The Property Trio (formerly The Property Planner, Buyer and Professor)

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#77 of the Property Planner, Buyer and Professor Podcast, Dave, Cate and Pete take you through: Market insights 1. Investors creeping back in Westpac lending numbers for February reveal that investor lending is up 4.5%, while first time buyers are down 4% and upgraders down 0.8%. It's still early days, but it's likely to be a sign that the tide is starting to turn from home buyers driving the market to investors. Investor lending at Westpac is still only at 35%, compared with 65% when APRA brought in macro prudential measures in 2015. We expect these numbers to continue to grow in the coming months as investors tap into increasing equity and the lower cash flow needed to service a loan, with increasing rental yields covering much of the cost of interest with rates at an all-time low. 2. Property cycles Sydney has recorded 6.7% growth for the March quarter, which when annualised is growth of 26% for the calendar year. You may think that's amazing and has never happened before, but according to ABS data, Sydney prices went up 50% in 1988. The following year, prices dropped by 6% before rising again, albeit at a slower pace. The property market is cyclical in nature, sometimes they spike, but it doesn't mean there will be a collapse afterwards. 3. The property peaks and troughs Looking at property data over the last few decades, it's clear to see that the negative periods are much shorter than the positive periods. Amazingly, despite all of the doomsayers, the covid downturn was one of the shortest and lowest downturns that we've had over the last 30 years. Our most recent property market price reduction lasted for almost two years from 2017 and 2019 and was predominantly driven by APRA implementing macro prudential measures and not economic factors. A poignant reminder of how our property market can be manipulated by government policy and stimulus. What will drive capital growth after interest rates rise? 1. Access to finance and consumer confidence These are two key drivers of the property market. If finance is restricted or there is a lack of consumer confidence, this will have a significant impact on demand, which in turn will affect property prices. Consumer confidence is largely impacted by low unemployment or the wealth effect, which is rising property and to a lesser degree share prices. This is why the RBA are so strong on keeping rates low through to 2024, until we see inflation growth of 2% to 3%. 2. Immigration Although we've had negative population growth due to Covid, we still find ourselves in the midst of a property boom. Whilst immigration can certainly increase demand, it will be heavily influenced by the number of 'skilled' workers that migrate. The Morrison government have spoken about specifically targeting this sector once borders open which is likely to have a positive multiplier effect on the economy. 3. Interest rate increases may not be significant Governor Lowe of the RBA has stated that interest rates will remain low for the next 3 years. However, important to remember, when we do see some increases, it won't happen overnight. Based on the interest rate environments we are seeing for many other first world nations, it's likely we will see gradual increases spanning years to come - and this will only occur if we have very low unemployment resulting in inflation hitting the target band, which has not been achieved for around a decade. 4. Mastering renewable energy Our ability to transition away from creating fossil fuel-based energy and move to more...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's market update #20, Dave, Cate and Pete take our listeners through: 1. Hobart median dwelling values Despite being the capital city with the smallest population, median home values in Hobart are higher than Brisbane, Perth, Adelaide, and Darwin. The trio explore the reasons behind this surprising statistic. But is it sustainable? The Property Buyer thinks yes! 2. Melbourne growing at 1% a fortnight At last, the data is catching up with what we've been seeing since the inflection point in the final quarter of 2020. The median price for homes sold at auction has soared 18% since March last year. 3. Why stock on the market is still so low In economics 101 we learn that price is a function of supply and demand. With supply still so low, it's no wonder that we're seeing the highest monthly rises in value since 1988. The trio discuss why new listing figures have returned to normal levels, but total stock on the market remains at half the usual level. 4. Escape to the regions For the first time since covid lockdown, monthly data shows that combined capital cities have come ahead of regions in monthly growth statistics this month. This reflects what we've seen anecdotally, with the number of enquiries of people looking to sell up their city homes and move to regional areas decreasing as life returns to 'normal'. 5. How long will the frenzy last? The trio make their predictions for the property market in 2021. The consensus is that there is still a lot of steam and heat to go. Until we see some lending or macro prudential changes, we don't expect to see the buying conditions easing for some time. 6. Relaxation of responsible lending guidelines The Property Planner explains the expected impact to the property market if responsible lending laws are amended as planned by the Morrison Government. 7. Australia the ultimate destination nation Although it may not happen this year, when boarders open up again allowing for immigration, we expect this will add more entrants into the property market, further fuelling the fire into 2022. 8. Many purchasers are dropping out for fear of overpaying Although no one wants to buy at the peak of the market, the risk you take by holding out is that you're priced out of a market that you could have bought into. Provided that you plan for holding the property for the long-term and it fits within your overall property plans, now is the best time to buy. 9. Top tip - don't bypass the properties that have been on the market for longer The Property Professor shares this hidden gem for finding a great property. 10. And of course, our 'gold nuggets' Visit the show notes - https://propertyplanning.com.au/hot-property-median-home-values-largest-property-rise-since-1988-stock-on-the-market-capitals-vs-regionals/

