GgoogleAU BusinessBanking first seen 6 h ago, last 3 h ago, peak #2

Calls grow for RBA to raise interest rates further

Original: rba interest rate hike

Australia's central bank is under pressure over interest rates as debate intensifies in the lead-up to its next decision. Some commentators are calling for a larger-than-expected hike, while analysts warn further increases could 'devastate' the property market without solving housing unaffordability. A report also notes Australia's rates remain low compared with other advanced economies, sharpening arguments on both sides.

Why now: Markets and households are anticipating the RBA's next rate decision amid persistent inflation concerns.

Reserve Bank of AustraliaAustralian property market

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Rank over time, top of the chart is #1. 15 snapshots from 6 h ago to 3 h ago.

Evidence

• Further interest rate hikes could ‘devastate’ property market without easing unaffordability · The Guardian
• ‘Go harder’: Calls for supersized rate hike · News.com.au
• Just one advanced country will have higher rates if RBA raises · AFR

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