Your Property People

17/06/2026

16/06/2026

The Reserve Bank has kept interest rates on hold, leaving the cash rate unchanged at 4.35%.

While inflation remains higher than the RBA would like, the latest figures paint a mixed picture. Headline inflation has eased, while underlying inflation, the measure the RBA watches most closely, has edged slightly higher.

What does this mean?

For now, the RBA appears comfortable taking a “wait and see” approach after three consecutive rate rises.

Policymakers have indicated rates may now be high enough to slow the economy, while they continue monitoring inflation and household spending.

For property owners and investors, stability in rates provides some breathing room. But as always, markets don’t move equally, and understanding where opportunities still exist remains important.

YPP. Build your tomorrow. Today.

15/06/2026

Hope you’ve had a great start to your week! Monday’s can often be a drag, so here’s a story to mix it up a little for you.

In 2014, Virginia farmer Jeremiah Heaton told his daughter Emily that she would one day be a princess. Being a man of his word, he immediately started researching how to make that happen, and discovered there was one place on Earth still unclaimed by any nation: Bir Tawil, an 800-square-mile stretch of uninhabitable desert on the border of Egypt and Sudan.

The land had been unclaimed since a border discrepancy drawn in 1899 and 1902 left both Egypt and Sudan refusing to claim it, because doing so would mean surrendering a much larger, more valuable piece of land nearby. So both countries effectively said “no thanks” and walked away.

Heaton trekked 14 hours by caravan across the Egyptian desert, planted a homemade flag on Emily’s 7th birthday, and declared himself King and his daughter Princess of the new Kingdom of North Sudan.

Disney then purchased the film rights to the story, planning a movie called The Princess of North Sudan. A documentary about Heaton, The King of North Sudan, premiered at the Austin Film Festival in 2021.

Sadly for Jeremiah, the United Nations has not recognised any claimants as Bir Tawil's legitimate ruler. A spokesman for the UN secretary-general told The Washington Post that the UN's role did not include defining a country's borders.

The local population, notably some groups of the nomadic Ababda people who do cross this area, have reacted unfavorably to attempts to claim their lands over the internet. Whilst they mostly welcome rare visitors, they are also armed well enough to repel foreign occupiers, so don’t get any ideas if you want to make your daughter a princess too!!!

If you’re looking for land, let us help. There are easier and less life-threatening options available via Your Property People!!

12/06/2026

Earlier this week, we shared a video of Jason at Kosciuszko. Now, normally people walk to the summit. Not our friend. He runs 🤦🏼‍♂️😂.

YPP. Build your tomorrow. Today.

09/06/2026

Interest Rate Relief on the Horizon?

After a long period of higher interest rates putting pressure on household budgets, there may finally be some welcome news ahead.

NAB and Commonwealth Bank, are now forecasting that the next move in interest rates is likely to be down, as signs emerge that the Australian economy is slowing.

Recent ABS data showed economic growth slowed to just 0.3% in the March quarter, down from 0.9% previously, whilst GDP per person actually declined.

In simple terms, the economy is still growing, but momentum does appear to be fading.

NAB Chief Economist Sally Auld says conditions have changed significantly since earlier this year, with growth slowing and tighter financial conditions weighing on activity. While inflation and employment figures still remain important, NAB believes the next move by the RBA is likely to be a cut.

What could this mean?

1. Potential relief for mortgage holders.
2. Improved borrowing capacity over time.
3. Greater confidence returning to the property market.

While the NAB now has greater confidence that Australia’s next interest rate move will be down, it is less certain about when that will happen. Rates may hold for a while if inflation proves to be stubborn. However, after abandoning its previous forecast of an August rate rise, NAB now anticipates the official cash rate to drop from 4.35% to 3.6% by the end of 2027.

The Reserve Bank will announce its next cash rate decision at 2.30pm on June 16, with economists and financial markets widely expecting rates to remain on hold.

09/06/2026

Recently, Jason visited Mt Kosciuszko, and took a moment to share a few thoughts. Now, truth be told, Kosciuszko for Jase, is like walking up office stairs! Seriously, the guy summits mountains that are over 8km above sea level and have serious fatality rates. Anyone heard of Annapurna?

We were going to suggest googling it, but to save you the hassle, here’s a link! He did this mountain two years ago. As of February 2025, 559 people had reached the summit of Annapurna, while 75 have died in the attempt.

https://en.wikipedia.org/wiki/Annapurna

Some people have an interesting take on what “fun” is!!!

04/06/2026

AI to Speed Up Approvals.

The Federal Budget has allocated funding for AI to be used to help speed up assessments of housing and energy projects awaiting environmental approval.

It has allocated $105.9 million over four years to develop an AI tool to help with the assessments. It also commits $500 million to implement environmental reforms, including about $250 million to establish the National Environmental Protection Agency.

Treasurer Jim Chalmers believes the AI assistance will help increase housing supply. Housing Industry Association managing director Jocelyn Martin says that modernising approval systems will provide greater certainty for builders, developers and investors, while maintaining strong environmental protections.

“We want systems that are fit for purpose. Systems that deliver a faster yes or a faster no. That certainty is essential to getting projects moving and homes built sooner.” She added “a digitally enabled, nationally consistent framework will reduce delays caused by the same information being assessed multiple times by different agencies. Removing that duplication is critical if we are serious about increasing housing supply.”

For more stories like this, visit us at www.ypp.com.au