Phil Tarrant and Liam Garman work through the spread of negative equity, from 20,000 Perth homes reportedly worth less than owners paid to a harbourside Sydney listing that was offered $28 million pre-budget and is now guiding $20 million plus. They also cover revised bank and economist forecasts, the unintended consequences of the trust and negative gearing changes for builders, falling first home buyer numbers, and One Nation's pledge to restore the CGT discount on two investment properties.
Friday 23 October 2026 43:33
Melbourne units price themselves out of the federal guarantee, Queensland's affordable belt shrinks, and the first passengers fly from Western Sydney International.
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ABC
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ABC
Metropole
Property news
With the Coalition pledging to wind the changes right back and One Nation polling at 30 per cent, Liam Garman says investors must model every political outcome.
Property news
Eight property professionals were named for failing to lodge trust account audits, some going back to 2018, as new research shows appetite for alternatives climbing.
Money & market
LEVR founder Josh Crealy says the first purchase should leave room for the second, and that begins with knowing your borrowing capacity.
Money & market
Phil Tarrant says the slump points to $30 billion less flowing into NSW coffers over four years, with Liam Garman estimating a $7.36 billion national shortfall.
Property news
Liam Garman says the surge in Brisbane stock paired with a collapsing clearance rate points to forced selling, not opportunistic upgraders.
Money & market
Brokers face an 11-fold levy rise and ASIC scrutiny over cheapest-rate recommendations, while Phil Tarrant argues price is the wrong measure for investors.
Money & market
Treasurer Daniel Mookhey says a re-elected Minns government would let discretionary trusts move to the federal Excluded Election Trust arrangement without a stamp duty bill.
Money & market
Fewer than 40,000 homes sold nationally in September and advertised stock is up 19.1 per cent, with the typical property now taking 41 days to sell.
Money & market
Three-quarters of prospective buyers are holding out for lower prices, while 47 per cent of owners say it's a bad time to sell — leaving transaction volumes stuck.
Phil Tarrant and Liam Garman unpack a sharp slowdown in transaction volumes, with Brisbane listings up 40% year on year against a 20% clearance rate, and NSW stamp duty takings down 23% in September. They also cover discretionary trust tax changes, the Victorian and NSW election promises aimed at property owners, and a heated disagreement over ASIC's latest look at mortgage broker best interest duty.
Phil Tarrant and Liam Garman unpack the Greens-aligned proposal for publicly owned supermarkets, the fallout from the credit card surcharge changes, and what shifting voter preferences could mean for housing policy. They also warn about the rush into commercial property, particularly inside self-managed super funds, and flag that roughly a quarter of listings are now sitting on the market for six months.
Phil Tarrant and Liam Garman unpack why the Treasurer's inflation explanation does not stack up against the CPI and oil price data, and why the RBA says it does not model government spending. Phil then sets out a new argument: because aged care entry is means tested against the family home, falling property values shift the cost of caring for older Australians onto the taxpayer. The pair also work through the fallout from the credit card surcharge ban and payday super for small business.
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