Stephen Mayne

speaker

4,168 appearances 11 recordings 1 series first heard Apr 2026 last heard 8 Sep

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 — 11 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

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?

No.

There was no big banking CEO calling in the boss saying, you're living beyond your lifestyle, you know.

fix your game.

Instead, they're just playing off of dozens of different private credit operators who don't know what each other is doing.

So no one's got an overall view of the situation.

Then you pull back the curtain, bang, $3.5 billion of debt.

Who knew?

Oh, look, I mean, it's not the season, but I've had – the last time I was on, I think I mentioned what happened with PointsBet, where their 22% shareholder, Beta, came in and did a floor ambush.

They did a floor vote to cause a remuneration strike.

And we've had two more examples of that.

So I went along to the –

the Webjet AGM, and it all looked like it was going okay.

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