On 2GB Nights with John Stanley, Peter O’Malley from Harris Partners joins the program to unpack the clear softening emerging across Australia’s property market. With weak auction clearance rates, falling buyer confidence, and proposed changes to negative gearing and capital gains tax dominating headlines, the conversation explores what could lie ahead for prices, investors, and renters.

They also discuss:

•  Weekend auction clearance rates across Sydney, Canberra, and Brisbane — and what they reveal about demand 
•  Why this downturn feels tougher than 2020 and comparisons to the 2018 market correction 
•  Uncertainty around legislation timing and why policy detail matters 
•  The dangers of paying a premium for brand new property and “new property syndrome” 
•  How to properly assess off-the-plan purchases against the broader market 
•  Negative gearing vs positive gearing and the impact on borrowing capacity 
•  Why rents can continue rising even as property prices soften 
•  Melbourne as a case study in how policy settings can reshape both prices and rental markets

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