It was 'unfathomable' to New Zealanders that house prices would fall 30 per cent. Then it happened. PETER VAN ONSELEN on the grim signs Australia is following the same path
2 sources·Updated August 17, 2026

Covered by 2 sources
- The West Australia·1h ago‘Hard road’: Chalmers stands by tax tweaks amid house price tumble
Fresh polling shows most Australians back falling house prices, as analysts predict a historic market correction.
Read at The West Australia → - Daily Mail News·23h agoIt was 'unfathomable' to New Zealanders that house prices would fall 30 per cent. Then it happened. PETER VAN ONSELEN on the grim signs Australia is following the same path
Labor's gamble to engineer cheaper housing is colliding with a property market that has deteriorated sharply since Jim Chalmers' property tax shake-up.
Read at Daily Mail News →