New inflation numbers reveal good news for home loan borrowers
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New inflation numbers reveal good news for home loan borrowers
Borrowers will breathe a sigh of relief at Australia’s latest annual inflation rate, which is heading lower and almost certainly locks in a Reserve Bank rate cut on August 12. After several years of soaring living costs, some key expenses are now heading in reverse, or at least have stopped their painful price rises that had sent the consumer price index skywards earlier this decade. Wednesday’s Australian Bureau of Statistics figures show CPI i…
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