Episode 92: Sydney’s Property Underquoting Scandal

Hosts Ciaran O'Brien and Peter O'Malley break down the Reserve Bank’s 0.25% interest rate cut — the third in 2025 — and what it means for property buyers and sellers. At the same time, Sydney’s real estate sector is reeling from a major underquoting investigation, with high-profile agents and systemic practices under the microscope.

We also discuss:

• Sydney Morning Herald exposé on widespread underquoting practices
  Four-month suspension for top agent Josh Tesolin
• RBA decision to lower the cash rate to stimulate a slowing economy
• Impact of three consecutive cuts on borrowing capacity and buyer sentiment
• NSW Fair Trading’s crackdown on misleading price guides
• “Auction bunnies” and the psychological toll of repeated buyer disappointment
• Auction clearance rates holding steady at 52.6% amid rising spring listings

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