In this Australian Property Podcast episode, your hosts Pete Wragent from Allen Wargent Property Buyers and Chris Bates from Alcove discuss the Reserve Bank cutting interest rates for the first time in this cycle, and what it means for the property market ahead. 

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Topics covered today:

1. RBA makes its first move for 2025
2. Average loan size hits a record high
3. Foreign buyer ban for two years put in place 

Resources for this episode

• RBA makes its first move for 2025
• Average loan size hits record high
• Ban on foreign buyers buying established homes for 2 years
• Labor matches Coalition policy banning foreign investors from buying existing homes
• Labor to replicate Coalition’s policy on banning foreign buyers

Other news of interest:

• Sydney auctions picking up
• He achieved the Australian Dream then he found something better
• Housing construction productivity – how can we fix it?
• Some brighter news on the housing supply front
• NZ citizens leaving NZ for the past two years – over half are coming to Aus for better employment options
• Westpac reduces variable rate to 6.44%
• Wages growth disappoints lower again
• Tide is turning against working from home

Rask Resources

Pete's Buyers Agency: https://www.allenwargent.com.au

Alcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking 

Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au 

All services: https://bit.ly/R-services

Financial Planning: https://bit.ly/R-plan 

Invest with us: https://bit.ly/R-invest 

Access Show Notes: https://bit.ly/R-notes 

Ask a question: https://bit.ly/R-quest 

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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