Kyle Barrett
@KyleBarrettTAS
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💬 Australian Property Updates - 📍 Tasmania | Australia - Property Representative- Town & Country Real Estate Tasmania
Launceston, Tasmania
Joined July 2019
New home sales jumped 19.3% in January, according to the Housing Industry Association, one of the strongest monthly results in a year. Victoria led the surge, with gains across all five states. #Housing #RealEstate #PropertyMarket
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January inflation holds at 3.8%, but core (trimmed mean) ticks up to 3.4%, above the Reserve Bank of Australia’s 2–3% target. With housing up 6.8% and rates already at 3.85%, another hike is looking more likely. #auspol
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Rates aren’t 17% like 1990, but that misses the point. In 1990, household debt was 67.9% of income. Today it’s 176.1%. Housing debt alone: 31.5% → 132.4%. We’re carrying nearly 3x the debt, so rate rises hit faster & harder. #InterestRates #RBA #HousingMarket
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Australia’s jobless rate held at 4.1% in January, with +17.8k jobs and a shift toward full-time work. A tight labour market keeps pressure on rates as the Reserve Bank of Australia weighs inflation risks. #auspol #RBA #economy #interestrates
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The City of Launceston 30.4 hours worked for 38 hours paid proposal has been ABANDONED after strong industry and community advocacy. 👏 #politas
https://t.co/STCDzlTUG3
examiner.com.au
Council employees will now be offered a 5 per cent pay rise.
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Rents are soaring across Australia. Up 66% in WA and over 40% in NSW in five years, while wages rose less than 20%, per Australian Bureau of Statistics data. The ACT shows supply matters: more homes, steadier rents. #HousingCrisis #Renters #AusPol #CostOfLiving
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Foreign investment in Australian housing was largely unchanged in the June 2025 quarter. FIRB approved 917 residential proposals worth $1.3b (China $0.3b, Taiwan $0.2b). Levels remain well below earlier in the decade and still make up a small share of demand.
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Listings ticked up in January (+3.1%), but Australia’s housing supply is still tight. Total homes for sale are 11% lower than a year ago, keeping price pressure on, especially in Brisbane, Perth & Adelaide. 🏠📈
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Staw poll taken of 100 local Launceston voices on 30.4 hours labour of 38 hours pay. 7 in support. 2 of which in support working at City of Launceston. #politas
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⚠️BREAKING NEWS – INTEREST RATES ⚠️ The Reserve Bank of Australia has increased the target cash rate to 3.85%.
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