This episode dives into Australia's rising land costs leading to a housing market dilemma, with residential land values increasing by 8.8% and median prices reaching an all-time high of $372,620. The host discusses the affordability crisis for home buyers and the urgent need for structural moves to curb housing costs, including government intervention, infrastructure development and possibly immigration policy changes. First-time home buyers face significant challenges due to the current interest rate cuts fueling price surges. The discussion then moves to stricter conditions imposed on financial services firm KeyInvest by APRA following a review of the company's risk management. The episode concludes with a look at the mixed responses to ongoing US economic uncertainty, particularly the impact on Australia's dollar and Wall Street's reactions.n