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The Guardian
Can Australia’s borrowers dodge another interest rate hike? We’ll know more soon
May’s inflation figures sent alarm bells ringing that the RBA would hike rates. But technically we are still on track for the central bank’s target
Reuters
Australia consumers balance budget relief against rate risks
Australian consumer sentiment rebounded modestly in June as the promise of imminent tax cuts lightened the mood, a survey showed on Tuesday, though the risk of yet higher borrowing costs loomed in the background. The Westpac-Melbourne Institute index of consumer sentiment rose 1.7% in June from May, when it dipped 0.3%. However, the survey also bracketed a meeting of the Reserve Bank of Australia (RBA) which warned there were upside risks to inflation and another rise in interest rates could not be ruled out.
The Guardian
No interest rate relief predicted this year, major bank tells mortgage holders
ANZ first big bank to push prediction of Reserve Bank interest rate cut into 2025