# WILSON WEEKLY 130 | Labour Market Eases - But Still Strong

An episode of [Money Mentor Podcast™](https://invisiblenetwork.ai/podcast/1632604767), 25 Jul 2025, 29 min.

Audio: https://episode.flightcast.com/qpkuvpitdouwhkzg2rip93ik.mp3

Join Infinity's Rachael Howlett and Dr. Andrew Wilson for the latest Australian housing market data.This weekly property market update is presented to you by Infinity in conjunction with Australia's leading independent Chief Economist, Dr. Andrew Wilson of My Housing Market. Discover our new tool: What's My Rental Home Yield?Money Mentor YouTube Channel: @moneymentorau Link to Dr. Andrew Wilson on LinkedIn: / dr-andrew. .If you enjoyed our podcast, make sure you follow and subscribe to stay up to date with the latest episodes.

## Transcript

[0:00] about today's dollars and inflationary dollars, you earned 16 cents back then carrying your fucking fossil.
[0:06] Money isn't rude of all evil, the fucking lack of it is.
[0:08] Not money, the lack of understanding money.
[0:11] When I put that into emphasis, when I realised that psychological effect and how it hit our family, I have to be in the fucking way.
[0:17] You are now watching the Money Mentor Podcast with Graham Holm.
[0:21] Graham Holm.
[0:22] Graham Holm.
[0:22] Graham Holm.
[0:25] Welcome to this week's episode of Wilson Weekly on the Money Mentor Podcast, where data is sexier than the current auction stats.
[0:33] Today, I'm joined by the king of capital city commentary, the man who probably dreams in graphs, Dr. Andrew Wilson.
[0:41] We're diving into this week's market pulse, cutting through the noise and unpacking what all this actually means for buyers, sellers and investors.
[0:49] If you're still waiting for the perfect time to buy, this episode might just roast you gently, of course.
[0:55] Welcome back, Doc.
[0:57] I am flabbergasted, Rachel.
[0:59] What an intro.
[1:00] Wow.
[1:02] Jeez, talk about waxing, very cool.
[1:04] Amazing.
[1:05] Where do I start?
[1:07] Wow.
[1:07] Just, yeah, let's, let's see.
[1:09] I'm just, I'm lost for words.
[1:11] No, not really.
[1:12] But onwards and upwards we go.
[1:15] Where do we start?
[1:16] Yes, it's been another exciting week in property.
[1:19] And you know, it's funny you should say, Rachel, but I actually do have some funny dreams sometimes about spreadsheets, you know.
[1:30] Well, it's true and it's a bit of a worry because you shouldn't be dreaming about spreadsheets.
[1:36] But anyway, there you go.
[1:38] Welcome to my world.
[1:39] So and we're into the world of property this week as usual.
[1:42] Thank you for that wonderful introduction.
[1:44] Rachel, let's try to live up to that one.
[1:48] We present this every week.
[1:49] Of course, it is about bringing all the latest news in property so you can make good decisions in terms of if you are making property decisions, you want to do them with...
[2:01] the best available information and everything we bring you is evidence based.
[2:05] So yes, we have commentary, but we have data.
[2:07] Our data is in-house data, so we have a lot of quality control over that.
[2:12] And it is, as I said, about creating an environment where you can make the best decisions you can in terms of property.
[2:21] So My Housing Market is my brand.
[2:24] weekly podcast with Rachel to you in conjunction with the good folks at Infinity, of course.
[2:32] And we've been doing, we'll soon be able to talk about, we've done hundreds of podcasts, but we're well into our second hundred.
[2:43] That's good news and thanks to everybody for following us.
[2:46] I guess that's the proof of the pudding is in the tasting and the tasting is the fact that lots of people watch our podcast, which is great.
[2:53] Let's get going.
[2:53] I'm talking too much as it is.
[2:55] Let's start off with what we're going to review this week.
[2:58] It is the week ending Wednesday, July 23rd.
[3:01] It's interesting, Rachel, because we're probably now really seriously starting to talk about the spring selling season.
[3:08] Yes, it's a way to go before spring.
[3:11] Well, actually it's five weeks, so it's not that far away.
[3:15] But we are starting to see signs in the marketplace of revitalising is the wrong word, but certainly
[3:23] a rebound in the number of properties coming into the market now, which is that sign that people are thinking about, you know, that end of the year buying and selling decisions.
