More rate rises to come? New RBA Governor May Drive Another Interest Rate Rise

Australian Property Talk

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Were on the cusp of another RBA rate meeting and the November one is A BIG one.
In this episode, we discuss 5 factors that may drive rates even higher:
1.The new RBA Governor and a change of strategy - a lack of tolerance for inflation remaining out of band higher.
2.House price rises drive higher spending, and delay inflations return to band.
3.Fuel prices continue to rise on the back of political tensions worldwide.
4.Exchange rates drive imported inflation.
5.Economy & employment is proving resilient enough, allowing rates to rise further.
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