The RBA has decided to hold the official cash rate for July to “provide some time to assess the impact of the increase in interest rates to date”.
“COMMON SENSE PREVAILS”: RBA presses PAUSE
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Articles
“Something has to give” because households are “hurting”
Mark Bouris makes his case on why rate hikes should cease.
What the heck is the ‘Cash Rate’? A beginners guide to the RBA & Interest Rates
If you’re new to the home loan or finance world, you may be wondering ‘what is the Reserve bank?’ ‘How do they affect home loans?’ ‘What does a rate increase mean for me?’
Navigating the Home Loan Process: A Guide for First Home Buyers
Want to feel confident about finding the right home loan? A clear understanding of the steps involved to secure a loan can help!
Property sales to increase if rates keep rising
Mark Bouris has told Sky News Australia that he is predicting property prices to buck the current upwards trend in the coming months, as we approach the ‘spring-selling’ season.
“Badly Timed and Wrong”: Bouris reacts to latest rate hike
Mark Bouris has warned Australians that they’re “in for a very bumpy ride” over the coming 12 months, following this week’s record setting 12th rate increase in just 14 months.
RBA Ignores Calls to Pause Rate Hikes
Despite mounting public scrutiny, the Reserve Bank of Australia has decided to increase the official cash rate a further 0.25%, to 4.10%. This marks a cumulative increase in the cash rate of 4% since May 2022.
Why has the RBA targeted mortgage holders to solve inflation?
Mark Bouris strongly believes that the 11 rate rises over the past 13 months have “gone too far” and warned there could be drastic consequences if the RBA continues to target mortgage holders in attempting to control inflation.
“Every chance of a couple more rate rises”
“I think there’s every chance of a couple more rate rises.” That’s Mark Bouris’ blunt analysis following the release on Tuesday of the RBA’s minutes from their most recent Board Meeting.