[3:32] So the week ending Wednesday, July the 23rd.
[3:36] This week, we've got some very interesting data, as usual, but some really interesting data, particularly in relation to...
[3:43] where we're headed on interest rates.
[3:45] So we've got the June labour market data.
[3:47] So that's the latest data on what's happening in the labour market.
[3:50] And that's very important, of course, because it reflects on the performance of the economy generally.
[3:58] But we have a Reserve Bank interest rate decision coming up in the middle of next month.
[4:06] And it was a bit of a surprise to some that, well, to many, that the Reserve Bank didn't cut rates last month or this month.
[4:15] But we are certainly now with these, because the other part is not just inflation the Reserve Bank looks at, it's also inflation.
[4:22] what's happening in the labour market.
[4:24] And the data that we did get in the labour market has some, I think, some specific implications for the Reserve Bank's decision next month.
[4:33] We're also going to look at, if we haven't looked at house building costs for a while, let's have a look at them this week.
[4:38] And there's some interesting results with the My Housing Market House Building Cost Index.
[4:45] And as usual, we look at the latest weekly auction results, and they really have been, you know, quite positive for most of the year, really, but specifically over the last decade.
[4:56] few months and even though we are notionally in the quieter mid-year winter selling season the buyers are still out in force and they're certainly snapping up all the properties that are just about all the properties that are being offered under the hammer every week so we'll have a look at that but we're starting off with some very interesting data in terms of the labor market
[5:21] the labour market, Rachel, it actually eased.
[5:24] And we've been sort of floating around the low fours for quite some time in terms of our unemployment rate.
[5:32] We've ticked up to our highest rate really in this series.
[5:37] So some early signs of, I wouldn't say a shakeout, but just an easing in the labour market.
[5:43] It has been very strong for quite some time now.
[5:46] So it's not really surprising, but, you know, it is only a single month and we need to sort of have some justification going forward for a lot of the, and I believe there are a lot of doom and gloom headlines regarding
[6:02] the result last week through the media.
[6:07] But the labour market did ease, but our market overall is still strong.
[6:12] So the June jobless unemployment rate, this is seasonally adjusted, increased by 0.2% to 4.3% compared to the
[6:20] The May result of 4.1%.
[6:22] And it's been around 4.1% for most of the last year.
[6:26] This is still a very low rate, Rachel, historically low rate.
[6:31] But now the trend is perhaps starting to move upwards.
[6:34] But we need to see whether this consolidates itself over the next few months.
[6:40] Jobs are up by 2,000, which is obviously a low number for jobs creation, but
[6:46] over the month, but the unemployed number was up by 34,000.
[6:50] So that was what pushed the unemployment rate up, was a surge in the number of unemployed.
[6:56] As I said, these monthly figures can move around and we need to see a consolidation of this increased trend over the next few months before we start thinking about, you know, that we've moved past the peak of this very strong labour market.
[7:14] And, again,
[7:15] We still had job creation of nearly 300,000 over the past year, up by 2%.
[7:20] The unemployed numbers up by nearly 10%.
[7:23] But that reflects what was a strong rise over June.
[7:27] But this is the interesting thing, Rachel.
[7:28] The participation rate actually increased, which is another reflection of just how strong our labour market and our economy by extension is today.
[7:41] the participation rate, it measures the proportion of the potential workforce that's actually working.
[7:48] So we're still seeing, you know, retirees, those that are self-employed coming into the workforce because there are still plenty of opportunities for employment.
[8:02] And as I said, that unemployment rate picked up really because we had a rise in the number of unemployed.
[8:09] And we have to take
[8:10] Even though this data is seasonally adjusted, we have to take some of this seasonal adjustment modelling with a grain of salt.
[8:17] But as I said, let's wait for the next few months before we start calling a change in the trend in the unemployment rate.
[8:24] Queensland and Western Australia at the lowest unemployment rates of 4.1%.
[8:30] And of course, the whole point is that lower interest rates.
[8:33] will support what is still a strong labour market in terms of the numbers.
[8:38] And we can justify that by seeing, you see, we've just had that tick up after a year of 4.1s, more or less, we're up to 4.3, and that is the highest level we've seen through this period of the lower interest rate period, which started in 2022.
