# Rate pause, Budget shock and the next move for Australia's property market

Page: https://stenobird.com/podcast/australian-property-podcast-6090037/rate-pause-budget-shock-and-the-next-move-for-australia-s-property-market
Text version: https://stenobird.com/podcast/australian-property-podcast-6090037/rate-pause-budget-shock-and-the-next-move-for-australia-s-property-market.md
Podcast: [Australian Property Podcast](https://stenobird.com/podcast/australian-property-podcast-6090037)
Published: 2026-06-20T21:00:00+00:00
Episode link: https://www.raskmedia.com.au/podcasts/australian-property-podcast/
Audio file: https://traffic.megaphone.fm/RRKKR8817326264.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/australian-property-podcast-6090037/episodes/rate-pause-budget-shock-and-the-next-move-for-australia-s-property-market
Duration seconds: 3099

## Resource

In this episode of the Australian Property Podcast, Pete Wargent and Chris Bates unpack a housing market that is trying to stabilise after the Budget shock, without much conviction that the hard part is over. They start with the Reserve Bank holding the cash rate at 4.35%. Bond yields are off their peak, some fixed rates are edging lower, and buyers are asking whether confidence can rebuild. Pete and Chris explain why that does not guarantee a strong recovery while policy uncertainty, softer investor demand and weak sentiment still weigh on Sydney and Melbourne. The episode then turns to what is changing on the ground. Investors are pulling back, upgraders are cautious, first-home buyers are getting a little more breathing room, and rents remain under pressure because vacancies are still tight. They also unpack stamp duty changes, buyer incentives and why mortgage stress is still more of a pressure story than a distressed-sales story. Finally, they look ahead to late 2026 and 2027. If rates fall meaningfully, the market could find a new leg higher. If cuts stay modest, Australia may be heading into a slower, more balanced phase instead. It is a useful episode for buyers, investors and homeowners trying to work out what matters now and what noise to ignore. Episode resources – Ask a question (select the Property podcast) Show partner resources – Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit Rask resources – Pete's Buyers Agency – Alcove mortgage broking – Amy Lunardi Buyers Agency (Melbourne) – All services – Financial Planning – Invest with us – Access Show Notes – Ask a question – We love feedback! Follow us on social media – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. Th…

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/australian-property-podcast-6090037/episodes/rate-pause-budget-shock-and-the-next-move-for-australia-s-property-market/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/australian-property-podcast-6090037/rate-pause-budget-shock-and-the-next-move-for-australia-s-property-market.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.