US tariffs impact Australia’s property market, influencing interest rates, construction costs, and investor sentiment ahead of federal election.

In Short

US tariffs are affecting Australia’s property market, potentially lowering interest rates but also increasing construction costs. As housing demand rises in cities like Brisbane and Melbourne, policy proposals from major parties aim to boost supply, though their effectiveness is uncertain.

Global tensions, particularly US tariffs, are impacting Australia’s property market, influencing interest rates and investment decisions.

Experts suggest that these tariffs could lead to lower interest rates in Australia due to the prevailing uncertainty.

However, factors such as rising construction costs and currency depreciation are also critical.

The already increasing construction costs, which have surged by approximately 30% over the past two years, are expected to be further affected, potentially making it even more challenging to build new properties.

A weaker Australian dollar could affect the supply of properties as it raises the cost of importing materials.

There is a growing demand for housing in various Australian states, with recent fluctuations in property prices noted in Melbourne and rising demand observed in Brisbane and the Gold Coast.

Investor confidence is shifting, particularly in regions like Brisbane, while early signs of increased interest in Melbourne are emerging as rents rise and property values adjust.

As Australia approaches a federal election, both major parties have introduced policies aimed at increasing housing supply but differ significantly in their approaches.

The Labor Party proposes a 5% deposit scheme for first home buyers, while the Liberal Party suggests tax deductions for mortgage interest payments.

The effectiveness of these policies in increasing supply and managing costs remains to be seen.

For insights regarding the evolving property landscape, Dion Besser from Besser+Co Estate Agents provides resources and analysis on their website.

A Trailblazing Racer Breaking Barriers in Motorsport and Inspiring Future Female Drivers.

 In Short

Courtney Prince is a passionate racer overcoming challenges in a male-dominated industry, inspiring young female drivers to pursue their dreams. She shares her journey from go-karting to Porsche Racing and aims to impact the Supercars Championship for future generations.

She began her journey in go-karting and has now made significant strides in Porsche Racing.

Courtney shares her inspirations, the challenges she has faced, and her achievements throughout her racing career.

Despite encountering financial obstacles and gender biases, she remains committed to her pursuit of success.

As a role model, she encourages young drivers, particularly females, to follow their dreams with dedication and resilience.

Courtney aims to leave a lasting impact in the Supercars Championship, paving the way for future generations of female racers.

The discussion is hosted by Penny Lane, CEO of The Perfect Cosmetics Company.

Keznamdi reflects on his musical upbringing, cultural influences, and aspirations for authenticity and philanthropy in a revealing interview.

 In Short

Keznamdi shares his musical journey shaped by his Jamaican upbringing and experiences in Tanzania and Ethiopia. He aims to create authentic music that resonates with listeners while highlighting philanthropy and the connection between culture and artistic expression.

He reflects on how his family environment fostered his passion for music.

Keznamdi also shares experiences from living in Tanzania and Ethiopia during his teenage years.

These experiences significantly influenced his perspective and musical journey.

He details his unique sound and the impact his music aims to have on listeners.

Authenticity and philanthropy are key aspirations for Keznamdi as he develops his career.

The conversation highlights the connection between background and artistic expression.

Keznamdi’s dedication to his craft and commitment to giving back are emphasised throughout the discussion.

The discussion is hosted by Penny Lane, CEO of The Perfect Cosmetics Company.