From ANZ in the last 12 months.... Readtheir old reports and once you do you will disregard this one aswell.They are all available on their website
These fools ahve been wrong for quite some time now...
Australian property prices have never fallen, and going forward we believe there will be no reason why they will" - April 2008
"[T]he question needs to be asked: are house prices going to fall in Australia? We think not." - September 2008
"Despite the proliferation of negative commentary, measured Australian house prices continue to defy the doomsayers. From a peak in March, the median house price (ABS) fell just 2.1% in the 6 months to September. Moreover, the RPdata-Rismark series show modest rises in house prices in both September and October. ... if Australia can avoid a deep recession we remain confident that falls in house prices will be limited." - December 2008
"Since peaking in early 2008, the national median house price has fallen by 3.9% and weak sentiment, a deteriorating economic environment and rising unemployment present further downside risks. However, there remain strong reasons to expect that we will avoid a US-style house price collapse. ... we still believe Australian house prices will experience a relatively soft landing. Peak to trough we expect the median national house price to fall by around 6%, which while significant, pales next to the 50%+ (and counting) collapse in equities." - March 2009