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's ep#76, Dave, Cate and Pete take our listeners through: Market insights 1. March index results show the largest growth since 1988 CoreLogic property results are finally starting to show what we've been seeing on the ground since late last year. Every capital city is increasing full steam ahead. We think the market is only going to heat up further and there's more to go in this property run. What's more, we know that data lag creates delayed reporting. Our trio are certain that the record growth is yet to come to light. 2. First time buyers dominating the market Despite the fact that prices are high, first home buyers have never had it easier to get their first property purchase under their belt. Interest rates are the lowest they've ever been, the level of government stimulus and support is at an all-time high and savings are at record levels as well after months of buckling down (and locking down) on savings, particularly in the Melbourne market. As we recall, Melbourne suffered the longest periods of lockdown in our nation and the strength of the market bounce-back is palpable. 3. The bank of mum and dad Another player in the first home buyer corner is the bank of mum and dad providing their assistance. Parental contributions are averaging more than $89,000, which is an increase of nearly 20 per cent in the past 12 months. $89,000 is enough for a 20 per cent deposit in most of the nation's postcodes outside Melbourne and Sydney. 4. APRA won't intervene in the short-term At the Australian Financial Review Banking Summit held last week, APRA have said that their job is not to regulate the property market, it is to make sure there's no systemic risk in bank lending. As the media and political pressure increases with property values rising to new highs, APRA may get a tap on the shoulder sooner than anticipated to intervene and help take the heat out of the market. How to help your kids get on the property ladder 1. Monetary gifts (it's better than Christmas!) One of the primary ways a parent can assist their child is providing a lump sum of money to go towards the deposit. The trio explain how this method can be particularly helpful for many first-time buyers who have a strong borrowing capacity. 2. The difference between gifts and genuine savings Despite your generous gift, a lender may still require evidence of genuine savings before they provide the tick of approval. The trio discuss the optimum timing to give your gift, and some of the perils and pitfalls associated with this approach. 3. Security guarantees - the most popular method of assistance The Property Planner and Buyer take you through how a security guarantee works, the benefits and why it is the most common way parents help their kids in property. 4. Going in to a security guarantee with your eyes open If you've got equity available in your property, it may sound like a fantastic idea to offer your home or investment as a security. But as with any major decision, there are risks involved, not to mention a mountain of paperwork. The trio discuss the ins and outs of providing a security guarantee and costs, (and steps) involved. 5. Co-borrowing with your kids The Property Buyer and Professor share their first-hand experience of purchasing a property with their children. They cover off on ownership considerations, caveats and the agreements they've made with their kids. 6. The...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#75, of the Property Planner, Buyer and Professor Podcast, Dave, Cate and Pete take you through: Market insights 1. NZ abolishes negative gearing Any properties purchased after Saturday 27th of March will not attract tax deductibility on the interest portion of the repayments, while existing investment properties will have the negative gearing benefit phased out over the next 5 years. Although there is no silver bullet to cure housing affordability, could this be on the cards for Australia? Our trio discuss reasons it may or may not be a future policy setting of at least one party. As the Property Professor points out, investors share the task of providing shelter and this is something that our government is unable to deliver without the help of investors. 2. Increased agent activity unlikely to abate the pace of the market Although data shows an uptick in agent activity, which is a precursor to more stock on the market, it's unlikely that this will take the heat out of the market. Corresponding data for buyer search activity is going through the roof and any new stock on the market is likely to be swallowed quickly. 3. The bigger picture with property prices Darwin and Perth property prices are growing strongly, exciting many property owners and prospective home buyers and investors. However, when looking at the data, it's important to remember that although they've had strong growth recently (Darwin 16.7% and Perth 5%), prices are at the same level they were in 2009 and 2010. Data can be manipulated to support any intended view, so we advise you look beyond the superficial and news sound bites! The winner's curse and how to avoid it 1. What is the winner's curse? Where there's competition to win an asset that is in limited supply, (eg: a house), there can only be one winner. Typically, the person who wins the property pays the highest price. The winner's curse can manifest in concern and fear about overpaying. 2. Why are we prone to the winner's curse? It stems from our need for social proof to affirm that we've made a good decision and if we feel like we did not do enough research and analysis to accurately understand the market and/or our own financial position and goals. The fact that a buyer is willing to pay the highest affirms that no one else was willing to pay a price at that magnitude. This can make a buyer second guess all of the planning and preparation that went in to their decision in the first place. 3. When is it most likely to strike? The trio share the scenarios where the winner's curse is most likely to creep up on the successful purchaser. 4. How to combat the winner's curse Planning and preparation is a sure-fire way to avoid feeling concern that you've overpaid. The Property Planner and Buyer share their top tips on how to prepare so that you can be confident in your evaluation of the property's value and when to stretch beyond this price. You also need to understand your financial position, short and long-term goals clearly to buy confidently without regret. But if you can't help feeling the winner's curse, it's important to remember that if you're in it for the long-haul, the property market is forgiving if the property is held for many years to come. 5. The other side of the coin - loser's regret Loser's regret is the feeling of having been too conservative with the limit that you ended at in your bidding or highest offer, when you fail to purchase the property. This is particularly pertinent when you find out...

In this week's Ep#74, Dave, Cate and Pete take you through: Market insights 1. ABS and Core Logic data reinforces strong growth for 2021 According to ABS data for the December quarter of 2020, each capital city recorded growth between 2.6% and 3.4% which is between 10%1 and 15% annualised. CoreLogic data, which is more recent, for start of this year suggests even stronger growth of between 3% and 5% for Sydney, Melbourne, Adelaide, Perth and Brisbane which is in the 15% to 20% range when extrapolated. Property Planning Australia has now revised its forecast up to 15% house price growth for 2021. 2. FOMO causing irrational buying behaviour from first home buyers Fear of missing out is driving some first-time buyers, particularly those backed by the bank of mum and dad, to take "over the top" measures to secure properties. The Property Buyer shares her experiences at the coalface. 3. NZ Government expand powers of the RBNZ The Reserve Bank of New Zealand is now the first reserve bank in the world to include in its remit how its decisions may stabilise house prices. This part of the NZ government determination to take action against rapidly escalating house prices that have increased by over 20% over the last year. NZ were a world leader being the first bank to include a target for inflation under the Reserve Bank powers which all major economies subsequently followed. Could history be about to repeat this move by the NZ government be a harbinger of what's to come as other Federal Reserve follow suit in the coming months and years. 4. Property price growth is a world-wide phenomenon Across the globe, 2020 was the fastest year of house price growth since 2016. But 2021 could set even larger records. Canada, NZ and the US have seen housing markets rise faster than Australia, but Australia is on the move following in there footsteps as reserve bank employ previously unseen levels of monetary policy through rate setting and bond buying. 5. APRA says increase in debt to income ratio is not a concern Data released by APRA for the December 2020 quarter show that the number of property owners with debt greater than 6 times their income has almost doubled. The commentary from APRA is that debt to income ratios are broadly in line with historical averages and not something that they are concerned about currently with rates so low, but will this change? We think yes, the question is whether it is in 2021 or 2022. Secret steps to buying a house - The seven 'S's 1. State Property cycles play a part in determining price increases (and decreases) so when you do buy, you want to ensure that you buy in a state that is about to enter the upward swing of the property cycle. If your plan is to hold for the long-term, the stage of the property cycle diminishes in importance. 2. (S)City or Town Technically, not an 'S', but phonetically it works! When selecting a city or a town, understanding the capital growth drivers is paramount, including changing demographics and employment opportunities. 3. Suburb Just like cities, regional towns also have desirable suburbs primed for capital growth and gentrification and those that are best to stear clear of! The trio share the signs and data to look out for. 4. Street In blue chip suburbs, the A-grade streets are evident. But in a gentrifying suburb, it may not be known yet and you have to go looking. The trio share with you the secret characteristics of spotting an A-grade street. 5. Style The best styles of property, especially in our eastern an...