Australian Property Podcast

This week, discussions revolve around the RBA's criticisms of economic commentators, raising eyebrows on interest rate predictions. Rental price inflation is at a four-year low, with some Sydney suburbs even experiencing falling rents. Meanwhile, wage growth appears to have peaked, signaling a slow down in Australia's wage inflation. The conversation dives into these significant economic shifts and their impact on property investing, revealing a landscape that demands adaptability and strategic thinking.

Chris Bates, an expert mortgage advisor and co-founder of Flint Group, joins Owen Rask to delve into the world of refinancing. They explore why Perth's house prices surged 24% in just one year and discuss the sustainability of this growth. Bates explains what refinancing entails and how to approach it effectively. They also tackle common questions about the roles of brokers versus real estate agents and the dynamics of the evolving property market, providing valuable insights for anyone looking to navigate their financial future.

The hosts dive into the latest inflation figures, celebrating a drop that eases market concerns. They discuss how this shift is nudging expectations towards potential interest rate cuts by year-end. Investor borrowing is on the rise, reaching a two-year high, signaling renewed confidence in the property sector. Amid these market dynamics, they share insights from their travels and reflect on challenges facing home renovations. The conversation blends market analysis with personal anecdotes, creating a vibrant discussion about the future of Australian property.

In this episode, Pete Wargent talks about: What is inflation? How is inflation Measured? Why is inflation desired? Why Does the Reserve Bank Target Inflation? And what happens if they get it wrong? What is Australia’s Inflation Target? What are the causes of inflation? How is the inflation target achieved? Why is this important for Australian property? Inflation trends before 2020? What happened in 2020 and 2021? What’s happening to inflation now? Episode Resources:https://www.rba.gov.au/education/resources/explainers/inflation-and-its-measurement.html#:~:text=Inflation%20is%20an%20increase%20in,(a%20situation%20called%20deflation).https://www.rba.gov.au/education/resources/explainers/causes-of-inflation.htmlhttps://www.rba.gov.au/education/resources/in-a-nutshell/pdf/inflation-target.pdfhttps://petewargent.blogspot.com/2024/08/weak-economy-leads-to-rate-cuts-ahead.htmlhttps://www.macrobusiness.com.au/2024/08/markets-swing-sharply-to-rba-rate-cuts/~~ Resources you'll love ~~ Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan 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 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 news. Don't forget to send Chris and Pete your questions!In this week’s episode, Chris and Pete cover: 1 – APRA keeps macroprudential settings steady2 – NSW on no evictions policy3 – Japan’s population falls by a record 800,000, 15th year of declines Episode resourcesRask community forumhttps://community.rask.com.au/home1 – APRA keeps macroprudential settings steadyhttps://www.apra.gov.au/news-and-publications/apra-keeps-macroprudential-policy-settings-steadyhttps://www.apra.gov.au/news-and-publications/apra-keeps-macroprudential-policy-settings-steadyhttps://www.mpamag.com/au/mortgage-industry/market-updates/mortgage-serviceability-buffer-remains-at-3/4990442 – NSW no grounds evictions ruleshttps://www.realestate.com.au/news/will-ending-no-grounds-evictions-make-renting-fairer/https://www.theguardian.com/australia-news/article/2024/jul/28/nsw-landlords-may-be-fined-if-they-evict-tenants-for-non-genuine-reasonshttps://www.9news.com.au/national/nsw-premier-chris-minns-to-unveil-new-evicition-laws/0c3cb451-6ea0-46bb-b461-75c0e2db3c79https://www.theguardian.com/australia-news/article/2024/jul/30/fears-nsw-renters-could-be-mass-evicted-ahead-of-proposed-law-change3 – Japan population falls for a 15th year, dropping by a record 800,000https://www.japantimes.co.jp/news/2024/07/25/japan/society/japan-population/https://www.macrobusiness.com.au/2024/07/government-housing-targets-will-obliterate-green-space/~~ Resources you'll love ~~ Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan 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 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

