11/09/2026
3 things happened in the last 24 hours that will impact property prices in Australia.
1. 30-year US Treasury yields jumped above 5.36%, the highest level since the run-up to the global financial crisis. This means that the interest costs of US government debt increases and becomes more expensive. This is also happening with Australian Government bond yields. The cost of Australian Government debt will increase by billions of dollars, ultimately to be funded by Australian taxpayers. Since the Australian Government will not do anything to curb excessive spending, the RBA is likely to increase the cash rate as a result.
2. The price of oil has rocketed above $109 a barrel, some $8 higher than the day before. The price of oil feeds into the price of everything, resulting in higher inflation. Again, the RBA will be forced to increase the cash rate.
3. Donald Trump plans to give a $5000 “dividend” to all American adults if his party wins the upcoming midterms. This will add another US $1.4 trillion to US Government debt which will push up inflation, increase the cost of government debt (funded by taxpayers) and result in a higher cash rate. When the US sneezes, Australia catches a flu.
These 3 events over the past 24 hours will no doubt result in the RBA increasing the cash rate. This could be a series of 3 or 4 x 25 basis points increases between now and early 2027.
People who hold assets will ultimately be better off as assets will continue to rise in value.
Given Australia has structural problems with high building costs, builders and developers going bust, excessive planning red tape, excessive numbers of year on year immigration and limited supply of housing to house the never ending flow of immigrants, this means property prices will continue to rise in the mid to long term.
Perhaps now is the best buying opportunity in a generation, particularly in Brisbane.
Contact Nathan Buckley to discuss your best buying options in Brisbane today.