Reserve Bank is expected to raise interest rates to an 18-year high on Tuesday, the fifth hike this year
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CBA forecasts home prices to fall by 14%
Australia’s biggest lender, Commonwealth Bank, now expects national dwelling prices to suffer a peak-to-trough fall of about 14% amid souring economic conditions.
The post RBA interest rates live: Reserve Bank of Australia meeting today before cash rate decision and announcement – latest news appeared first on World news | The Guardian.
