Finance & Property Outlook

Finance & Property Outlook

ECONOMIC OUTLOOK: GLOBALLY, NATIONALLY, AND LOCALLY

David Lowe

The world economy in 2026 is navigating a landscape defined less by the post-pandemic recovery and more by a new set of structural tensions, personified by the erratic current resident of the White House. The impacts of climate change are also increasingly being felt, particularly by the insurance industry.

Globally, GDP growth is projected at around 3.3 per cent in 2026. This is supported by robust tech investment, fiscal and monetary policies, and the private sector’s ability to adjust despite evolving trade policies, but the headline number masks deep unevenness.

Much of the heavy lifting is currently being done by big tech and AI, which faces an uncertain future. The decline of the United States and the rise of China seem likely to change the shape, size, and rules of the global economic playing field.

Right now, the dominant risk facing the world economy is trade policy uncertainty. About six in ten business leaders point to changes in trade policy, including tariffs, as one of the greatest risks to global growth, with geopolitical instability or conflicts cited second most often.

US tariff escalation, which accelerated sharply through 2025, has rippled through supply chains, dampened investment confidence, and added inflationary pressure across major economies. Frequent policy shifts may be benefitting traders with inside information, but for everyone else they are increasing uncertainty, discouraging investment, and disrupting supply chains. Smaller and less

and trade volatility.

China, Australia’s largest trading partner, remains a key variable. Growth in China is expected to moderate a little in 2026 and 2027, with year-average GDP growth forecast at 4.5 per cent in 2026 and perhaps 4.4 per cent in 2027, as the Chinese economy contends with weak household demand, real estate scandals, declining investment, and the ongoing fallout from trade and geopolitical tensions.

For Australia, a slowing China means softer demand for key exports including iron ore, coal, and gas – a pressure point that will be felt well into the medium term.

The national picture

Until the US and Israel invaded Iran, Australia appeared to be experiencing a genuine but carefully qualified recovery. Earlier this year the International Monetary Fund (IMF) suggested real GDP was forecast to grow by 2.1 per cent in 2026, with the lagged impact of monetary easing and improving consumer sentiment supporting wage growth and new investment. Rate rises and skyrocketing fuel prices have since dented such optimism.

The challenge now is managing inflation’s persistence. The RBA raised its cash rate target by 25 basis points to 4.1 per cent in March 2026, based on its judgement of a material risk that inflation will remain above its 2-3 per cent target range.

This caught some forecasters off guard and signals that while the recovery is real, it’s not unencumbered. Productivity growth remains weak – a structural concern that limits how fast the economy can expand without reigniting price pressures.

As Sally Auld, Chief Economist at NAB has pointed out, bringing inflation back within target will likely require below-trend growth, higher unemployment, and interest rates remaining elevated for longer.

On the labour market, conditions remain resilient but are beginning to ease at the margins. Demand for labour is softening, job vacancies have come down from peak levels, and federal Treasury forecasts suggest unemployment will edge up to around 4.5 per cent by the end of 2026, with the number of part-timers seeking more work also rising. Participation rates remain high.

Obvious risks to Australia’s economic outlook include

slower growth and higher inflation. External threats such as global trade tensions, financial instability, and volatile commodity prices will potentially dampen demand and employment, along with more workers being displaced by AI. Australia’s terms of trade (the ratio of export to import prices) are expected to deteriorate as commodity prices soften, with export earnings from resources likely to have already peaked. Terms of trade are forecast to fall as much as 6 per cent in 2026-27.

New South Wales

Under the stewardship of Treasurer Daniel Mookhey, NSW is making measured progress after inheriting a deeply challenged fiscal position. The current budget forecasts a deficit of $3.4 billion for 2025-26, down from $5.7 billion the year before, with a pathway to a surplus of $1.1 billion projected by 2027-28. This is underpinned by a sharp reduction in expense growth, now averaging just 2.4 per cent per year, down from 8 per cent over the previous four years.

The Minns government’s economic strategy is centred heavily on housing, arguably the most acute pressure point for NSW residents. The government has committed $1 billion to a pre-sale finance guarantee, becoming the guarantor of new housing projects on a rolling basis, aiming to bring forward up to 15,000 extra market homes over five years and create 1,500 jobs.

In Sydney, consumer price inflation declined to 2.3 per cent in 2024-25 (below the national average) with wage growth expected to outpace inflation by at least 0.5 per cent across the forecast period.

Beyond housing, the state government is investing in industries which it hopes will define its next growth phase. A new Investment Delivery Authority has been created to fast-track non-residential investments over $1 billion, with the potential to bring over $50 billion of investment per year into the state.

Innovation, clean energy transition, and digital infrastructure are highlighted as priority areas, but it should

Finance & Property

Northern Rivers

The big structural challenge for NSW remains productivity. Investment in skills, infrastructure, and technology is yet to translate into genuine output gains. As global headwinds persist and the commodity-driven tailwinds of recent years fade, NSW’s future prosperity will depend increasingly on how well it builds the economic foundations beyond the resources boom.

be noted that the centralisation of planning functions in Sydney is likely to come at the cost of regional local government control, along with environmental oversight.

The big structural challenge for NSW remains productivity. Investment in skills, infrastructure, and technology is yet to translate into genuine output gains. As global headwinds persist and the commodity-driven tailwinds of recent years fade, NSW’s will depend increasingly on how well it builds the economic foundations beyond the resources boom.

The Northern Rivers is better placed than most parts of regional Australia to weather whatever economic storms may be on the way, due to its diverse economic base and high concentration of innovative, forward-looking business owners. That said, there’s no room for complacency, with the latest local business survey data suggesting that confidence is down and costs are up.

Business NSW economist and public policy specialist Nathan Wallwork says businesses across the region are navigating ongoing pressure from insurance, energy, taxes and regulatory burden, while continuing to manage workforce challenges.

How do you find necessary workers when housing prices are so high? How do you balance the competing desires of residents, tourists, and property investors?

There is a clear role for government in improving transport, health, and infrastructure to support both workers and business owners, but the Northern Rivers is a long way from Sydney, and can sometimes feel left out of crucial discussions.

Member for Lismore and Minister for Small Business, Recovery and the North Coast, Janelle Saffin, recently described the Northern Rivers as one of the state’s most dynamic regional economies, showing unmatched resilience through multiple disasters, and Premier Chris Minns has lauded the confidence and optimism of local businesses in a ‘difficult economic environment’, but it’s yet to be seen whether changes at the state government level will deliver promised improvements locally.

In a big picture sense, there are many reasons to be positive about the economic outlook of Australia, in spite of the challenges, with population growth, natural resources, and proximity to the markets of Asia among the obvious drivers. As in the microcosm of the Northern Rivers though, the challenge remains to protect what makes this place special, while offering economic opportunities to those who live here, and not delivering all the wealth beyond the region.

Finance & Property Outlook

CONSTRUCTION MILESTONES DRIVE STRONG FIRST QUARTER SALES AT BANYAN HILL

Stage 10 and 11 completion and Hilltop Park delivery by mid-year underpin buyer confidence at Ballina’s emerging lifestyle address.

Momentum continues to build at Banyan Hill as major construction milestones across the estate align with a strong first quarter of sales, reinforcing buyer confidence in one of the Northern Rivers most anticipated new residential communities.

Construction of Stages 10 and 11 is now well advanced and on track for completion by mid year, marking a significant step forward in the delivery of the masterplanned community. At the same time, works are progressing on Banyan Hill’s landmark Hilltop Park, which is also scheduled for completion mid year and will form the elevated green heart of the estate.

Positioned at one of the highest points within the community, Hilltop Park has been designed to offer landscaped recreation spaces, sweeping outlooks and a strong sense of arrival – cementing its role as a defining feature of Banyan Hill’s premium positioning.

This visible on site progress has translated directly into market momentum. Across the first quarter, Banyan Hill has recorded 23 homesite sales, generating approximately $13.2 million in revenue, signalling a clear uplift in buyer activity and renewed confidence in the new home market.

Sarah Cobb, Sales Manager, said the pace of construction and certainty around delivery timelines are playing a key role in buyer decision making.

‘As buyers see stages nearing completion and Hilltop Park really taking shape, confidence in the project accelerates,’ Ms Cobb said. ‘We’re seeing a decisive shift back toward the off the plan house-and-land market. In many cases, buyers are securing brand new homesites at a discount of more than $100,000 compared with established homes in comparable catchments.’

“That value gap, combined with price certainty, contemporary design and future amenity, has become too compelling to ignore. The strength of first quarter sales reflects buyers acting decisively as construction progress makes the opportunity increasingly tangible.’

To further support buyers entering the market, Banyan Hill is currently offering the opportunity to secure a homesite with a $10,000 deposit, providing an accessible pathway into the market as construction continues to advance across the estate.

With elevated homesites, coastal proximity and amenity now visibly emerging on site, Banyan Hill continues to strengthen its reputation as one of the Northern Rivers’ most compelling lifestyle communities – well positioned to benefit from sustained population growth and ongoing housing demand across the region

For enquiries or to secure remaining homesites visit banyanhill.com.au,or contact Sarah Cobb on 1300 326 197.

epic ocean view. The region’s best beaches just a short drive away. The magic of the hinterland on your doorstep. And the charming Ballina and Lennox townships offering everything you expect from contemporary coastal towns just down the hill. With strong buyer momentum and limited lots remaining, now is the time to secure your future at Banyan Hill. Visit the website to learn more.

EIGHT OUT OF TEN AUSTRALIAN COMPANIES HAVE AN ATO TAX DEBT

In an increasingly tough economic climate, many business owners across Australia are feeling the pressure. Higher petrol and diesel prices,  two recent interest rate rises, inflation, tighter lending conditions and growing regulatory demands are making it harder for companies to stay afloat. For directors, the stakes are even higher, with legal responsibilities adding another layer of stress when finances begin to falter.

It’s in this environment that firms like BDK Risk Management are helping directors navigate financial distress, stepping in to support local businesses before problems spiral out of control.

Based in the Northern Rivers, with additional offices in Sydney, Melbourne and Brisbane, BDK Risk Management works with directors and business owners facing financial difficulty. Their focus is on helping businesses stabilise, manage debt and find a path forward – whether that means recovery, restructuring, or, in some cases, an orderly exit.

Financial distress can happen quickly. A downturn in trade, unexpected expenses, tax debts or pressure from creditors can all place a business under strain. For directors, these challenges are often compounded by their obligation to act in the best interests of the company, even as options narrow.

According to BDK Risk Management, one of the most important steps is seeking advice early. The firm begins by conducting a detailed review of a company’s financial position, looking at debts, risks and overall viability. From there, they work with directors to develop practical, tailored strategies.

A key part of this work is debt resolution. Businesses under pressure often face multiple creditors demanding payment at once. Through negotiation, it’s sometimes possible to reach agreements that reduce the overall debt or restructure repayments into something more manageable. This can give businesses the breathing space they need to continue operating.

Access to funding is another critical piece of the puzzle. For some companies, securing the right financial support at the right time can mean the difference between survival and closure. BDK Risk Management connects clients with lenders and funding partners who understand turnaround situations, helping to support recovery efforts.

