Finance & Fury Podcast

Welcome to Furious Friday! Did you hear?! The property market is going to drop by 45%!! Oh no! Today, we’re looking at a recent 60 Minutes segment ‘Bricks and Slaughter’, which aired on Sunday and sensationalised Australia’s property market.  The segment made several inaccurate statements, including; Our property market has only ever increased (and implied that from here it can only decrease), That we were on a path towards a 45% housing collapse.  Since the episode Several of the experts that appeared on the show have come out and expressed their disappointment and unhappiness as the majority of their comments were either manipulated or never made the final cut. SQM’s Market Analyst Louis Christopher says he was interviewed for over 45 minutes of which approximately one minute was featured in the segment.  Media did their job – which is to sell headlines based on fear! So, where is the property market headed?  Property moves in cycles, and doesn't always go up.  Property prices have gone down in the pas