Stephen Koukoulas on Muck Rack

Stephen Koukoulas

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Federal Treasury, Head of Global Strategy TD London, Advisor to PM, punter. Speaker. MD Market Economics.
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Articles

Could falling house prices tip Australia into recession?

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By Stephen Koukoulas
| Forbes Australia Verified
Published on July 7, 2026 A deeper housing downturn could have significant economic consequences. Image: Getty Images. Australian house prices have started to fall. The drop is not large at this stage – it is less than one per cent from the peak in March 2026.
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Good news! Housing is getting more and more affordable

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By Stephen Koukoulas
| Independent Australia Verified
Strong income growth, softer house prices and a more favourable interest rate outlook suggest housing affordability is set to improve over the coming years, writes Stephen Koukoulas. ONE OF THE Albanese Government’s main policy objectives is to improve housing affordability. It is doing this to encourage and facilitate current renters to buy their own house and, in the process, lock in a key pillar of financial security and economic well-being for more Australians.
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Was the Budget really unpopular? Plenty of reasons suggest ‘no’

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By Stephen Koukoulas
| Independent Australia Verified
There has been a lot of hand-wringing in the media and from a small army of vested interest groups about the economic consequences of the Federal Budget delivered by Treasurer Jim Chalmers on 12 May. The melodrama is rather embarrassing for those peddling the downside threats to the economy from some of the tax reforms.
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