When The Reserve Bank of Australia (RBA) increased the cash rate for the seventh month in a row, I could feel Aussie homeowners shaking at the thought of even more money leaving their bank accounts each month – and I was right there with them.
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As Australians keep entering lockdown right across the country, we may expect negative interest rates on home loans. It’s an economic consequence that may bizarrely see house prices rise even more…
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You might have heard murmurs of increasing inflation thanks to our high levels of debt. It’s expected to increase even more – and faster than what the world banks are predicting. Higher inflation means higher prices, so should you be concerned…?
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