02/11/2022
The RBA lifted interest rates another 0.25% yesterday and I expect they’ll do the same again in December.
The economy’s gears are starting to slow, with property prices cooling and early signs that inflation might be calming down too, which is exactly what the RBA is hoping for.
The downside is that family budgets are feeling the pinch, with the additional impost of increasing mortgage and rental costs only exacerbating the pain already being inflicted by the skyrocketing cost of living.
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