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 – Office assets tanking globally
2 – Victoria land tax woes
3 – Auckland upzoning debate
Episode Resources
Story 1 – Office assets tanking globally – risk of bank contagion?
https://www.businessinsider.com/housing-market-outlook-commerical-residential-
offices-resiclub-real-estate-mortgage-2024-2?r=US&IR=T
https://finance.yahoo.com/news/kevin-o-leary-says-coming-230043170.html
https://edition.cnn.com/2024/02/07/business/pbb-bad-loans-real-estate-
crisis/index.html
Story 2 – Victoria’s budget and land tax woes
https://petewargent.blogspot.com/2024/02/tough-decisions-for-indebted-state.html
https://eliteagent.com/propertyology-boycotts-victorian-real-estate/
https://www.theage.com.au/politics/victoria/victoria-s-debt-risks-doubling-in-a-
decade-budget-office-warns-20230603-p5ddn8.html
Story 3 – Auckland housing supply debate
https://www.macrobusiness.com.au/2024/02/housing-supply-con-artists-exposed-
again/
https://bnnbreaking.com/breaking-news/economy/auckland-residential-rents-surge-
reaching-new-heights/
https://www.fresheconomicthinking.com/p/wellingtons-fisher-price-zoning-war
https://www.stuff.co.nz/home-property/350159428/will-anyone-ever-buy-plans-again
📚 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 ~~
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.
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