Interest Rate Hold Gives Hope to Potential Home-Buyers in Melbourne By | The New York Times July 4, 2023 | 9:30pm A Reprieve for Melbourne‘s Housing Market The recent announcement by the Reserve Bank of Australia (RBA) to maintain the interest rates at 4.1 per cent has brought a sense of relief to potential home-buyers […]
What’s Behind RBA Boss Phil Lowe’s Growing Inflation Anxiety? Risk of Overshooting Timeline Set for Inflation Targets Reserve Bank Governor Philip Lowe is concerned that the central bank may overshoot the timeframe it has set itself to ensure inflation heads back to its target range of 2 to 3 per cent. However, instead of clamping […]
