Rising rents, building costs threaten inflation outlook
The RBA will struggle to get inflation back to the middle of its target range as long as the costs of renting and building a new home increase at rapid rates.
Source: afr.com
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The RBA will struggle to get inflation back to the middle of its target range as long as the costs of renting and building a new home increase at rapid rates.
Australia’s national aim of 1.2 million homes is at risk from the loss of tradies and subcontractors into sectors such as infrastructure and commercial work.