Michael Janda

Michael Janda, ABC's business editor, delves into Australia’s housing crisis, dissecting the harsh reality for first-time buyers grappling with skyrocketing prices. He highlights the disparity between investor success and the struggles of new home seekers. The conversation addresses the transformation of housing into a commodity, the impact of rising household debt, and the implications for future generations. Janda also considers potential solutions to boost housing supply and alleviate the mounting pressures faced by prospective homeowners.

Michael Janda, ABC's business editor, discusses the Reserve Bank of Australia's unexpected decision to hold interest rates steady, much to the surprise of analysts and the Treasurer. He examines the split views within the board regarding inflation data's reliability. Janda also explores the implications for households, especially those with mortgages, amidst ongoing economic uncertainties. The talk touches on how global trade issues and key economic indicators might shape future decisions on interest rates.

Michael Janda, ABC business editor, brings his expertise on the housing crisis to the discussion. He delves into new policies unveiled by Peter Dutton and Anthony Albanese aimed at helping young Australians secure their first homes. The talk critiques the effectiveness of proposals like five percent deposits and tax deductions for mortgage interest. Janda emphasizes the need for a focus on supply rather than just demand, while shedding light on the ongoing challenges young Australians face in navigating the housing market.