[8:58] But when we go back to some previous periods of strong economic activity in Australia, Rachel, we can see we're not too far ahead of that.
[9:07] 4% during that very strong mining boom back in the late noughties.
[9:14] So we're not too far ahead of that still, and certainly higher than other periods of strong growth over the last 20 years.
[9:24] Still a low number, but as I said, we'll await the trend.
[9:28] And the participation rate sort of tells it all in a way.
[9:30] You can see how the participation rate, which as I said, is a really positive measure or important measure of the strength of our labor market, because it does show
[9:41] the proportion of our potential workforce that's actually working.
[9:45] And you can see how much higher that is than in previous periods.
[9:49] In fact, it's been trending upwards for most of the last three years quite strongly.
[9:55] And it's been settling at around about those record high levels.
[9:59] The record high is 67.2.
[10:01] And at the moment, we're at 67.1.
[10:03] So just below that level.
[10:05] We're well ahead of the numbers even when we had that strong unemployment rates back in the late noughties, that big mining boom.
[10:14] The participation rate then was in the 65s.
[10:17] So it's actually quite a difference in terms of comparing with what it is currently.
[10:25] And it just shows you how strong our economy is overall, notwithstanding what the unemployment rate shows.
[10:32] So some good news continuing.
[10:34] Unemployment rates are higher in each of the states compared to where they were a year ago.
[10:39] Victoria is the outlier, but still at 4.6% is a positive result.
[10:44] And as I mentioned, Queensland and Western Australia are higher.
[10:47] have the highest unemployment rates, Rachel.
[10:53] But as I said, it's all part of that adjustment coming after the very strong period we've had over the last couple of years.
[11:06] So, Doc, despite a slight rise in the jobless rate, participation is near record highs.
[11:11] What does that say about the underlining strength of the Australian economy and how might that support property confidence moving into spring?
[11:19] Well, as I said, it's a one-off, Rachel.
[11:23] Let's see if that trend continues.
[11:25] I'm not so sure it will.
[11:27] We still have, you know, the energy of lower interest rates, you know, driving our
[11:35] driving our economy, people pay less on their mortgage so they have, because of a lower interest rate, they have more money in their pockets, they spend it, it creates energy in terms of demand.
[11:47] And that means employers will continue to look, to satisfy that demand for extra labor.
[11:54] So I think that we're really,
[11:57] we're really in a positive position in terms of the actual unemployment rate.
[12:04] And we'll wait for the next few months to see if that trend continues.
[12:10] But at the moment, as I said, I think that the positive thing out of this is that the Reserve Bank will be looking at this as just another reason why that they can then cut rates, by thinking, well, okay,
[12:25] We don't have a runaway economy at the moment, so we can, you know, take the chance of cutting rates.
[12:32] And I think they, you know, they're waiting for that latest inflation data, which will come out next week, and we'll be able to discuss that on the show.
[12:41] But I think, if anything, this helps them with their lower interest rate decision going forward.
[12:48] So I think that's the positive out of that for the interest rate decision.
[12:54] And also, you know, it is early days and gee whiz, 4.3 is nothing to get too excited about.
[12:59] But unfortunately, you know, anything that can drum up a negative headline is Chris to the mill for the media going forward.
[13:07] So our other data we look at this week, Rachel, is house building costs.
[13:11] And even though this is sort of in a conflict to some degree with the ABS data on house building costs that it releases in its inflation data, we have been tracking.
[13:23] We run a house building cost index at my housing market every month.
[13:29] It's derived from the building approvals data
[13:33] from the ABS.
[13:35] And we have been tracking a little bit of upward pressure on house building costs.
[13:41] Now, housing costs are an important part of the CPI, the inflation rate that the ABS measures.
[13:50] And that's why we track this, not just, you know, obviously interest for those that are thinking of building a house, but also it has implications for the inflation rate.
[14:02] And
[14:03] We have been just tracking recently an increase in that.
[14:06] And if we look at the annual growth, and of course, it's the annual growth that's important for the inflation rate.
[14:12] That's now picked up to 7.1%, Rachel, which is getting a little bit of a concern because just a year ago, house building costs were rising at 3.8% a year.
[14:24] So that's really starting to pick up now.
[14:29] It's not getting any easier to build a house and this is the problem with supply is that even if we get building approvals for houses then the builders have to think, can I afford to actually get this property out of the ground because of high costs.
[14:48] And that might be a factor that we have seen an easing in house building approvals recently, which was sort of going gangbusters for a while.
[14:56] And maybe one of the factors is higher house building costs are impeding builders' activity.
[15:02] So a little bit of a concern there for house building costs on the rise, which if reflected in the inflation data, the data that the ABS use, it will mean
[15:12] upward pressure on inflation.
[15:14] But I think it's interesting to see just what's happening in terms of house building costs.
[15:18] And as I said, it has implications for, you know, for the supply of property, which, you know, is in, which we know is one of the problems that Australia has and a lot of other similar mass economies being unable to supply demand for housing with their populace.
[15:39] Yeah, so with them up again, how should more the buyers and renovators interpret that data?
[15:47] Well, look, prices are rising and this is the point.
[15:50] It's not just the price in the market, it's the price to actually construct something is rising.
[15:57] And it's just sort of more bad news, particularly for those that aren't in the marketplace, first home buyers, et cetera, because it just obviously puts upward pressure on prices.
[16:09] We're gonna look at land prices.
[16:12] We run a land price index as well, Rachel, as you know.
[16:16] we're going to start showing our viewers just what's happening with the price of land and that's going up as well.
[16:21] So if the cost of build is going up and the cost to buy a block of land is going up as well, it just means more constraint on supply, which just means a tougher gig for those particularly trying to get into the marketplace.
[16:36] And as I said, I think maybe this might be part of the reason we're seeing an easing in house building approvals.
[16:43] We looked at that last week house building approval data and it was quite remarkable that the number of houses approved for building in Brisbane is now actually lower over the first five months of this year compared to the same period last year and Melbourne is flat.
[16:59] So they haven't built any more houses or approved any more houses.
[17:03] And they're the two biggest markets for house building, Brisbane and Melbourne.
[17:11] And that's maybe because house building costs are on the rise there.
[17:16] So we'll keep an eye on that one.
[17:18] And hopefully that won't work its way too strongly into inflation.
[17:22] because, you know, obviously we want or are hopeful that inflation will continue to be in control, particularly those that have got mortgages and are looking for some lower interest rates.
[17:35] So let's finish off, Rachel, with the latest weekly auction result.
[17:40] This is almost becoming a bit of a same old, same old.
[17:43] Another strong result for markets, still robust.
[17:47] School holidays are now finished.
[17:49] Victoria ended last week.
[17:50] So we're now really moving inextricably into the spring selling season.
[17:58] And the results are still favouring sellers with plus 70% results, clearance rates in most markets.
[18:06] And that's clearly a result that favour sellers.
[18:12] We're now starting to see higher listings coming through, not just auction listings but general listings as my housing market tracks on a daily basis.
[18:22] We're seeing those higher listing numbers are now starting to rise again.
[18:27] as we're moving through that midwinter distracted period.
[18:31] So buyers are going to have more offerings, so they'll be happy and there'll be more competition amongst sellers for those buyers going forward.
[18:40] So let's have a look at last week's results.
[18:42] Sydney auction number's down a little bit lower
[18:44] over the week, but another very strong result for Sydney.
[18:47] Not that 80% we had the week before, which was quite extraordinary, but 75.7% for Sydney ahead of where it was a year ago.
[18:55] Melbourne has again recorded the highest clearance rate of all the capital city auction markets.
[19:02] last week.
[19:03] It's done that a number of times, Rachel, over the past few months.
[19:07] So Melbourne certainly back in town.
[19:09] Higher auction numbers in Melbourne started to signal that the coming spring market.
[19:15] And you can see just when we talk about a reviving Melbourne market, just how well ahead it is from where it was a year ago.
[19:23] Look at that 15% plus clearance rate higher
[19:28] than a year ago, the Melbourne clearance rate.
[19:31] Brisbane was also higher.
[19:33] We know that Brisbane tracks around about 50% has a different auction culture.
[19:37] So similar to where it was a year ago.
[19:39] Adelaide's back in town.
[19:41] Adelaide had a period of certainly subdued activity for the Adelaide market, which last year was the strongest auction market in the country, but it's now starting to record
[19:51] Those what we would call typical Adelaide auction clearance rates in the mid 70s and Canberra.
[19:57] Also, we can really start to be a little bit more confident about a revival in that Canberra market.
