THE MARKET IS IN GRIDLOCK 🗞️ Real Estate Market Wrap

Send us Fan MailI'm calling it. August 2026. The housing policy that came out on 11 May 11 has officially failed.Today, I had just one auction scheduled. I normally conduct 10, 12, sometimes 15 on a Saturday. That one auction attracted zero registered bidders, making it two Saturdays in a row without a single registration.This isn’t about Labor versus Liberal. It’s about outcomes. Investors are waiting. First-home buyers are waiting. Vendors are waiting. Developers are waiting. And when property transactions stop, the pain spreads to agents, brokers, conveyancers, tradespeople, retailers—and ultimately renters.Markets don’t care about political intentions. They respond to incentives. The housing policies announced in May have now collided with reality, and from where I’m standing, they’re not working.Real leadership means examining the evidence and having the courage to say: “We got it wrong. Let’s fix it.”Australia matters more than anyone’s political ego.