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Cash rate kept steady amid lower inflation forecast
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Cash rate kept steady amid lower inflation forecast
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Australian home prices rose last year, a significant turnaround from the 5% dip seen in 2022, but interest rate hikes and persistent cost of living pressures have somewhat slowed the pace of growth... -January 01, 2024 at 08:01 am EST - MarketScreener
SYDNEY (Reuters) - Australian home prices rose last year, a significant turnaround from the 5% dip seen in 2022, but interest rate hikes and persisten...
Whatever happens to interest rates next year, finance costs are not returning to pandemic lows. That’s a big burden for investors, developers and contractors, as well as home buyers and owners in mortgage stress.