[20:04] Another strong result.
[20:05] We were used to seeing mid 50s in Canberra for quite some time.
[20:09] We're now starting to see consistently mid 60s, mid to higher 60s in that Canberra market.
[20:15] So we're...
[20:16] Some better news there for sellers in the Canberra market.
[20:19] When we look at the trends, we can clearly see the result in most of the capital cities.
[20:23] Sydney on the rise for most of this year, recording its highest clearance rate over July so far for quite some time.
[20:31] Look at the Melbourne market.
[20:32] It is up and running.
[20:35] Only that April market, which was impacted by all those holidays, has been, you know, anywhere near what we were used to seeing in Melbourne.
[20:43] But look at that 75.4% clearance rate so far over July in Melbourne.
[20:48] That is the highest clearance rate that Melbourne has recorded, monthly clearance rate.
[20:54] for the best part of three years, Rachel.
[20:56] So some strong results there for Melbourne.
[21:00] Brisbane, same old, same old.
[21:01] The Brisbane market's also picked up.
[21:02] It's not surprising that markets have picked up over the last few months, as we say constantly lower interest rates will do that.
[21:10] It's certainly brought more buyers out.
[21:12] Affordability has improved.
[21:13] and confidence is rising.
[21:15] Same old story in Adelaide on the rise.
[21:18] Its highest clearance rate for nearly a year, back to what we expected a year ago in that Adelaide market.
[21:26] And Canberra, yes, look at Canberra, rising month after month now since those interest rate cuts came into effect.
[21:33] So maybe the Canberra market is back in town.
[21:36] If you're looking for the latest auction clearance rate results, every Saturday night at 6 o'clock we produce the snapshot of
[21:44] results for the capital cities on my LinkedIn account, Doc Andrew Wilson at LinkedIn.
[21:48] And on Sundays we send out the full national report, which includes the regional breakdowns for Melbourne and Sydney and the top 10 sales under the hammer for each of the capital cities over the week.
[21:57] If you've missed that latest national auction market report, there is a QR code.
[22:03] You can scan that quickly and...
[22:06] it will give you a PDF link to the report.
[22:09] And as we always finish off with the greatest giveaway in property, Rachel, and I say that without fear or favour, this is the My Housing Market Infinity Suburb app, which if you are making a decision on property, you can figure out or find out, not figure out, you can find out what's happening
[22:27] in each suburb in Australia that has data in real time.
[22:30] So this is the asking prices and the asking rents for each suburb in Australia on a daily basis.
[22:37] Wow, what a giveaway.
[22:38] There's a screenshot of what we do.
[22:40] You can filter for price or rent.
[22:42] You can filter for the capital city region or the outside capital city region.
[22:46] We're looking at Blacktown here in this example.
[22:49] You can filter it for house, townhouse or unit.
[22:52] And also the number of beds, does it get any better than that?
[22:54] Well, I don't think it does.
[22:57] And that will then give you not just the median asking price, so telling you what agents are pitching for property in each of these suburbs.
[23:04] It also gives you the low and the high, so you know the boundaries about which properties are being pitched at in the marketplace at the moment, right?
[23:12] Right.
[23:12] and also the number of properties for sale currently.
[23:16] So like I said, does it get any better than that?
[23:18] It doesn't.
[23:18] And we can also do that.
[23:20] Same for rents going forward.
[23:22] So isn't that great?
[23:23] And for investors who are looking for return on investment data, we also provide that.
[23:28] You can look at the top 10 yields in each of those regional breakdowns
[23:33] And not just the yields, of course, which is the return from the asking rent over the asking price currently of the past year, the asking rent of the past year over the current asking price.
[23:44] And also the vacancy rate for those suburbs, the number of properties for rent and the number of properties for sale.
[23:49] And if you don't know where those suburbs are, just click on the link and it will take you to a map of that suburb.
[23:55] Isn't that fantastic?
[23:58] So look out for that one, the My Housing Market Infinity Suburb Property app.
[24:04] It is, when you link to that, you will be asked for a password.
[24:09] The good folks at Infinity will be only too happy to provide you with access to that app, which is very, very popular at the moment.
[24:18] Next week, let's look at the latest inflation data.
[24:21] This will be the final piece of information that we need to determine just how the Reserve Bank is going to shift over August.
