I wouldn't be so sure about that, unemployment is still below what the RBA considers 'ideal' to keep inflation under control.
House prices are also still rising, so the housing market can definitely sustain higher rates.
I'd say that cuts are almost definitely off the table in 2024 & a rise is probably about 25% likelihood in 2024.
News: HDN Homeco Daily Needs REIT Says FY24 DPU Guidance Of 8.3 AU Cents Reaffirmed, page-17
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