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Property Buzz: Falling home values could blow a hole in aged care. Has anyone done the maths?

03 OCT 2026 • By Robyn Tongol • 2 min read • Investor Strategy

From SMSF lending to credit card surcharges, Phil Tarrant and Liam Garman say recent policy changes are producing consequences nobody planned for, and the biggest one could hit Australians when they are most vulnerable.

From SMSF lending to credit card surcharges, Phil Tarrant and Liam Garman say recent policy changes are producing consequences nobody planned for, and the biggest one could hit Australians when they are most vulnerable.

On this episode of Property Buzz, Phil Tarrant and Liam Garman examine how a raft of recent policy announcements, from tax changes to credit card surcharges, are buffeting the economy and creating unintended consequences that will impact every Australian.

 
 

The pair pull apart the latest CPI figures to question the federal government's explanation for inflation, with Garman arguing that government spending is crowding out the private sector and weighing on productivity.

Tarrant then turns to the removal of residential lending from SMSFs, which he says is putting pressure on builders and the viability of new projects. He also argues that falling home values could undermine the aged care system, with fewer older Australians able to draw on their homes to fund entry costs, leaving families facing a difficult situation at a vulnerable time and potentially adding a significant cost to the budget.

The pair also discuss the launch of Banking Daily, Momentum Media's new financial services platform, and how it aims to deliver the latest intelligence for people working in the sector.

If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, X and LinkedIn. If you would like to get in touch with our team, email [email protected] for more insights, or hear your voice on the show by recording a question below.

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RELATED TERMS

Property
Property refers to either a tangible or intangible item that an individual or business has legal rights or ownership of, such as houses, cars, stocks or bond certificates.