RBA Governor Michele Bullock recently spoke at the Australian Business Economists Annual Dinner. In this she shifted her language from inflation being driven by supply side / supply chain issues to it being demand driven domestically.
Specifically: Inflation now being more broadly based across our goods and services, it being underpinned by services driven by domestic inputs as well as us having high rates of labour utilisation – all pointing to it taking longer to hit our inflationary targets.
This week on Ausbiz we discussed Australia’s housing market conditions, investor and owner occupier activity and how RBA Governor Michele Bullock’s comments relate to the outlook for Australia’s housing market, Australia’s chronic housing supply shortage and of course the implications for interest rates!
Anthony Landahl | Managing Director Equilibria Finance
This is for general information purposes only and does not constitute advice. With all of these options there are a number of considerations outside the scope of what is covered in this article that you need to understand to ensure your personal circumstances are taken into consideration.
Equilibria Finance is a mortgage broking practice specialising in delivering residential and commercial mortgage and business and asset finance solutions to the clients of financial advice and accounting practices.