Australia is going to collapse this month

Holllld up. There are HEAVY implications of increasing force in an area of high potential energy, while every period is weighted to the downside for net expansion. This is an incredibly bearish chart, as even short term mass is expanding at a faster rate than long term mass. I strongly believe we're going to see a snowball effect of increasing momentum to the downside.

If you have high potential energy with the force of a massive housing bubble looming on the horizon, what happens?

Dominos are going to start falling. The first one has already fallen and the chain reaction has begun, as defined by the wave PM cross on the daily chart (which signifies short term mass expanding over long term mass.)

i.imgur.com/UcvRm7C.png

Godspeed.