Would any Australians be able to ask their local real estate agent or financial planner what is happening here?

Here is the accumulative growth rate for each:

Australian Wages: Up 882% since 1976

Australian Real Estate: Up 3,733% since 1976

Australian M1: Up 20,703% since 1976

We could use M3, the data isn't available.

Sources:

https://tradingeconomics.com/australia/money-supply-m1

https://abs.gov.au/statistics/economy/price-indexes-and-inflation/wage-price-index-australia/latest-release

Real estate, numerous pages and heaps og GROK ai help.