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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.
“Inflation is going to continue to rise”: Bouris concerned by Budget
Following Tuesday’s federal budget, delivered by Treasurer Jim Chalmers, there have been some criticisms that the lasting impacts of the budget may contribute to inflation and the rising cost of living.
“The rate rise we did not need to have”: Bouris furious with latest rate hike
This week the RBA lifted interest rates by a further 0.25%, bringing the official cash rate to its highest point in over a decade, at 3.85%. This latest rate hike left many bewildered, as homeowners continue to suffer more than most due to the RBA remaining intent on...
13 months, 11 Rate rises: RBA Decides to Hike Again
The RBA Board has officially decided to increase the cash rate by 25 basis points to 3.85%.