Deputy economics editor Michael Read on what’s going on in the housing market, whether it’s the correction we had to have and why the government doesn't want to call it that.

This podcast is sponsored by Westpac

Further reading:
RBA warns house prices have further to fall
Despite the softness in the housing market, RBA governor Michele Bullock said another interest rate rise remains squarely on the table.
Labor MPs are lost in housing’s hall of mirrors
Prices are falling, but the government is reluctant to claim the credit. So its MPs have resorted to rhetoric about renewed optimism for first home buyers.
Property price slide exposes political peril for Albanese government
As the sharpest housing market correction in almost four years gathers pace, the Albanese government is discovering that voters do not necessarily welcome falling values.

Deputy economics editor Michael Read on what&rsquo;s going on in the housing market, whether it&rsquo;s the correction we had to have and why the government doesn't want to call it that.
This podcast is sponsored by <a href="https://www.westpac.com.au/">Westpac</a>
Further reading: <a href="https://www.afr.com/policy/economy/rba-warns-house-prices-have-further-to-fall-20260811-p60n8y?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_fin&amp;utm_content=&amp;utm_term=newsroom">RBA warns house prices have further to fall</a> Despite the softness in the housing market, RBA governor Michele Bullock said another interest rate rise remains squarely on the table. <a href="https://www.afr.com/policy/economy/labor-mps-are-lost-in-housing-s-hall-of-mirrors-20260805-p60lkl?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_fin&amp;utm_content=&amp;utm_term=newsroom">Labor MPs are lost in housing&rsquo;s hall of mirrors</a> Prices are falling, but the government is reluctant to claim the credit. So its MPs have resorted to rhetoric about renewed optimism for first home buyers. <a href="https://www.afr.com/policy/economy/property-price-slide-exposes-political-peril-for-albanese-government-20260804-p60l71?utm_source=omny&amp;utm_medium=podcast_notes&amp;utm_campaign=the_fin&amp;utm_content=&amp;utm_term=newsroom">Property price slide exposes political peril for Albanese government</a> As the sharpest housing market correction in almost four years gathers pace, the Albanese government is discovering that voters do not necessarily welcome falling values.

A weekly podcast from The Australian Financial Review that examines the biggest stories in business, markets and politics, and why they matter, explained by the best financial journalists in the country.

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A weekly podcast from The Australian Financial Review that examines the biggest stories in business, markets and politics, and why they matter, explained by the best financial journalists in the country.
Search The Fin and follow us wherever you get your podcasts.

A weekly podcast that examines the biggest stories in business, markets and politics, and why they matter.