How long will Australia's housing downturn last? | 7.30
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Are house prices crashing or just correcting? With prices declining, a suite of tax changes taking effect and interest rates rising, many Australians are asking what's next for the housing market. The US Federal Reserve's decision to lift rates has also renewed pressure on the Reserve Bank ahead of its meeting later this month. While economists say prices should start to recover next year, Australia's housing problems are expected to take longer to fix. Angelique Donnellan reports. 7.30 is the ABC's flagship current affairs program, delivering original journalism, exclusive investigations, in-depth analysis and interviews on the major issues affecting Australia and the world. With on-the-ground reporting from ABC journalists across every state and territory and around the world, 7.30 has the latest on politics, policy, the economy, cost of living, housing, health, climate and energy, national security and global affairs. Presented by Sarah Ferguson, 7.30 scrutinises the decisio
Tags: abc news, australian news, abc news indepth, documentaries, long-form journalism, abc 730, 730 report, housing crisis, property market, australian housing, house prices, real estate, interest rates, first home buyers, property news, housing australia, property australia
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