Rate hike, page-18

I agree alonso..... the weight of interest rate increases hits rentals as well as mortgagees and businesses. another rise will discourage business investment even further and make everything more expensive thus pushing inflation again.

I disagree with your prediction though; the RBA will hold imo.... the concern for cost of living is a primary feature for rates at this level.

as Bullock keeps reminding us, the path they tread is narrow and going too hard will do as much damage as premature lowering of interest rates. more pressure on the economy could easily drive the country into recession.

November is the last month they can alter the rate this CY. my guess is they'll hold till then.