1) The document provides an overview and forecast of the Australian property sector in 2009, highlighting the impact of the global financial crisis and government stimulus package. 2) It predicts a slow start to 2009 as economic downturn restricts development, but expects the residential sector to recover later in 2009. The commercial sector may see some opportunities in aged care, infrastructure, and education. 3) Looking to 2010 and beyond, the forecast is less certain, as the economy will still be impacted by high debt levels and unemployment, though stimulus packages may provide a minor recovery in late 2009 or early 2010.