Stephen Mayne

speaker

4,460 appearances 12 recordings 1 series first heard Apr 2026 last heard yesterday

Stephen Mayne’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 12 in all, peaking in Jul 2026 with 4.

Appearances

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The Money Café with Alan Kohler · Housing's Perfect Storm · 8 Sep 2026 podcast

So you can't do a global deal with Barclay because he is herding cats with all these private credit firms.

And I think it's a real shame that the banking sector has basically gone on strike, partly because of the regulators in APRA,

and just not providing finance to property developers.

And these guys were basically property developers and builders.

Normally they're sort of one or the other, but they were combined.

And they were house and land and high-rise.

And house and land is non-union construction, whereas high-rise is union construction.

So it's a very unusual integrated developer, builder developer.

And with so many financiers, you can't just have, you know, talk to NAB, talk to ComBank and let's do a global settlement.

Instead, it's going to take months to work through site by site.

It seems bizarre, is it?

We're a great property nation and we're a nation where our stock market is ridiculously dominated by banks.

But those same banks don't fund property development.

They only come in there and lend $3.3 trillion on the completed $12 trillion in housing stock.

So Australia, everything is based around your personal asset of your house.

And, you know, the bank will lend against your house, you know, to support your small business or something like that.

But it is weird that they won't actually get into the housing construction game.

They've gone on strike and the regulators have sort of made them because

I think it should be a case of banking and building housing.

They should be together and the banks should be forced to get back into property development because this hasn't gone that well with private credit, has it, with Barclay?

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