House prices fall as property on shaky foundations

House prices in Australia have started falling, as approvals for new apartments tumble. With JobKeeper and loan deferrals set to end in September, the overall effect will be a property industry under price pressure. Also today: Victoria experiences its worst day of COVID-19 community transmission Why the revolution in banking in Australia started yesterday And how to make $200-million in just 18 months Plus an interview with retired Vice-Admiral Paul Maddison about the federal government’s $270 billion defence package. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.