Property prices are falling, but higher interest rates are squeezing borrowing power. So, should you buy now or wait?


Westpac’s latest Home Ownership Report reveals buyers are holding back, waiting for rates to settle or prices to fall further. But how do you weigh that uncertainty against your own circumstances?


Sylvia Jeffreys is joined by Westpac’s Chief Executive, Consumer, Carolyn McCann to discuss what the bank is seeing from buyers and borrowers — and the options available whether you’re saving for your first home or trying to keep up with repayments.


In this episode:
Why first-home buyers are holding back — and whether you can time the market
What negative equity means if you’ve bought with a small deposit
How to ask your bank for a better rate and access mortgage support
Where Westpac’s economists expect property prices to head next

Property prices are falling, but higher interest rates are squeezing borrowing power. So, should you buy now or wait?
 Westpac&rsquo;s latest Home Ownership Report reveals buyers are holding back, waiting for rates to settle or prices to fall further. But how do you weigh that uncertainty against your own circumstances?
 Sylvia Jeffreys is joined by Westpac&rsquo;s Chief Executive, Consumer, Carolyn McCann to discuss what the bank is seeing from buyers and borrowers &mdash; and the options available whether you&rsquo;re saving for your first home or trying to keep up with repayments.
 In this episode:
<ul>
<li>Why first-home buyers are holding back &mdash; and whether you can time the market</li>
<li>What negative equity means if you&rsquo;ve bought with a small deposit</li>
<li>How to ask your bank for a better rate and access mortgage support</li>
<li>Where Westpac&rsquo;s economists expect property prices to head next</li>
</ul>

Money is a constant contradiction. You’ve got to spend money to enjoy life but save every cent for the future. 

It’s why Australians are caught between impossible expectations and an economic system that feels stacked against them. So, how do you keep up the juggling act when the stakes just keep getting higher?

In The Pay Off Sylvia Jeffreys sits down with leading experts and entrepreneurs to uncover tips and tricks from some of the sharpest business minds in the game.

You can listen to The Pay Off wherever you get your podcasts, or you can watch every episode on 9Now, search 'The Pay Off 9Now Podcast'

Money is a constant contradiction. You&rsquo;ve got to spend money to enjoy life but save every cent for the future.&nbsp;
It&rsquo;s why Australians are caught between impossible expectations and an economic system that feels stacked against them.&nbsp;So, how do you keep up the juggling act when the stakes just keep getting higher?
In The Pay Off Sylvia Jeffreys sits down with leading experts and entrepreneurs to uncover tips and tricks from some of the sharpest business minds in the game.
You can listen to The Pay Off wherever you get your podcasts, or you can watch every episode on 9Now, search 'The Pay Off 9Now Podcast'

Sylvia Jeffreys sits down with leading experts and entrepreneurs to uncover tips and tricks from some of the sharpest business minds in the game.

The Pay Off with Sylvia Jeffreys

Buy Now Or Wait? The Property Market With Westpac's Carolyn McCann

Women make up two in three beginner investors. But as investing gets more advanced, that representation starts to fall away.

Global X portfolio manager Jessica Leung thinks confidence is a big part of the problem — and she knows what it’s like to feel out of place in finance, having spent much of her early career as the only woman on her team.

Jessica joins Sylvia to strip investing back to basics: how ETFs actually work, what to look for when choosing one, the fees that can eat into your returns and why a boring, long-term strategy might be a good thing.

Plus, they unpack the AI investment boom — including why the opportunity extends well beyond the big tech names to data centres, infrastructure and even copper — and the biggest mistake Jessica sees new investors making.

This episode contains general information only and does not constitute personal financial advice.

