The Rise of Interest Rates in Australia

The supply is very short in most areas and vacancy rates have risen slightly. So they're still getting rented, but the rents aren't increasing at a rate of knots. Maybe the exception might be a little bit of that Queensland like Gold Coast. The rents we're getting in Gold Coast is phenomenal. It is for the same, you buy something there for a million dollars and you can get a 5% yield almost. That's crazy. Sometimes the market's just the market. Why do we get high rents in other locations? Sometimes you just can't put an answer to it. You've had this whole COVID thing which has literally turned the world upside down. Interest rates go from 2