Should government act as referee, or active player?

Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the week. Don't forget to send Chris and Pete your questions!

In this week’s episode, Chris and Pete cover: 

1 – Government to buy off the plan properties in NSW, and more

2 – Mid-year respite for renters as students leave

3 – Insurance costs doubled in 2 years for Victorian homebuilders 

Episode resources 

1 – Government as referee or active player

https://www.smh.com.au/national/nsw/government-prepared-to-underwrite-housing-projects-to-boost-viability-20240613-p5jll7.html

https://www.abc.net.au/news/2024-06-16/nsw-to-invest-450-million-build-to-rent-homes-essential-workers/103984400

https://www.smh.com.au/politics/nsw/nsw-s-version-of-bank-of-mum-and-dad-to-help-build-more-homes-20240614-p5jluv.html

https://www.macrobusiness.com.au/2024/06/desperate-albo-to-build-demountable-shanty-towns/

https://theconversation.com/queensland-government-splashes-the-cash-around-but-its-unlikely-to-save-it-in-the-october-election-232259

https://www.macrobusiness.com.au/2024/06/nsw-to-build-one-month-of-housing-in-historic-move/

2 – Mid-year respite for renters

https://sqmresearch.com.au/uploads/11_06_24_National_vacancy_rates_May_2024_Final.pdf

https://www.macrobusiness.com.au/2024/06/australia-renters-receive-stay-of-execution/

https://petewargent.blogspot.com/2024/06/temporary-respite-for-pressure-on.html

https://petewargent.blogspot.com/2024/06/record-population-growth-in-2023.html

3 – New home builders hit with 65% insurance increase

https://www.theage.com.au/politics/victoria/building-insurance-to-increase-by-65-per-cent-for-new-homes-20240613-p5jlfh.html

https://www.macrobusiness.com.au/2024/06/australian-home-builders-hit-with-new-crisis/

https://petewargent.blogspot.com/2024/06/homebuilders-walloped-again.html

https://www.raywhite.com/news-and-market-insights/economic-updates/shouldnt-we-already-be-in-recession

~~ Resources you'll love ~~

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• Property Coaching: https://bit.ly/R-P-coach
• 100-point property checklist (PDF): https://bit.ly/prop-check
• Accounting with Grey Space: http://bit.ly/3DG5lWS
• Business Coaching: https://bit.ly/o-coach
• Ask a question: https://bit.ly/3QtiY00

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