Sorry but you are completely wrong in this case. Both are direct results of government fiscal policy. The stimulus package in last march that spurred the RBA to buy up the short term bond market brought about stability and value in the long term bond yields, stabilising the economy. Secondly the success of the home builder grant is abundant, building demand has never been higher, first home buyers succeeded investors at some point in 2020, driving further demand into the housing market, whilst simultaneously drying up supply. These are direct reactions to government intervention/policy.
