The Australian residential housing market is unaffordable for many. It is being impacted by a perfect storm of a supply demand imbalance, rising construction costs, a fuel crisis, and a planning system which many argue needs wholesale reform.To hear more, I sit down with Angus Raine, Executive Chairman of Raine & Horne — one of Australia’s oldest and most enduring family businesses to get his perspective on Australia's housing crisis and what it takes to build a sustainable, intergenerational family business.Founded in 1883 and now in its fourth generation of family ownership, Raine & Horne has navigated more than a century of market cycles — from booms and busts to wars and recessions — and today operates at scale across Australia and international markets.In this wide-ranging conversation, we explore both the evolution of a multi-generational family enterprise and the realities of Australia’s housing market.We cover:The 140-year journey of Raine & Horne and how succession has been successfully managed across generations.How to avoid ego, groupthink and capability gaps in family businesses.The current state of Australia’s residential property market.The housing affordability crisis — and the key drivers behind it, from supply constraints to migration, tax settings and construction costs.Major planning reforms, including recent high-density development changes in Victoria.The rise of institutional capital and the build-to-rent sector.How technology, data and AI are reshaping the real estate agency model.The concept of regional "rentvesting" and how that may make property ownership accessible to a generation of Australians.This episode is proudly brought to you by the Family Business Association in Australia and New Zealand. Whether you’re an investor, business leader, or part of a family enterprise, this is a practical and insightful discussion on markets, leadership and long-term thinking.Disclaimer:This podcast is for general informational purposes only and does not constitute financial, investment, legal or professional advice. The views expressed by guests are their own and do not necessarily reflect those of the host. You should seek appropriate professional advice before making any financial or investment decisions.Connect with me:Website: https://jameshstewart.com/LinkedIn: https://www.linkedin.com/in/james-h-stewart-gaicd-83b46a9 Hosted on Acast. See acast.com/privacy for more information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related