Original article by Matthew Cranston, Ingrid Fuary-Wagner
The Australian Financial Review – Page: 1 & 5 : 28-May-19

AMP Capital’s Shane Oliver now expects the housing market to bottom in the second half of 2019, rather than in 2020. He says factors such as the prospect of an official interest rate cut and the federal government’s First Home Loan Deposit Scheme will contribute to the end of the correction in house prices. Meanwhile, economist Stephen Koukoulas forecasts that house prices will bottom in the September quarter before rising in the final three months of 2019. Paul Bloxham of HSBC notes that the housing market correction has been orderly, with low levels of distressed sales and mortgage arrears.

CORPORATES
AMP CAPITAL INVESTORS LIMITED, HSBC AUSTRALIA HOLDINGS PTY LTD, CORELOGIC AUSTRALIA PTY LTD, AUSTRALIA. DEPT OF THE TREASURY, RESERVE BANK OF AUSTRALIA, MORGAN STANLEY AUSTRALIA LIMITED, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