In other cases, more significant changes are needed. Business restructuring can involve reorganising finances, adjusting operations or developing a new strategy to restore viability. While this can be a difficult process, it can also provide a fresh start for businesses willing to adapt. Not every situation can be resolved, however. When insolvency or liquidation becomes unavoidable, directors still need guidance to navigate complex legal and financial processes. Professional support can help ensure compliance while reducing personal risk as much as possible.

One area that often catches directors by surprise is tax debt. Many are unaware that company tax liabilities can, in certain circumstances, become a personal responsibility. Complicating matters further, the Australian Taxation Office (ATO) generally will not negotiate directly with directors or their accountants in these situations. Instead, regulated restructuring firms must be engaged.

BDK Risk Management works alongside these regulated specialists to manage negotiations with the ATO and the corporate regulator, ASIC, helping directors understand their position and options.

A recent case highlights what can be achieved with early intervention. The firm assisted a Melbourne-based director facing a $1 million company tax debt. By working with a regulated restructuring partner, they were able to negotiate a settlement of just 14 cents in the dollar. The outcome not only prevented bankruptcy but also allowed the business to continue operating – all within a three-month period.

Contact: Ben Kirkpatrick Director, BDK Risk Management info@bdkriskmanagement.com

M    :  0410 330 500

PH  : 1300 012 714 www.bdkriskmanagement.com

YOUR GUIDE TO REFINANCING YOUR HOME LOAN – WITH A LOCAL EXPERT

With interest rates and lending policies constantly changing, many local homeowners may be paying more on their mortgage than they need to. According to local mortgage broker Sam Iaconessi, reviewing your home loan regularly can make a significant difference over time.

‘Many people think once their loan is set up, that’s it – but lenders are always competing for new customers,’ Sam says.

‘That means there are often better deals available, even just a year or two after taking out a loan.’

Refinancing isn’t just about chasing a lower rate. It can also help homeowners access equity, consolidate debt, or move to a loan with features that better suit their lifestyle – such as an offset account or flexible repayments.

Step 1: Start with a simple home loan review

Sam offers a quick, no-obligation review to help homeowners understand where they stand. By looking at a few key details – such as the current loan, interest rate, and general financial position – he can compare it against a wide range of lenders.

‘We’re able to show people what’s available in the current market and whether switching could actually save them money,’ he explains. ‘Sometimes the savings are substantial, sometimes the current loan is still competitive – but either way, it’s worth knowing.’

Step 2: Explore your options with expert guidance

If there’s a better option available, Sam works closely with clients to understand what they want from their loan –whether that’s a lower rate, more flexibility, or access to additional funds.

As part of Mortgage Choice, he has access to a panel of more than 35 lenders, including major banks and specialist lenders. This means he can match clients with a loan that suits their individual circumstances – even if their situation has changed since they first took out their mortgage.

Understanding

the costs

Refinancing can involve some costs, such as discharge fees from the existing lender or application and settlement fees with a new one. In some cases, lender’s mortgage insurance may also apply.

Sam ensures clients have a clear breakdown of all costs upfront, so they can make an informed decision about whether refinancing is worthwhile.

Step 3: A smooth application process

If a client decides to proceed, Sam manages the process from start to finish. This includes helping gather the necessary documents, submitting the application, and coordinating the transition between lenders.

‘We aim to make the process as simple and stress-free as possible,’ he says. ‘From application through to settlement, we handle the details so our clients don’t have to.’

How long does it take?

While timeframes can vary, loan approvals can happen within days, and most refinances are completed within a few weeks.

Thinking about refinancing?

For local homeowners curious about whether they could be doing better on their current loan, Sam offers a straightforward place to start.

Sam can be contacted on 0400 435 833 or via email at sam.iaconessi@mortgagechoice.com.au for a noobligation chat.

Sam helps local homeowners refinance, reduce repayments, and find smarter loan options. With access to over 35 lenders, Sam compares the market to find a loan that suits your needs—whether it’s a better rate, more flexibility, or accessing equity.

AS SAFE AS HOUSES

Are there alternative investment options other than bricks and mortar?

Ian Elderman

Australian investors have traditionally favoured bricks and mortar for a safe, reliable investment. This is partly due to the tangible and emotional satisfaction of ownership – often associated with wealth and success – but also, impressive returns. According to Propertyology, median house values in Byron Bay have risen 845 per cent over the past 25 years (above Brisbane 760 per cent and only below Cessnock 880 per cent). This preference is deeply embedded in the Australian psyche, but things have changed since the days of chatting on Nokia mobiles, sending faxes, and posting letters with a 34-cent stamp. In today’s world of advancing technology, where a substantial stake is now needed to enter the property market, intergenerational property transfer is a given, and a housing crisis distorts supply and demand, are there alternative investment options other than bricks and mortar?

Alternatives to bricks and mortar but still real estate

There are alternative real estate investments other than buying a house in a desirable area, waiting, and watching its value rise, including: Commercial Real Estate Debt (CRED) which involves financing the purchase, development, or refinancing of commercial properties, allowing investors to earn interest payments while managing risks through secured loans. This market is growing due to increasing demand for property and a shift away from traditional bank lending, offering stable income and low risk; Real Estate Private Credit where investors provide loans secured by real estate assets, offering consistent returns through interest payments. This investment strategy has gained popularity as it fills the funding gap left by traditional lenders, and provides a safer option for capital preservation, offering diversification and potential for higher returns; Real Estate Investment Trusts (REITs) which allow investment in real estate without directly purchasing property. Instead, shares are purchased in a company that owns, operates or finances a portfolio of income-producing real estate

assets; Build to Rent Developments which are large-scale, purpose-built rental housing projects that are professionally managed and held under single ownership to provide long-term rental income. These developments aim to provide more rental housing choices and often include amenities like on-site management and communal spaces; and, for those that don’t have initial capital for a house deposit, Rent to Own Agreements allow a property to be rented with the option to purchase it later – a portion of the rent payments contributes to the down payment, thus building equity while living in the home, making it easier to transition to ownership.

