Rate Outlook ‘Could Trigger Another Property Downturn’: Experts
Following another interest rate hike and higher odds for more tightening, the residential property market’s recovery may be cut short. The Reserve Bank of Australia (RBA) hiked by another 25 basis points on Tuesday, taking the cash rate to 4.1 percent, and kept its options wide open to keep going if deemed necessary. While interest rates have still been heading ...
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