PXA's caution about future interest rates in Australia is understandable.
Even Labor-aligned 'The Australian' senior journalist Troy Bramston is saying this morning that the Federal Labor government of Anthony Albanese is "adrift" and needs to develop a narrative.
The Reserve Bank of Australia looks certain to raise cash rates. Our interest rates are lower than some other nations with lower inflation than Oz, so in turn they too will have to increase, probably more than once by early 2025.
Ann: PEXA 3Q24 Update, page-3
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