CBA, Westpac, NAB, ANZ say RBA will hold rate hike until May
All four big banks are forecasting another cash rate rise in May, with ANZ the last to lock in a hike that would come just a week before the federal budget. Click here to view:
The PropTrack Home Price Index shows the home price upturn is firmly entrenched and prices hit fresh record highs in many markets in October.
National home prices reclaimed 2022’s price falls in their entirety last month, with the upswing continuing in October as national home prices climbed 0.36% month-on-month to set another record, bringing them up 4.93% so far this year.
All four big banks are forecasting another cash rate rise in May, with ANZ the last to lock in a hike that would come just a week before the federal budget. Click here to view:
Australia’s rental market has offered a glimmer of hope for beleaguered tenants, with the number of vacant properties nationally reaching its highest level since February 2022. Click here to view: