Business · Markets · 1 hr ago
Economist Harry Dent predicts sharp falls in Australian property and shares
Economist Harry Dent has warned that a global market crash could sharply reduce the value of Australian homes, shares and other assets.
He predicts Australian property prices could fall by at least 20 per cent and the share market by 50 to 60 per cent.
Dent says gold, silver and AI-related stocks could also lose value because he sees them as part of an “everything bubble”.
He argues that high property prices and government policies have helped inflate Australia’s housing market, which he says is the world’s second-largest property bubble after China’s.
China’s property prices have fallen 25 per cent since their 2021 peak, according to the story.
Dent has made previous dire predictions that largely failed to materialise, and his latest warnings have been met with scepticism.
Australia’s real estate market was down 5.2 per cent from its March 2026 peak, but Dent says further falls are still to come.
Economist Harry Dent Jr. predicts Australian property prices could fall by at least 20 per cent and shares by as much as 60 per cent.
He says a global “everything bubble” is about to burst and has urged Australians to sell homes, shares and other major assets.
Dent says Australia has the world’s second-largest property bubble, behind China.
His forecasts have been met with scepticism because many of his previous predictions have not materialised.
Dent says Australia could eventually become one of the world’s most attractive places to invest.
- Who
- Economist Harry Dent Jr. is making the warnings.
- What
- He predicts sharp falls in Australian property and shares and urges people to sell major assets.
- When
- The article was published on 13 October 2026.
- Where
- Australia, as part of Dent’s warning about a global market crash.
- Why
- Dent says an unsustainable global “everything bubble” is about to burst.
Harry Dent Jr.
Skeptics of Dent’s forecasts
Forecasts
Harry Dent Jr.
Dent predicts Australian property could fall by at least 20 per cent and shares by as much as 60 per cent.
Skeptics of Dent’s forecasts
Dent’s warnings have been met with scepticism because many of his previous doomsday predictions have not materialised.
Track record
Harry Dent Jr.
Dent says he has been proved right “on a lag” and that the downturn has begun.
Skeptics of Dent’s forecasts
ABC’s Media Watch questioned in 2024 why Dent continued to attract attention despite what it called his “hopelessly wrong predictions”.
China’s property prices began falling from their peak, according to the article.
ABC’s Media Watch questioned why Dent continued to attract attention despite his record of inaccurate predictions.
Australian real estate was down 5.2 per cent from its peak, according to the article.
The Daily Mail reported Dent’s warnings and calls for Australians to sell major assets.
- Australian property forecast
- Dent predicts a fall of at least 20 per cent
- Australian share-market forecast
- Dent predicts a fall of 50–60 per cent
- Australia’s property bubble ranking
- Second-largest in the world, behind China, according to Dent
- China property prices
- Down 25 per cent since their 2021 peak, according to the article
- Australian real estate
- Down 5.2 per cent from its peak in March 2026, according to the article
What people are saying
This bubble is going to burst because it's not sustainable, and it's not good for the economy.
The Australian stock market may go down 50-60 per cent in what I call the "crash of our lifetime" and, in real estate, you're going to feel that stronger than anybody.
I've been proved right on a lag, but we still have to see follow-through... this is the greatest real estate bubble and the first fully global one in history,
continues to give hopelessly wrong predictions
Sources
Related news
Australia’s watchdog sues 12 egg suppliers over alleged cartel conduct
Orbit launches Matrix Critical Minerals IPO to develop NSW rare earths project
Coca-Cola invests $40 million in Kewdale plant
Many Peaks reports deep gold results beneath Ouarigue resource in Côte d’Ivoire
Pioneer hires former Barrick team to guide exploration in Argentina
Latrobe Magnesium CEO discusses the company’s plans and the magnesium market
CEOs for Gender Equity secures first grant from Minderoo Foundation
AuKing signs conditional deal to earn up to 75% of Greenland minerals project
Skill Hire opts for a centralised location in Bunbury
No details available about retirement changes
Perth rental vacancy rate falls to a two-year low
