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Ex-RBA Official Expects September Hike, 10% Drop in House Prices

Key Highlights

  • Australia’s central bank is likely to deliver another interest-rate increase at its meeting later this month, according to a former senior Reserve Bank official, who also expects property prices will fall by about 10%.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.

Australia’s central bank is likely to deliver another interest-rate increase at its meeting later this month, according to a former senior Reserve Bank official, who also expects property prices will fall by about 10%.

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