Ann: Interim Financial Report 31 Dec 2022 & Appendix 4D, page-10

Did I just hear the property market start to turn?

1. Two moths of positive price gains in Sydney which is traditionally the market leader
2. RBA paused rate hikes today ...if that is the peak then 3.6% is not too high by historical stds
3. Immigration taps fully open
4. 40yr low unemployment
5. Low building approvals limits new stock coming on to markey
6. Rising rents due to tight rental market with very low vacancy rate

pretty compelling reason to see a turnaround in market as well as more existing dwellings sell

agree with other posters however the business model of Au1 needs to be improved or it will kill itself as a listed company. Maybe best to merge with MEA as they have past history together and complimentary geographic foot prints.