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‘If required’: RBA’s grim rates warning
The board said it will raise the cash rate further if needed as new data showed inflation climbed to 4.0% after the latest hike.
Summary by The West Australian
5 Articles
5 Articles
Rate Rises Deepen Australia’s Housing Affordability Divide
Rate Rises Deepen Australia’s Housing Affordability Divide Falling home prices mean little when buyers can borrow less and mortgage repayments keep climbing. Lower property prices are providing little comfort for aspiring homeowners as higher interest rates reduce borrowing power, increase repayments and place another barrier between Australians and home ownership. Australia’s latest interest rate increase has exposed a difficult reality at the …
Coverage Details
Total News Sources5
Leaning Left0Leaning Right2Center1Last Updated67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
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