The State of the Markets episodes provide you with a concise and clear picture of what is happening across markets. Not just in property, and not just in Australia.Pete Wargent and Owen Rask talk about the S&P/ASX 200 (INDEXASX: XJO), bonds, Australian residential property, commercial property, S&P 500 (INDEXSP:.INX), what's happening with the Australian Dollar (AUD) and more!Let us know what you think by writing in, using the 'Ask a Question' link below or jumping into the community.Topics covered: Australian property prices, including Perth's rise Why the Australian dollar (AUDUSD) is getting interesting How bond prices work and why they're interesting Is office property on its last squeeze? The S&P 500 is up 22% in one year?! Inflation is the key signal for 2024 & 2025 Key resources for this episode: Free Rask Community Pete's new book with Cate Bakos - The Buy Right Approach to Property Investing Australian Property Podcast ~~ Resources you'll love ~~Show Notes: https://bit.ly/R-notesInvest with Owen: https://bit.ly/R-investMortgage Broking: https://bit.ly/broke-raskFinancial Planning: https://bit.ly/R-planProperty Coaching: https://bit.ly/R-P-coach100-point property checklist (PDF): https://bit.ly/prop-checkAccounting with Grey Space: http://bit.ly/3DG5lWSBusiness Coaching: https://bit.ly/o-coachAsk a question: https://bit.ly/3QtiY00DISCLAIMER: 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 news. Don't forget to send Chris and Pete your questions!In this week’s episode, Chris and Pete cover: 1 – Australia’s half-built apartments2 – Is Australia adding one migrant per minute?3 – Homebuilding slowdown fuels Perth’s rocketing pricesEpisode resourcesRask community forumhttps://community.rask.com.au/home1 – Australia’s half-built apartmentshttps://petewargent.blogspot.com/2024/07/rates-will-have-to-come-down-eventually.htmlhttps://www.macrobusiness.com.au/2024/07/australia-inundated-with-half-built-apartments/https://www.theaustralian.com.au/business/property/australiansuper-and-hesta-team-up-to-back-assemble-in-development-of-17000-homes/news-story/97bdc444bcd3dcb0d691cf2eb2bd27a22 – Australia is adding one new migrant per minutehttps://www.news.com.au/finance/economy/australian-economy/australia-adding-a-new-migrant-every-single-minute/news-story/b2d641563d28e4fa0afb2d12c7594837https://petewargent.blogspot.com/2024/07/office-vacancy-rates-trend-higher.html3 – Homebuilding slowdown fuels Perth’s rocketing priceshttps://www.afr.com/politics/federal/home-building-slowdown-fuels-perth-s-rocketing-price-rises-20240718-p5jus3~~ Resources you'll love ~~ Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan 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 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of The Australian Property Podcast, Pete Wargent, property investor and author, shares his expertise on the "Buy Right Approach" and the concept of a "powerhouse portfolio" with Owen. Topics covered: Why most people lost money in property How to build a powerhouse portfolio Pete & Cate's 4-part plan to remove emotions IQ versus IQ versus AQ Future trends for property investors Episode Resources:Buy Pete's book: https://majorstreet.com.au/products/the-buy-right-guide-to-investing-in-property~~ Resources you'll love ~~ Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan 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 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

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 news. Don't forget to send Chris and Pete your questions!In this week’s episode, Chris and Pete cover: 1 – Where are all these jobs coming from2 – Construction cost growth falls to 22-year low3 – Immigration peaked in FebruaryEpisode resourcesRask community forumhttps://community.rask.com.au/homeStory 1 – Where are all these jobs coming from?https://petewargent.blogspot.com/2024/07/government-aligned-roles-prop-up-labour.htmlhttps://www.macrobusiness.com.au/2024/07/why-australias-unemployment-rate-is-so-low/https://www.antipodeanmacro.pro/p/aussie-labour-market-59d (paywall)Story 2 – Construction cost growth slows to 22-year lowhttps://www.corelogic.com.au/news-research/news/2024/residential-construction-costs-rising-at-the-slowest-annual-pace-in-over-20-years?utm_medium=email&utm_source=newsletter&utm_campaign=au-rea-property-pulse-2024-jul&sid=0038w000004Fmi8AACStory 3 – Immigration peaked in February https://www.abs.gov.au/statistics/industry/tourism-and-transport/overseas-arrivals-and-departures-australia/latest-releasehttps://petewargent.blogspot.com/2024/07/long-term-immigration-peaked-in-early.htmlhttps://www.sbs.com.au/language/english/en/podcast-episode/is-immigration-worsening-the-housing-crisis/tn5g6hj9d~~ Resources you'll love ~~ Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan 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 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Pete Wargent, property investor and author, shares his expertise on the "Buy Right Approach." Discover how this strategy differs from others, and why understanding market cycles and your own personality are key to long-term success. Learn the importance of a strategic plan and gain practical insights to make informed property investment decisions.Episode Resources:Buy Pete's book: https://majorstreet.com.au/products/the-buy-right-guide-to-investing-in-property~~ Resources you'll love ~~ Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan 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 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 Learn more about your ad choices. Visit megaphone.fm/adchoices