Why Australia’s Housing Market Is Running Hot Again

Good morning and happy Friday all. It’s Paul-Alain Hunt here in the Melbourne bureau. The ASX looks set for a sluggish start this morning, but first...

Today’s must-reads:
• New housing podcast
• RBA’s super warning
• OpenAI vs SpaceX

Australia’s housing market is running hot again. Values are rising at their fastest pace in nearly two years, fueled by rate cuts and ahead of fresh government support for first-home buyers. In the latest Bloomberg Australia Podcast, Chris Bourke speaks with economist James McIntyre about the forces driving prices higher, the outlook for further rate cuts, and why the supply crunch is likely to keep pressure on both buyers and renters.

Subscribe toThe Bloomberg Australia Podcast onApple,Spotify, onYouTube, or wherever you listen.