The RBA have not been gradual at all in their hiking of rates, and because inflation has stayed stubbornly high, I would say their is a high likelyhood of a rate rise to 4.35%. If not tomorrow, August. House prices went up this month!
In the Fin Review today some economist would are expecting several more rate rises, considering how steadfast the governor is on inflation at pegging it back down to 2.5%. If the government is adamant on stage 3 tax cuts though, who knows.
The RBA have not been gradual at all in their hiking of rates, and because inflation has stayed stubbornly high, I would say their is a high likelyhood of a rate rise to 4.35%. If not tomorrow, August. House prices went up this month!
In the Fin Review today some economist would are expecting several more rate rises, considering how steadfast the governor is on inflation at pegging it back down to 2.5%. If the government is adamant on stage 3 tax cuts though, who knows.