The RBA announced it was raising the cash rate to 4.35%. Cygnet West researchers discuss the average interest rates during periods of inflation and what is required to reduce the CPI.
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The Perth office market has been continuing its recovery, both from the previous market downturn and the recent impacts of the COVID-19 pandemic.
Housing supply has historically been in-elastic due to the labour, materials and time involved in delivering a completed dwelling.
Last week's ABS monthly inflation indicator release provides some hope that the RBA’s interest rate hike has done the job and is driving a moderation in demand and consumption.