Traditional alternatives to bricks and mortar

Shares – investing in the share market has traditionally been a way to build wealth over time. Shares are historically considered a long-term strategy because they typically appreciate in value, allowing investors to benefit from compounding returns and the growth of the underlying companies. This approach helps investors ride out shortterm market volatility and achieve higher returns compared to short-term trading. But the London School of Economics and Political Science warns of an uncertain future for the share market due to unpredictable world politics, climate change, erratic weather events, fossil-fuel transition, and especially the unknown implications of the rapid growth of AI and its associated energy demands. This may affect investor confidence and stability in the future, both for capital growth and dividends, even over the longer term.

Exchange-Traded Funds – ETFs have become a popular choice for investors who want to build portfolios without the complexities of managing individual stocks, also EFTs often have lower fees and are more tax efficient. When you invest in an ETF, you don’t own the underlying investments, you own units in the ETF, and the ETF provider owns the shares or assets. Funds are traded on stock exchanges, allowing for diversification of investments over a wide

The returns of ethical investing may never match those of bricks and mortar, but maybe that’s acceptable if alignment with personal values, peace of mind, and building a positive future for the next generation is more important than building more bricks and mortar investment properties.

range of assets, including index funds and bonds, and can focus on sectors of the share market, for example, new technologies.

Using an advisor to structure an investment portfolio based on appetite for risk – for those who lack time or financial literacy, an investment adviser can provide expert guidance and personalised strategies (for a fee or percentage of earnings) tailored to personal financial goals, helping to manage a bespoke investment portfolio effectively. They can also assist holistically and align investments with retirement-planning, tax-efficient strategies, and navigating more complex financial situations, including constructing family trusts.

Peer-to-peer lending – P2P, ‘crowd lending’ or ‘social lending’ connects individual borrowers with individual investors. This is a relatively new concept in Australia, although it is well established in the US and the UK. Popular online P2Ps include Society One, Plenti, Our MoneyMarket, and ThinCats Australia. Investing in P2P lending offers the potential for higher returns compared to traditional savings (around 6-7 per cent per year) for those willing to accept the risks such as borrower default and economic vulnerability.

Trending alternatives to bricks and mortar

Ethical investing – An ethical investment strategy involves selecting investments that focus on companies that

prioritise environmental, social, and governance (ESG) factors. The returns of ethical investing may never match those of bricks and mortar, but maybe that’s acceptable if alignment with personal values, peace of mind, and building a positive future for the next generation is more important than building more bricks and mortar investment properties. According to the Responsible Investment Association Australasia (RIAA), 88 per cent of Australians expect their investments to be responsible and ethical. This has increased from 83 per cent in 2022, showing a growing trend towards ethical investing. Australian Ethical is a good place to start – they consider negative screening (weapons, fossil fuels, gambling) and positive screening (sustainable agriculture, renewable energy, cruelty-free), high-impact investing, managed funds, EFTs and shares.

Investing in start-ups – smart, exciting business opportunities (often new technologies) can offer lucrative returns and tax incentives. Some ways to invest in innovative start-up companies include: Angel investors who are individuals providing capital to early-stage startups in exchange for equity or part ownership. (https://www. angelcheck.ai/blog/how-to-start-angel-investing); Venture capital funds which pool money from multiple investors to invest in financing startup, early-stage, and emerging companies that have high growth potential. The Australian government offers several programs to encourage venture capital investment including tax offsets, exemption from capital gains tax, Pooled Development Funds (PDF) and

Australian Venture Capital Fund of Funds (AFOF) – this fund supports venture capital fund managers and investors with further tax incentives. (https://www.venturecrowd.com. au/s/); and also crowd-sourced funding where startups raise capital from a large number of investors through online platforms which are strictly regulated by ASIC and the Australian government. (https://www.pilotpartners. com.au/insights/crowd-sourced-funding/).

The future of investing is likely to be shaped by the rise of digital assets and innovative payment systems, which may change how money is perceived and utilised. Developments such as sustainable investing and the integration of technologies with AI are expected to play significant roles in shaping investment strategies. The Future of Investing: 2024/25 Edition by Franklin Templeton gives a good overview of current global trends.

Generally, the investment landscape is becoming more complex, with a shift towards high-probability outcomes rather than speculative trading; investors are likely to focus on robust portfolio construction that can withstand market volatility, therefore bricks and mortar will remain a viable strategy in Australia, especially while tax breaks like negative gearing and depreciation deductions exist. There are certainly other alternatives to consider – but where you decide to invest will first mean a considerable investment of time doing research, so you can be sure that, if you don’t put your money into bricks and mortar, it is at least ‘as safe as houses’.

A CALMER WAY TO NAVIGATE PROPERTY –FROM MELBOURNE TO BYRON BAY AND BEYOND

Independent advocacy. Strategic clarity. Calm transaction leadership.

Property decisions do not just require timing – they require judgement. In a market shaped by speed, pressure and competing interests, that judgement can be difficult to access.

That is why a quieter, more strategic approach is gaining traction across the East Coast, particularly in lifestyle markets such as Byron Bay and the Northern Rivers, where relocation, investment and emotion often intersect.

At the centre of that shift is growing demand for independent buyer’s and vendor’s advocacy – professionals who sit on the client’s side of the table, not the transaction.

That is the model behind the collaboration between Byron Property Search and Master Advocates.

Mark and Michelle Errichiello, co-founders of Master Advocates, have recently relocated their family to Byron Bay after more than two decades operating across Melbourne and Victorian property markets. They now join forces with Michael Murray, Founder of Byron Property Search, one of Byron Bay’s first and most established buyer’s agents, bringing more than 25 years of advocacy experience and four decades of local insight.

Together, they offer something increasingly rare: a single point of personalised service and accountability, grounded in experience, local knowledge and independent judgement.

For clients, that means clarity in moments that often feel uncertain. Whether buying, selling, negotiating, bidding

at auction, or planning an investment property for leasing, their role is not to push a transaction forward, but to help clients assess position, understand value and make informed decisions with confidence.

Mark Errichiello is a second-generation real estate professional with more than 25 years of experience across agency, auctioneering, property management, and independent buyer’s and vendor’s advocacy. He has held leadership roles within national franchise networks, worked across residential and commercial transactions, and built a strong reputation in due diligence, negotiation and bidding strategy. His profile also includes public association with The Block (Phillip Island 2024), representing Australian billionaire Adrian Portelli/LMCT+. Beyond transactions, Mark has served in governance and board roles across state and national peak real estate bodies, industry committees, advocacy groups and traders’ associations, reflecting a broad and strategic perspective on property, people and place.

Michelle Errichiello brings more than 23 years of real estate operational strength, property and trust account management, buyer’s advocacy and discipline to the client experience as a licensed estate agent and officer in effective control, underpinned by a strong foundation in high-level customer service developed while working at one of the leading five-star hotels of the world. Her professional capability is matched by an extraordinary personal story of resilience. Following a life-changing workplace accident in 2007 that resulted in the traumatic amputation of her right leg, Michelle rebuilt, redefined and rose to represent Australia as a Paralympian. A gold medallist, multiple 100m and 200m sprint world-record holder, and Australian Institute of Sport scholarship holder, she competed in the T42 100m final at the London 2012 Paralympic Games, bringing resilience, preparation and disciplined execution to every client engagement.

Michael Murray brings deep Byron Bay and Northern Rivers expertise, with insight into local planning, zoning and best use, coastal and hinterland lifestyle drivers, key decision factors and long-term value. With more than 25 years as a buyer’s and vendor’s advocate and 40 years living and working in the region, he offers seasoned local knowledge that strengthens due diligence, feasibility and strategic acquisition and divestment advice. Together, the team offers two service pathways: full comprehensive advocacy across the entire transaction, and hybrid co-pilot services for clients who need expert support only at key stages.

A clearer process. A calmer voice. A stronger strategy.

BYRON PROPERTY SEARCH + MASTER ADVOCATES

Your property co-pilot across Byron Bay, Melbourne and key East

Buy well. Sell well. Bid well. With the right advocate beside you. Byron Property Search + Master Advocates is a collaborative independent property advocacy service supporting clients across Byron Bay, the Northern Rivers, Hinterland, Far North Coast NSW, Melbourne and key East Coast markets.

WHO WE ARE

Led by Mark and Michelle Errichiello of Master Advocates, in collaboration with Michael Murray of Byron Property Search, we provide a premium alternative to traditional real estate engagement – focused on strategy, independence and client-first outcomes.

WHAT WE DO

We help clients make better property decisions with confidence - whether buying, selling, investing or negotiating.

COMPREHENSIVE

ADVOCACY SERVICES

• Buyers Advocacy

• Vendors Advocacy and sale campaign oversight

• Due diligence, strategy, negotiation and auction or private sale bidding

• Residential and commercial property support

HYBRID CO-PILOT SERVICES

• Pre-purchase inspection and independent appraisal

• Comparable market analysis and due diligence

• Auction and private sale negotiation and bidding support

• Pre-settlement consultation and final inspection guidance

• Post-settlement consultation and project management

• Investor rental-ready planning

• Property management appointment and advisory support

Mark Errichiello: 0408 988 118 or mark@masteradvocates.com.au Consultation booking: calendly.com/masteradvocates

Coast markets

WHY CLIENTS ENGAGE US

• Independent advice, not sales-driven

• Decades of real-world property experience

• Strong Byron Bay, Northern Rivers and Melbourne market knowledge

• Priority access to on-market and off-market trusted property network acquisition opportunities

• Calm execution under pressure

• Personalised service and accountability

• Risk mitigation management

• Unlock value-add opportunities

• Align every acquisition or divestment with each client’s long-term personalised brief

WHERE WE SERVE

• New South Wales: Byron Bay, Byron Shire, Northern Rivers, hinterland and Far North Coast

• Queensland: Brisbane, Gold Coast and South East Queensland (extended partner network)

• Victoria: Melbourne (northern and western specialists), metro, coastal and regional - Victoria-wide

NORTHERN RIVERS PROPERTY MARKET HOLDS FIRM AS LIFESTYLE DEMAND DRIVES 2026 OUTLOOK

The Northern Rivers region of New South Wales continues to attract strong buyer interest in early 2026, with coastal communities in Byron Bay and surrounds maintaining robust property values despite broader economic headwinds. According to MANA Real Estate, the region’s unique lifestyle appeal is proving a powerful insulator against softening conditions seen in many metropolitan markets.