[24:31] I think the inflation rate will still be within the target range, maybe a little higher, but still within the target range.
[24:39] And so I think that will certainly be the final part of the argument to cut rates from the Reserve Bank in August.
[24:49] Also, we're going to look at the latest regional house prices.
[24:52] Well, it's always interesting to understand what's happening in the regions, not just our capital cities, and as usual, the latest weekly auction results as we just start to move towards that spring selling season.
[25:06] If you've missed or if you're wanting any further information from this week's report, there's a QR code giving you all the data and all the slides from this week's report.
[25:16] And, of course, you can always get a copy of the audio as well, which is fascinating.
[25:21] So there we go, Rachel.
[25:23] Another week's gone, more interesting data.
[25:26] The conversation is alive.
[25:28] Will the Reserve Bank cut interest rates next month?
[25:31] It's looking pretty good now, I think, in terms of just a little softer, the unemployment rate.
[25:38] That will help a positive decision.
[25:40] And, of course, next week we're going to look at the all-important
[25:45] inflation numbers.
[25:46] So I know you'll be counting the days, counting the sleeps until that inflation data next week, Rachel.
[25:55] So good luck with that.
[25:56] But, yeah, that should be very interesting going forward.
[26:00] And, hey, we're talking about spring.
[26:02] You know, isn't that great?
[26:03] You know, warmer weather, all those sort of things, you know, longer days.
[26:09] We're still seeing very strong auction results there, even though we are still in, we're not quite at spring yet.
[26:17] But a question for you, for buyers sitting on the sidelines at the moment, what's one myth you'd bust about the current market that might give them some confidence to take some action?
[26:27] Well, it's all working, isn't it, Rachel?
[26:28] We're seeing higher prices.
[26:30] We're seeing stronger clearance rates.
[26:32] We're seeing revival markets.
[26:34] And this is the point.
[26:35] Interest rates have come, lower interest rates have come just at the right time, particularly for markets that were running out of puff.
[26:42] And that was the boom markets of Perth and Adelaide.
[26:46] They were running out of puff for sure.
[26:48] Yeah.
[26:49] affordability barriers, but we've also seen the impact on markets that have been chronically underperforming, and that's the Melbourne market and the Canberra market.
[26:57] You know, we're seeing not just higher prices, but we're seeing stronger auction clearance rates.
[27:02] And we know that those auction clearance rates are certainly a very strong forward indicator of what happens generally in housing markets and as well as so the market's telling us,
[27:16] We're out there buying and no surprise low interest rates for that.
[27:20] And we've likely got another cut coming up.
[27:23] I mean, I'm not pushing higher interest rates in terms of my commentary.
[27:28] I'm saying all the data is pointing to that.
[27:31] And that higher unemployment rate, it was just another positive factor for an interest rate cut.
[27:39] next month.
[27:40] So, you know, it is very positive.
[27:43] And even though we did have a higher unemployment rate, it's still at a very low level compared to historical numbers.
[27:52] And we have a near record participation rate.
[27:55] So I don't think, you know, it's just been really a remarkable period of positives for the property market.
[28:02] And they keep on coming, Rachel.
[28:04] They just keep on coming.
[28:07] And it's the data's there.
[28:08] This isn't, you know, this isn't anything else that's other than evidence-based commentary.
[28:13] You know, it's all there.
[28:14] And, you know, you've got to feel sorry for the doomsayers.
[28:18] You know, they've got nothing to hang their hat on.
[28:21] right it's just except oh unemployment rates at 4.3% oh you know no sorry um and even that is a positive for the property market because it'll mean more than likely uh you know a lower interest rate coming up yeah and we've still got spring to come and we've still got yeah it's crazy an interest rate cut before the spring selling season come on yeah i hope that answers your question
[28:50] It definitely did.
[28:51] Hopefully, like I said, seeing the strong winter stats and no doubt that interest rate cut will be very welcome.
[28:56] You'll see a very strong spring as well.
[28:59] So hopefully that helps people bring more confidence to their decisions with property.
[29:04] But, Doc, as always, thank you for dropping true funds and stats like confetti.
[29:09] Catch you next time on the podcast where we make property chats a little less base and a lot more brilliant.
[29:16] Wow.
[29:17] Keep it up, Rachel.
[29:18] Fantastic.
[29:21] You're fucking going.
[29:22] See ya.

Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them.