of months according to totality.
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So yeah, the jury's out on this housing downturn.
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It tells us the cost to business of labor, obviously a very important input cost to most businesses, particularly services.
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We're looking for an increase in the quarter of about 0.8.9%.
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Annually, 3.3%.
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So that's a level of wage increases in this indicator of wages that's entirely consistent with inflation being at the midpoint of the target ban.
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So at the moment, even though the RBA governor identified pockets of tightness in the labor market, construction was one area that she cited, uh, it's not flowing.
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through into the broader wage uh equation in the economy.
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So it says to me that if we get, say, a 3.3 annual increase, wages are consistent with the profile that the RBA put out last week of inflation steadily falling back to that target.
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Showing 561–580 of 2,355 · page 29 of 118
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