BREAKING NEWS:
Australia Housing Market Crash

Australia’s latest auction clearance rates are collapsing across every major city.
Investor hype has evaporated.
The property market isn’t cooling
— it’s cooked.

Queensland is particularly concerning, though hardly surprising given its major cities function largely as highly financialised clearinghouses for wealth generated elsewhere. That makes its property market a structural canary in the coal mine for the broader Australian market. Economists have known this for decades: every Australian recession has been preceded by a sharp correction in Queensland property.

What we’re seeing now is the same pattern emerging again.
Demand is thinning. Liquidity is drying up.
Negative equity is back on the menu and Queensland is tonight’s special.

Read the housing tax reforms report

* Negative equity occurs when the market value of a property falls below the outstanding mortgage balance —
meaning the investment will sell at a loss.