Shaky foundations? Housing supply targets drift ever further

Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions! In this week’s episode, Chris and Pete cover: 1 – The property market outlook for 2024 2 – Apartment defects and the housing supply challenge 3 – Fixed rate cliff – passed without damage? Outlook for borrowers with Stage 3 tax cuts Episode Resources Story 1 – The property market outlook for 2024 Sydney unit prices to rise 23pc in 3 years, house prices to rise 16pc https://www.afr.com/property/residential/sydney-house-prices-to-climb-16pc-in-three-years-20240119-p5eyn5 Housing starts plunge to decade lows https://petewargent.blogspot.com/2024/01/housing-starts-plunge-to-decade-lows.html Story 2 – New apartment defects and the housing supply challenge A litany of building defects across NSW has shaken consumers but experts say new laws are turning things around https://www.abc.net.au/news/2024-01-19/consumer-rights-defects-sydney-apartments-off-the-plan/103362884 Sydney complex of 900 new apartments at risk of collapse due to ‘serious damage’ – watchdog https://www.theguardian.com/australia-news/2024/jan/17/sydney-apartment-buildings-macquarie-park-risk-of-collapse-lachlans-line-watchdog-says Story 3 – Fixed rate cliff has passed? Fixed rate cliff - passed with a whimper? https://petewargent.blogspot.com/2024/01/fixed-rate-cliff-passed-with-whimper.html https://petewargent.blogspot.com/2024/01/this-is-what-tax-cuts-mean-for-you.html 📚 Enjoyed this episode? You'll love Kate's book, Buying Happiness, which you can order on Amazon: https://bit.ly/kate-amazon ~~ Resources you'll love ~~ Access Show Notes: https://bit.ly/R-notes Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan Property Coaching: https://bit.ly/R-P-coach 100-point property checklist (PDF): https://bit.ly/prop-check Accounting with Grey Space: http://bit.ly/3DG5lWS Business Coaching: https://bit.ly/o-coach Ask a question: https://bit.ly/3QtiY00 DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices