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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“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”.
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.
“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%.
Is Australia’s House Price Collapse Over?
Bill Evans, Westpac’s Chief Economist, has even declared that Australia’s house price collapse “is largely over,” thanks to a large increase in migration, and a low supply of housing as contributing factors.