Yes, the broader market is looking somewhat dodgy, Nip. It will be interesting to see on what level it translates through to the Oz (residential) RE market, given the current demand/supply dynamics are still a powerful force. So far, affordability hasn't made much of a dent, as some have asserted, given those aforementioned forces. That said, if Oz employment levels remain intact (more or less) and demand destruction is not too severe I don't think we'll see a major (residential)property crash here. Even so, given the world is currently beset with so many economic, geopolitical and political concerns, I don't think we can rule anything out until we see some clarity of direction.