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's Ep#73 of the Property Planner, Buyer and Professor Podcast, Dave, Cate and Pete take you through: Market insights 1. Business confidence reaches decade highs According to the NAB monthly business survey, business confidence rose further in February to reach 16 index points, its highest level since early 2010. Whilst we're still not on the other side of the pandemic, it shows the human psyche of bouncing back from difficult circumstances, and also demonstrates the power of social proof to build confidence. 2. GDP growth revised up by the OECD The forecast for GDP growth has been upgraded from 3.2% to 4.5%, which puts Australia on the top of the Covid-19 ladder for the strongest bounce-back economy for 2021. 3. Properties in the top quartile show outstanding growth According to CoreLogic, properties in the top quartile of value are growing at the fastest rate. Historically, other downturns and recessions have demonstrated that top quartile properties drop fastest in the downturn and rise the quickest in an upturn. 4. Price as a function of supply and demand The Property Professor shares insights that draw a correlation between new finance commitments compared with total listings to paint the picture of supply and demand driving value growth. 5. What's driving the market in Ballarat? Renters are opting to purchase as mortgages are now more affordable than ever. Facing rents of 4.5% versus 2.0% for a mortgage is an opportunity many locals are taking advantage of. Property planning & your next purchase 1. Peeling back the onion to determine the pathway forward The Property Planner shares the layers of steps to be taken and decisions to be made to come to the right outcome for your next property decision and your long-term portfolio plan. The key is to understand that investment decisions are intertwined with your lifestyle and family choices. 2. Achieving clarity for your long-term goals and your next decision Keep your binoculars and magnifying glass handy as you go through the journey of seeing your long-term goals with clarity and focusing in detail on your next decision. The pathway in between may change as you go through life, but having one eye on the end outcome and one on the next step will help you get there. 3. Hold or fold? The trio discuss the considerations, emotions and cognitive bias that factor in to making decisions about property you already own. What holds people back from making these decisions and why might you keep a property that is not performing? 4. Timing a property divestment The Property Professor shares key tax considerations to be mindful of when putting together your divestment strategy. 5. Selling property - two sides of the coin Understanding whether a property you own is top quality is only one side of the coin. The other side is understanding what you will be able to achieve by selling and is paramount to making successful property decisions. 6. Planning for the flexibility stage of life As we're working for longer, it's more common now to scale back work, rather than stop abruptly. You've still got investment decisions to be made post-retirement, you may not be on the same retirement timeline as your partner and your debt consolidation and divestment strategy need to take that into account. 7. Modelling your next property decision The best way to make an informe...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's market update #19 of the Property Planner, Buyer and Professor Podcast, the team discuss "Property values rise at the fastest rate in 17 years, which locations are outperforming, emerging trends and more". Dave, Cate and Pete take you through: 1. The February results are in! Summer might be coming to an end, but the property market is getting hotter by the minute. The national market is up 2.1% just for the month of February, the highest jump in 17 years! It's a very impressive growth rate for a 28 day period. Annualised that's a whopping 25.2% growth. 2. Data skewed further by long settlement dates In an upwards moving market, we're seeing many cautious upgraders and downsizers choose to purchase first with a long settlement date, allowing them to comfortably sell after signing the purchase contract. This delay between purchase and settlement is skewing the property data even further, as many sales aren't officially recognised until they settle. 3. The perfect storm for a property run Less people taking time off to go on holiday, the highest savings and borrowing capacity on record and a seasonal stock shortage in January has created a whirlpool of demand outstripping the supply. Even though more stock is coming onto the market, it's not enough to soak up the demand. 4. What's behind the property feeding frenzy? We all know that we have the lowest interest rates on record, but what is not as well known, is the nuances behind the unemployment data. Employment is lower by 3.3% for those aged between 15 to 34. However, for people who are aged 35 plus, which is most property buyers, employment has actually increased by 1.2%. 5. The update for regional areas Regional areas are still performing at a great pace, with interest from investors, local home owners and tree/sea changers pushing prices up. Rents do not move as fast as capital growth, so the outcome is a reduction in yield. The Property Buyer shares with you how to tell if a market is heated, by looking at rental yields. 6. Capital cities v regionals - the gap is closing Rents have started stabilising in Melbourne and Sydney and even in the apartment market, which was one of the segments that were hardest hit. Combined capital city growth is catching up to the regional markets, with 2.0% recorded in February v 2.1% in regionals. 