Recent market data reflects a high-value, low-volume market. Days on market across Northern Rivers region suburbs sat between 80 and 90 – steady, not stagnant. The broader Northern Rivers story is one of sustained demand meeting constrained supply. Ongoing migration from capital cities, particularly Sydney, continues to underpin buyer enquiry, with many purchasers viewing a Northern Rivers property not merely as a financial investment, but as an investment in quality of life. Wide beaches, leafy hinterland, a relaxed coastal pace, and a strong sense of community remain powerful drawcards.

House price growth has moderated from its pandemicera peak, and February’s interest rate movement has placed further pressure on borrowing capacity. However, historically low unemployment across the region is providing a meaningful stabilising force. MANA Real Estate anticipates that housing values will continue on a modest upward trajectory through the remainder of 2026, with growth increasingly concentrated at more accessible price points.

Fluctuating consumer sentiment, global economic conditions, and the evolving interest rate environment mean that timing the market is key. This is where the quality of a property’s marketing campaign can make the difference between a good result and a great one. MANA Real Estate’s exclusive ELEVATE campaigns are designed to do exactly that – using advanced technology and data-driven strategies to ensure a property reaches every qualified buyer and commands attention in a crowded field. It’s an approach that goes well beyond a listing and a signboard, combining digital reach, professional

presentation, and proven negotiation expertise to deliver the best possible outcome for sellers, regardless of market conditions.

For homeowners curious about their property’s current value, MANA Real Estate offers complimentary appraisals across the Northern Rivers. Contact the team today to find out what your most significant asset is worth in today’s market.

For enquiries, visit manare.au or call MANA Head Office 02 6680 5000.

Finance & Property Outlook

INTEREST RATES/MORTGAGE CHANGES AHEAD

Aslan Shand

There were two interest rate hikes, in February and March 2026 due to increasing inflation, which has remained high. This followed three cuts to the interest rates in 2025 that saw some relief for mortgage holders, however, the Australian mortgage landscape looks to remain challenging with further interest rates being predicted throughout 2026.

The Reserve Bank of Australia (RBA) uses monetary policy to try and keep inflation, a measure of how fast prices are rising, between 2 and 3 per cent. With inflation continuing above the target band the RBA will likely look at raising the cash rate.

This is likely to see interest rates rising for mortgage holders as the interest rates change relative to the RBA cash rate which currently sits at 4.10 per cent. Some banks and analysts are predicting a cash rate increase to 4.35 per cent at the next RBA Board meeting (www.asx.com.au) particularly with the uncertainty of the war in the Middle East. They are also predicting that the multiple hikes to the cash rate could push it as high as 4.85 per cent later this year.

Banks, credit unions and brokers are clear that the earlier you contact them, if you feel you might be entering mortgage stress, the better able they are to respond and assist you with managing your financial situation.

High energy costs, rising wages, and global supply constraints, particularly the impact of the conflict in the Middle East are acting as drivers of continued inflationary pressure here in Australia. The RBA has projected that the cash rate could stay elevated throughout 2027 with inflation not coming down to the target band until mid2027 which will see mortgage rates rising throughout 2026 and possibly into 2027.

For mortgage borrowers this means there will be a flow-on effect to how much they are paying on their mortgage. For a $500,000 mortgage (assuming a 30-year term), each 0.25 per cent interest rate rise adds roughly $75 to $105 per month to repayments.

The immediate impacts will be felt by people holding a variable rate home loan as the mortgage rate increases as the banks are currently passing the rate increases on fairly quickly.

People with a split mortgage will experience less impact immediately as only part of their loan is variable while those with a fixed rate are secure in their repayments until their fixed rate period ends. Fixed rate mortgages are normally set from between one to five years and when either a portion or the entire fixed rate mortgage deal expires then transitioning to the higher rate can be a refinancing shock to mortgage holders.

With the banks passing on the RBA interest rate rises relatively quickly, it is reducing the maximum borrowing capacity for new home buyers, though there is some help for first time home buyers from the government.

While the mortgage rate appears set to keep rising in the near future, due to market demand as a result of a shortage of housing and population growth, property prices have so far remained resilient.

Sydney and Melbourne have seen a slowing in their property market values while Brisbane, Perth, Adelaide and the Northern Rivers remain relatively strong markets due to strong demand and limited supply.

On the Northern Rivers the housing supply shortage means there is a sustained demand for housing, as many people seek a lifestyle change. This is apparent in the coastal areas including Lennox Head, Byron Bay, Ballina and the Tweed Coast which are all areas of high demand.

The increase in interest rates has seen the portion of Australian homeowners considered ‘at risk’ of mortgage stress (when repayments are 25 to 20 per cent of household income) rise to 24.9 per cent of mortgage holders (approximately 1,317,000 people) in February with it predicted to rise to 28.8 to 28.9 per cent in April 2026.

With the predicted continued rate rises it is important to

take a look at your home loan and determine how you will manage future rate rises.

Banks, credit unions and brokers are clear that the earlier you contact them, if you feel you might be entering mortgage stress, the better able they are to respond and assist you with managing your financial situation.

Review your loan and make sure it is the best fit for you at this time. It might be time to look for better rates to reduce the impact of interest rate hikes.

Looking at your household budget is also important where small adjustments can help make ends meet during tough times. There are a range of tools online and provided by banks, credit unions and brokers to help you look at your budgets and where you can save.

There is also the option to look at paying down the principal of the mortgage sooner that will assist in reducing the interest-bearing balance. Another option is to utilise an offset account which can potentially help reduce the amount of interest you pay over time.

The next 12 to 24 months will see a challenging mortgage environment as the RBA looks to increase the cash rate as it attempts to bring inflation back into the 2 to 3 per cent band. There is unlikely to be any significant mortgage relief until 2027.

