Victoria's unemployment rate falls to its lowest level in almost 50 years theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.
Victoria's unemployment rate falls to its lowest level in almost 50 years smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.
An early interest rate increase would accelerate the slowdown in the housing market and trigger house price declines by the end of the year, experts say.
Speculations of interest rate hike continue to be a hot topic among economists, but borrowers would be wise to be “rate rise ready” instead of shifting to panic mode.
Worker shortages and scarcity of goods are likely to put upward pressure on inflation and may force the RBA to consider earlier-than-anticipated interest rate rises.