22/07/2026
Fantastic morning for myself and the Holder Property Buyers team at The Bank Of Queensland economic summit breakfast.
Key take aways from guest speaker chief economist Peter Munckton were interested but not surprising.
We have an underlying under supply of housing in Australia and the government, building industry, private equity investors are nowhere near solving that issue anytime soon. (No surprises there).
Peak property market growth began slowing down back in February, prior to government announcements about negative gearing and capital gains tax changes. Indicating a natural cyclical decline, not simply a manufactured dip caused from investors leaving the market. (As a result of government tax changes).
Qld now contributes well over 20% to the country’s economic engine, and upcoming Olympic and infrastructure commitments will soon pump billions of dollars into the QLD economy.
Interest rates unlikely to drop until 2028 due to “sticky inflation”.
All pretty interesting and relatable stuff to us as buyer’s agents, but the wonderful thing about economists is they often seem to contradict each each other.
The one thing we are seeing on the ground where we are buying is that the opportunities to secure a quality property asset under recent market valuations have not been this good in probably over three years. Especially in south east and regional QLD.
Oh, and the breakfast was pretty good too. Thanks BOQ 👍