Bouris has appeared on Channel 7’s Sunrise, to call for the RBA to “move the target”, referring to the RBA’s target of returning inflation back to 2 – 3%.
Have Interest Rates Peaked?
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Interest Rates
“COMMON SENSE PREVAILS”: RBA presses PAUSE
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”.
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?’
“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.
“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%.
Interest rates on hold but where to for property prices?
Mark Bouris has told Sky News Australia that homeowners should prepare for further interest rate rises, following Tuesday’s RBA decision to hold the rate.