Women make up two in three beginner investors. But as investing gets more advanced, that representation starts to fall away.
Global X portfolio manager Jessica Leung thinks confidence is a big part of the problem &mdash; and she knows what it&rsquo;s like to feel out of place in finance, having spent much of her early career as the only woman on her team.
Jessica joins Sylvia to strip investing back to basics: how ETFs actually work, what to look for when choosing one, the fees that can eat into your returns and why a boring, long-term strategy might be a good thing.
Plus, they unpack the AI investment boom &mdash; including why the opportunity extends well beyond the big tech names to data centres, infrastructure and even copper &mdash; and the biggest mistake Jessica sees new investors making.
This episode contains general information only and does not constitute personal financial advice.

ETFs, AI And Why Women Are Better Investors Than They Think

Why does a strong CV disappear into a recruitment black hole? Former recruiter and Project Roar founder Catherine Harris joins Sylvia Jeffreys to explain how hiring has changed, what can stop your application reaching a person, and why spending hours on job boards may be getting you nowhere. 

They cover:
How to make your CV easier for recruitment software and recruiters to read
What to do if you’re worried your age is counting against you
How to explain a career break, including time spent caring for children
How to use conversations and referrals to find opportunities

Catherine also shares what employers could gain by hiring more workers in their fifties and sixties.

Why does a strong CV disappear into a recruitment black hole? Former recruiter and Project Roar founder Catherine Harris joins Sylvia Jeffreys to explain how hiring has changed, what can stop your application reaching a person, and why spending hours on job boards may be getting you nowhere.&nbsp;
They cover:
<ul>
<li>How to make your CV easier for recruitment software and recruiters to read</li>
<li>What to do if you&rsquo;re worried your age is counting against you</li>
<li>How to explain a career break, including time spent caring for children</li>
<li>How to use conversations and referrals to find opportunities</li>
</ul>
Catherine also shares what employers could gain by hiring more workers in their fifties and sixties.

Job hunting? The new rules of getting hired 

Australia is one week out from the RBA’s next interest rate decision — and the possibility of another rate hike is firmly in focus.

So what is the Reserve Bank actually watching?

RBA Chief Economist and Assistant Governor Sarah Hunter joins Sylvia Jeffreys to take us inside how the bank thinks about interest rates, inflation and the Australian economy — and bust some of the biggest economic myths along the way.
In this episode:
What the RBA is weighing up ahead of its next rates decision
Why interest rates affect far more than just mortgage holders
Whether higher interest rates really push up rents
Whether migration is adding to inflation
How government spending factors into the RBA’s thinking
What’s behind Australia’s housing downturn — and where prices could go from here
Whether Australian households are showing signs of mortgage stress
Why the RBA remains concerned about inflation

Plus, Sarah explains what happens behind the scenes before every interest rate decision — from the economic data her team analyses to the papers that land in front of the Monetary Policy Board.

Australia is one week out from the RBA&rsquo;s next interest rate decision &mdash; and the possibility of another rate hike is firmly in focus.
So what is the Reserve Bank actually watching?
RBA Chief Economist and Assistant Governor Sarah Hunter joins Sylvia Jeffreys to take us inside how the bank thinks about interest rates, inflation and the Australian economy &mdash; and bust some of the biggest economic myths along the way. In this episode:
<ul>
<li>What the RBA is weighing up ahead of its next rates decision</li>
<li>Why interest rates affect far more than just mortgage holders</li>
<li>Whether higher interest rates really push up rents</li>
<li>Whether migration is adding to inflation</li>
<li>How government spending factors into the RBA&rsquo;s thinking</li>
<li>What&rsquo;s behind Australia&rsquo;s housing downturn &mdash; and where prices could go from here</li>
<li>Whether Australian households are showing signs of mortgage stress</li>
<li>Why the RBA remains concerned about inflation</li>
</ul>
Plus, Sarah explains what happens behind the scenes before every interest rate decision &mdash; from the economic data her team analyses to the papers that land in front of the Monetary Policy Board.

Buy Now Or Wait? The Property Market With Westpac's Carolyn McCann

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The Pay Off with Sylvia Jeffreys

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