Foreign buyers acitivty is on the rise in Australia by 27% in 2022/23. Foreign buyers were responsible for $1.9 billion worth of property sales in the last financial year, but does that spell disaster for Aussie buyers? Yes and no.

Most property sales were under $1 million AUD and given that foreign buyers cannot hold onto property indefinitely, it seems to be adding to local housing shortages, but is far from the main driving force.

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You should be buying in regional Australia right now if you're interested in an investment. Why? Well, the boys spoke to special guest, Emmanuel Michael, a buyers agent who has seen some explosive growth in regional Australia, particularly in Western Australia.

In fact, it's not just the regions with great prices for entry and potential for growth, but Perth too. The WA capital has now become the most affordable capital city in Australia but there are some restrictions for investors.

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Is there a conspiracy around property prices? Probably not, but its certainly starting to feel that way. Anyway, what this episode about other than conspiracies? The boys provide a market update for May/June in which Joe explains that banks and lenders are loosening lending laws to help borrowers during the cost of living crisis. Alongside this, borrowers are consolidating their debt in droves. You've got three guesses as to why.

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Can Australia truly become a renewable energy superpower? Joe and Michael break down a few winners and losers from the 2024/25 Federal Budget. It isn't the groundbreaking budget some were hoping for, in fact, little is changing, but what doesn't make people overly happy or overly upset is a success? Right? Let us know your thoughts below.

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Joe and Michael are talking about immigration. Oh boy...

This isn't about race, so if that's what you're here for, you're not welcome. This is about how immigration policies are affecting the economy and contributing to the cost of living crisis.

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In this episode, Joe and Michael get into how much you have to earn to buy a property in each Australian capital city in order not to feel financial stress. Additionally, they discuss which jobs allow you to do that easily. Spoilers, there aren't many.

Interested to learn more? Join our FB community ‘Home Loan University’ where you can ask any home loan questions and get access to the latest property market trends, insights and expert tips: https://www.facebook.com/groups/575999569987533

You can also call us at 1300 796 937 or book a FREE consultation to find out more: https://itssimple.com.au/book-consultation/

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In this week's episode of the Finance Show with Joe, the boys chat about where you might consider buying outside of Sydney and Melbourne, tips for getting ahead, and whether government incentives are helping people get out of financial funks.

This podcast is intended to provide general information (and hopefully entertainment) only and the contents of which do not purport to provide personal financial advice. You should consider seeking independent financial advice.

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Welcome to the Finance Show with Joe and co-host, Michael. In today’s episode, Joe and Michael tackle the big questions surrounding government policy and Australia’s housing crisis.

Are immigration rates unsustainable during the current crisis? Are interest rates helping at all? Why are property prices still rising? The guys get into it all while also making suggestions as to what might be up and coming suburbs.

This podcast is intended to provide general information (and hopefully entertainment) only and the contents of which do not purport to provide personal financial advice. You should consider seeking independent financial advice.

Follow us for more property news and mortgage advice!

▸Website - https://itssimple.com.au
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