7. The story behind capital city performance Sydney and Melbourne make up close to 50% of the properties in Australia, so if these markets drag the chain, it brings down the combined capital city data with it. Other capital cities recorded strong growth for the last 12 months, whilst Melbourne and Sydney were the most impacted by Covid. You could almost have 3 data sets: Melbourne & Sydney, other capital cities and regional areas. 8. Predictions for 2021 The Property Planner and Buyer update their predictions for 2021, in light of the February data. Cate and Dave debate how and when they think regulators are likely to step in to cool the market. Watch this space. 9. Early market indicators The trio share with you how to get your hands on the critical data to inform your property purchase. 10. Painting the picture with lending data Investors could be muscling their way back into the property market, with investment lending jumping by 9.4% according to the ABS, the fastest rate of growth since 2016. Lending commitments to investors have risen every month for the last 5 months, while loans to upgraders are up by...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode #72, the Property Planner, Buyer and Professor Podcast team discuss "Property prices - what causes values to fall & how to tackle a rapidly rising market", as Dave, Cate and Pete take you through: 1. On the flip side Many of the facets we discussed in the previous episode #71 "Capital growth - what increases property values" have an adverse impact on property values if the opposite occurs so for this episode, we covered some different topics. 2. Macro prudential regulation We now have a track record that macro prudential measures have the ability to influence property prices. APRA slammed on the breaks by putting caps on investment lending, LVR's and interest only loans in an effort to dampen the market and it worked! 3. Higher and new property taxes New policy and government announcements do affect buyer behaviour and the beauty is that policy makers can target particular segments of buyers, such as investors, foreign buyers, first home buyers, and so on, (to name a few). The trio touch on some of the changes we have seen and could see in the future. 4. Negative gearing Tying in with taxes, the abolition of negative gearing is still on the Labor party agenda. Whether it happens in the 3 years or 10 years is anyone's guess and the extent of any reduction of negative gearing to a certain number of property V total abolition. The Property Planner share how Labor have not taking this off the table yet and makes his predictions that they will roll it out in some down the track. 5. Global and political unrest Our international trade relationships have a large impact on the economic well-being of our nation, and therefore, can directly impact jobs, employment, wages growth and inflation - which all have a bearing on property prices. The Property Planner explores challenges and an example of a left tail or black swan risk that could cause future conflict and severely impact the Australian economy. It wasn't that long ago a pandemic was scoffed at as a left tail risk! 6. Natural, environmental or health disasters As we all understand much more clearly now following the Covid-19 pandemic, these events are significant set-backs for any economy that must manage through these disasters. They often come with a huge cost to governments and can spell increases in unemployment. This event has also increased the willingness for business and consumers to better perceive the risks of climate events also. 7. Fear of... The trio explain how fear can either be a driver of property values or a wet blanket. During 2020, even people who were stable and confident in their employment chose to wait on the sidelines of the property market, for fear of the unknown. Fast forward to 2021 and the trend playing out now is fear of missing out, causing a feeding frenzy in the property market. Fear plays a large part when it comes to price movement and Cate drills into this, and the immediate affect it can have on local markets. 8. Doomsday media One thing living through a pandemic has taught us among many, is take what you read in the media with a grain of salt. The Property Buyer explains how the media can irresponsibly skew consumer confidence, creating self-fulfilling prophecies. 9. Too many renters Owner occupiers have a greater ability to drive property prices, as they're willing to pay extra to get into that lifestyle property they've always dreamed of. Where the rati...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's episode #71, the Property Planner, Buyer and Professor Podcast team discuss "Capital Growth - What increases property value?", as Dave, Cate and Pete take you through: 1. Consumer confidence It doesn't matter how low interest rates are or how easy it is to borrow money. If people are not comfortable and confident, they're not spending extra or making life-changing investment decisions. Security of employment, community health (pandemics for example!!!), government support and stability and the geo-political environment are all critical factors that feed into consumer confidence. 2. Interest rate cuts and banking competition RBA confidential analysis shows that property values could rise by 30% if people believe the cut in interest rates is permanent. Although far from permanent, 4 years is far enough away in the eyes of many, along with lender competition to drive up property demand and speculation. 