Finance & Property Outlook

CLARITY AND CONFIDENCE IN PROPERTY SETTLEMENT

When relationships come to an end, the legal and financial decisions that follow can be complex and emotionally taxing. Byron Family Law recognises that these matters have a direct impact not only on individuals, but also on their families and the wider community.

The firm’s philosophy is grounded in a commitment to compassionate, solution-focused and cost-efficient legal advice. By prioritising respect and dignity, Byron Family Law supports clients in moving forward with clarity and confidence during what is often a challenging period.

Attention to detail is central to the firm’s approach. Every matter is handled with care, ensuring that outcomes are tailored to the unique circumstances of each client. Rather than applying generic solutions, the team works closely with clients to develop practical strategies that reflect their individual needs and goals.

A resolution-focused approach

Understanding the stress and financial strain often associated with separation and divorce, Byron Family Law is committed to resolving matters in an amicable and efficient manner wherever possible.

The firm offers free initial consultations, ensuring that individuals can explore their options without financial pressure. Transparency is also a priority, with clear and upfront communication about legal costs.

Byron Family Law’s solicitors are trained in Collaborative Practice, an alternative dispute resolution process that enables separating couples to resolve their matters outside of court. This approach places control in the

Jordyn Jones Senior Associate Jordyn@byronfamilylaw.com.au

hands of the parties, encouraging open and constructive communication. Clients are supported by a network of professionals, including psychologists, social workers, valuers, accountants and financial planners, to achieve balanced and sustainable outcomes.

Navigating property settlement

One of the most significant aspects of separation is the division of assets and liabilities, commonly referred to as property settlement. This can be achieved either through mutual agreement or, where necessary, by application to the court.

Where parties are able to reach agreement, it can be formalised through a financial agreement or by consent orders approved by the court. If agreement cannot be reached, the court may determine the outcome.

Each property settlement is unique, reflecting the individual circumstances of the parties involved. Outcomes can vary significantly, making tailored legal advice essential.

Strict time limits apply. For married couples, applications

for property settlement must generally be made within 12 months of a divorce becoming final. For de facto relationships, the timeframe is two years from the date of separation. Extensions require special permission from the court and are not guaranteed.

A structured framework

Australian family law provides a structured framework for determining property division. Key considerations include:

• The identification and valuation of all assets and debts

Financial contributions made by each party

Non-financial contributions, such as homemaking and caring for children

Future needs, including health, age, earning capacity and parenting responsibilities

• Additional considerations may include spousal maintenance and child support, depending on the circumstances.

Supporting the path forward

Byron Family Law understands that property and financial matters are deeply personal. Through a combination of technical expertise and a commitment to respectful, practical outcomes, the firm assists clients in navigating the legal process with confidence.

With a focus on resolution and a dedication to client care, Byron Family Law provides guidance at every stage, helping individuals move forward with certainty and peace of mind. www.byronfamilylaw.com.au

Finance & Property Outlook

SUPERANNUATION

Aslan Shand

Compulsory superannuation was introduced in Australia on 1 July 1992 in response to concerns over Australia’s future ageing population and how that would be supported.

The Labor Keating government introduced the superannuation guarantee which mandated employer contributions to a superannuation on behalf of employees so that in the future more people would be set up to become selffunded retirees and reduce the reliance of the population the governmentfunded age pension.

What is super?

Superannuation, also known as ‘super’, started out as a 3 per cent contribution by employers into a nominated super fund. This has increased over the years according to the Super Guarantee Rate Schedule, and on 1 July 2025 it reached its final level of 12 per cent contribution to your super fund of your ordinary earnings.

For the average Australian to retire comfortably at the age of 67 couples generally need a combined super balance of approximately $730,000, while singles need around $630,000 assuming that they own their own home, according to the Association of Superannuation Funds of Australia, a non-profit peak body providing industry research, advocacy, and retirement standards.

Who gets super?

If you are a full-time, part-time, or casual employee you will receive super payments.

However, not everyone gets super and this can leave a range of people disadvantaged and, in some cases, entrench existing disadvantage.

For example, women who are often the ones who stay at home to care for children and family members won’t receive superannuation for the period of time that they take out from formal employment. This means that they may never receive super contributions or will have a break in their super contributions which leaves them poorer than their equivalent male counterparts by the time they retire. However, the lower income earner in a household is entitled to part of the higher income earner’s superannuation if they separate.

Who doesn’t get super?

If you are under 18 and working under 30 hours a week, employed as a domestic worker such as a nanny, housekeeper, or carer your employer doesn’t have to pay super contributions. The other big category of people who don’t automatically get super are people who are selfemployed as a sole trader or in a partnership, as they are not required to pay super to themselves. However, this can leave these people at a long-term disadvantage as they may not set themselves up for retirement effectively. While they are not legally required to make super contributions, they can make personal super contributions. If you chose to make personal contributions then most people can claim a tax deduction for personal super contributions until they turn 75 years old, and they may be eligible for the super co-contribution, which helps eligible low-to-middle-income earners save for their retirement.

If you chose to make personal contributions then most people can claim a tax deduction for personal super contributions until they turn 75 years old, and they may be eligible for the super co-contribution, which helps eligible low-tomiddle-income earners save for their retirement.

What to look for in managing your super risks/rewards

Today you can nominate your own super fund that your employer pays into and this is managed on your behalf by the superannuation fund.

For many people over their working lives they have ended up with a number of super funds that have been paid into over the years. It is important to consolidate them together to receive the best long-term advantage and growth. It is easy to do through your MyGov account and will save you money on fees and allow you to clearly identify and track your savings for retirement.

