Interest rates hold huge implications for rental, property markets
Mortgage holders and renters are in a similar position, with a third of their income servicing accommodation demands, but will a rate cut help or hinder affordability?
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Much has been written about the Reserve Bank’s decision last month to leave rates unchanged.
Most commentators think it was the wrong call. A mild spike in the unemployment rate following the rate decision has been interpreted by those commentators as proving their point.
Now we have the latest CPI data showing headline inflation at 0.7 per cent in the June quarter, and the annual rate down to 2.1 per cent, having eased to well within the RBA’s…