3. Availability of credit Access to funding is one of the most critical elements that can increase property prices when the tap is turned on, or deflate the market when it's switched off. We now have a history of APRA's macro prudential regulation stalling 'runaway' property growth. We also have relaxing of the responsible requirements which will make it less onerous to obtain a loan. 4. Business confidence Just like consumer confidence, when businesses are happy and comfortable with a strong pipeline of sustainable income, they're more likely to spend more, including upgrading systems and putting on more staff. This all drives up spending, creating more jobs, increasing employment, wages and....you guessed it, property prices. 5. High employment When we have high employment, more people are likely to consider leaping out of the rental market and embarking on the quest for home ownership. Reducing unemployment down to below 5% is a core focus of the RBA's low rates for longer and quantitative easing to drive wages growth. 6. Wages growth The Property Planner explains the RBA's plan to overstimulate the economy in a bid to push down unemployment, promote spending and increase in wages. The resultant effect of these objectives will drive investment and property growth. 7. Population growth The trio discuss the nuances of population growth on a macro (Country, State, City) and micro (Suburb, location) level. Be careful not to confuse affordability with desirability. Just because an area has had a lot of uptake, does not mean it is desirable and will exhibit capital growth. 8. Government stimulus When our politician's throw money at us, and particularly when it's enabling a purchase decision, it has a direct impact on asset price growth because of the increase in buyers. This also results in great competition pushing up property values and creating new benchmarks, and potentially meaning that some people overpaying for property because they're desperate to get the discount. You should never base a property decision on benefits that represent a false economy when contrasted against your intended outcome. 9. A rare few infrastructure upgrades The trio share the infrastructure upgrades that are worth paying attention to and those that are capital growth red herrings, which is the lion share of them despite what the media, spruikers, agents and the well-intended friends and family might tell you. 10. Increase in overseas buyers Over the last decade, we've seen rapid pric...

https://propertyplanning.com.au/propertyplannerbuyerprofessor/ In this week's market update #18 of the Property Planner, Buyer and Professor Podcast, the team discuss "The early trajectory for 2021", as Dave, Cate and Pete take you through: 1. The current property climate We may be heading towards autumn, but temperatures are going through the roof as the property market heats up. If you don't want to get burnt on the property hunt, don't forget to slip, slop, slap - get clear on your strategy, determine your price range and study the comparable sales. 2. Property values for January are in the books The national property market has started off the new year on a strong footing, as expected, following the seasonal slowdown. The trio take you through the January highlights. 3. Beware the data lag With the market surging forward at this pace, November's sales won't cut it anymore. The Property Buyer shares her tips on how recent your collated data needs to be and warns that this data may not be fool proof either. 4. Regional areas and days (or hours) on the market Because regional areas are less reliant on auctions, days on market tend to be shorter as a direct reflection of private sale pricing regimes. At the coal face, bullish offers are being made to quickly snap up properties. Remember, the better the quality the property, the faster it is likely to sell. If you're targeting top-shelf properties, you need to be prepared for competition, and be prepared to make quick decisions. 5. CBD apartments and expected immigration The CBD apartment market continues to languish, partly due to the great lifestyle re-evaluation and flight to larger properties and also lack of international students. Mounting pressure to bring in international students and lower-level workers for our agricultural industries may open up boarders in mid to late 2021 - watch this space. 6. New Zealand and macro prudential measures to cool the market Kiwi house prices have taken flight and over the last 12 months, resulting in an average capital growth figure of 17.3%. The NZ Central Bank has slapped restrictions on investors and 60%+ LVR lending in a bid to put out the property fire. The trio explain the outlook for Australia and when our regulator is likely to pull the trigger on similar macro prudential measures although they note that unlike NZ, we haven't really seen investor numbers represented in our market yet. 7. JobKeeper and JobSeeker coming to an end The Property Planner, Buyer and Professor share their predictions on the impact to the property market, when both JobKeeper and JobSeeker come to a close at the end of March. 8. Interest rates won't rise for 4 years Governor Lowe has adjusted his expectations for the cash rate to stay at 0.1% from 3 years to 4 years. The Property Planner explains the motivations driving this monetary policy. 9. Vaccine success in Israel The global guinea pig for vaccines, Israel, has turned in a positive success story as more than 50% of their population has been vaccinated. Effective vaccines are critical to the success of macro markets and the economy, so far, the outlook is promising. 10. And of course, our "gold nuggets"! Visit the show notes - https://propertyplanning.com.au/market-update-18-early-trajectory-for-2021-january-results-regionals-v-cities-interest-rates/