I’m not sure what rba is going to do and will not speculate but what I can say is I know from personal experience that there are a lot of people around me already slowing down on spending because they mortgage is getting more and more expensive….
the 7% plus inflation imo will not return, we are probably at the peak of the interest rate cycle and anymore increase will no doubt cause major problems to many families
rba will need to weight on that…
Ann: CLW 2023 Half Year Results Presentation, page-53
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