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:
For housing, the big question on everyone’s mind is whether the property price gains seen in 2023 will continue in 2024.
While there are many uncertainties, we do see national home prices ending the year higher, though the outlook varies widely between states.
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: