The proposed budget changes to negative gearing and capital gains tax have Australian residential property investors rethinking everything, and most are reacting to the noise instead of the facts.

In this episode of Inside Residential Property, host Liam Garman sits down with Pat Casey, Rethink Wealth director and financial planner, to cut through the panic and unpack what the proposed changes actually mean for everyday Australians at every stage of the journey, from saving a first deposit to scaling an established portfolio.

With over 20 years of experience, Casey has guided clients through market cycles and policy announcements, and his expertise spans structure, lending, investing, super, and strategy. He explains why the old approach of buying a negatively geared property purely for capital growth is under pressure, why rental yield has moved from an afterthought to the starting point, and why owner-occupier appeal remains the single biggest predictor of long-term growth, whatever the rules become.

This isn't a panicked post-budget reaction. It's a calm, practical guide to thinking clearly about residential property while everyone else jumps at shadows.

In this episode, we cover:

• Why the playbook that built property wealth for decades is being challenged.
• Why rental yield now matters more than chasing capital growth.
• How to spot a property that only investors want, and why that should worry you.
• What the proposed changes mean for first home buyers and rentvestors.
• Why owner-occupier appeal is the single biggest predictor of capital growth.
• How experienced investors read today's uncertainty as opportunity.