How to choose a super fund

It is worth taking the time, or speaking to a professional financial advisor, to find out how to choose the best super fund for you. There are a range of super funds including industry, retail, corporate, public sector and self-managed super funds (SMSF). The public sector super fund is restricted to state and federal government employees. When you are assessing where you will place your super you need to consider the performance of the fund, how its risk profile suits you and your stage of superannuation saving timeline, their fees and other benefits.

You can also look at what the different super funds invest in and make choices for ethical super funds that ensure that your funds are not contributing to the negative impacts in the world. For example, you might decide you don’t want to invest in cigarette or vaping businesses or fossil fuel

USEFUL ONLINE RESOURCES

https://www.ato.gov.au

https://moneysmart.gov.au

https://www.superannuation.asn.au

companies or other environmentally damaging industries. When you are in your early super accumulation phase (under 50) people are often seeking higher growth and are prepared to have higher risks as they have a longer timeline to recover if there is market volatility. As they progress towards retirement (50 to 60) it is considered prudent to begin to transfer from a higher risk to lower risk, balanced, strategy to protect your retirement funds before you enter your retirement where investments are usually put into a more conservative and stable portfolio.

Co-contributions

Employees are able to make additional contributions to their superannuation funds. However, this is strictly managed with caps on the amounts you can contribute as before and after-tax contributions.

Paying in super contributions before tax (salary sacrifice) are called concessional contributions and you pay 15 per cent tax on these contributions, however, for many people that is a lower rate of tax than they would pay on their salary. However, if you go over the yearly limit of $30,000, you may be subject to pay extra tax which can be high.

You can contribute up to $120,000 per year in after-tax super contributions, called non-concessional contributions. You can also pay three years’ worth on contributions in one year as part of the ‘bring-forward’ rule and there are potential tax deductions available but you must meet specific rules and regulations in relation to these types of financial actions.

Early triggers

You cannot access you super before you retire or reach your preservation age (which depends on the year you were born) or 65. However there are a number of triggers that can mean you get early access to your superannuation. Early access can be triggered on the basis of compassionate grounds which includes terminal illness, life threatening medical treatment or transport for you or a dependent, modifications to your home or vehicle to accommodate your or your dependant’s special needs arising from a severe disability, palliative care for you or your dependant, death, funeral or burial expenses of your dependant, and preventing foreclosure or forced sale of your home. Other grounds include severe financial hardship, First Home Super Saver Scheme (FHSS), if you are leaving the country permanently, or you have a very low balance.

The key to making your super work for you is to look carefully at the range of super funds that are available, get good advice, and don’t be pressured into joining or switching to a super fund until you are confident it will meet your needs.

A LOCAL BUILDER AND ARCHITECT’S ANSWER TO COMPACT LIVING

When Chris King started prototyping a small structure on his own land in Byron's hinterland, he wasn't trying to start a company. He was trying to solve a problem he'd watched go unsolved for years.

King has been building in the Northern Rivers for over 20 years. Over that time he noticed a consistent gap: people wanted to build something smaller, more intentional, more connected to where they lived – but the options were either cheap and poorly made, or expensive and over-engineered. Mass-produced kit homes on one end. Bespoke construction on the other. Nothing in between that was genuinely well-made, suited to our sub-tropical climate and able to be moved.

So he built one. On his own ridge. And lived in it.

That prototype became The Oculus – the first and current model from Retreat House, the Bangalow-based company King founded to bring architect-designed, transportable spaces to landholders and commercial operators across the region and beyond.

The Oculus is 21 square metres, built on a registered trailer, and designed in collaboration with Byron-based architect Hayley Pryor. Pryor's background is in high-end residential architecture. Each Oculus is built in the same Bangalow workshop, by the same team, to the same standard.

The build time is 14 weeks from deposit. The Oculus arrives complete – no site works required beyond placement and service connections. It's road-registered, DA-exempt (similar to caravan under NSW legislation), and priced from $199,000 inc. GST.

The Oculus

The Oculus is built on a trailer, ready to place on your land. Designed by Hayley Pryor Architects and built by Chris King Constructions in our Bangalow workshop.

The Oculus by Retreat House is a 21sqm transportable space that responds to climate and place.

That combination – architect-resolved design, fixed price, no DA – is deliberate. King and Pryor spent considerable time working through what landholders and commercial operators actually needed, and the regulatory complexity of the Northern Rivers planning environment shaped the product as much as any aesthetic consideration. A unit that can be placed without development approval, relocated if circumstances change, and used for either residential or commercial purposes covers a lot of ground.

For landholders, the applications are practical: a secondary dwelling, a home office, a guest space, an Airbnb. For commercial operators — wineries, eco-retreats, boutique accommodation providers, wedding venues – the Oculus offers a deployable accommodation product that can generate revenue within weeks of delivery.

Retreat House has been featured in Dezeen, Houses Magazine, Architecture Australia, The Design Files, Green Magazine and PIP Magazine. The unit is currently available to stay in through Airbnb in Wooyung – what the company calls a ‘Stay Before You Own’ arrangement – giving prospective buyers a way to experience the space before committing.

For those who have land and have been waiting for an option that doesn't ask them to compromise on quality, or spend years in the planning system, it may be worth a conversation.

The Oculus is priced from $199,000 inc. GST. Enquiries: Ross Bird, 0407 661 649, hello@retreathouse. com.au, retreathouse.com.au.

Since 1987, the Morgans team have been proudly serving the local community with personalised stockbroking, wealth management and financial advice. We're delighted to welcome Investment Adviser, Litsa Makrangelos to the team, helping us to further provide quality advice to the Northern Rivers region.