Much as old-time shipping nerds once were wont to cross the globe to see the Queen Elizabeth and Queen Mary liners berthed next to each other, bubble-ologists were excited this week to see the Inflation Bubble visit the Canberra Bubble in the form of Reserve Bank Governor Philip "Keeping Interest Rates" Lowe's appearance at Senate Estimates. Dr Lowe also crushed …
Don't expect much of a pay rise, even as inflation soars and reduces what you can buy with your wages. Key points: RBA governor Philip Lowe says globalisation helped central banks keep price rises low and stable over the past three decades Increasing trade restrictions and global conflict are reversing this process and risk reduced supply and higher prices Mr …
Australian house prices could plunge by 20 per cent with Sydney and Melbourne tipped to suffer the biggest slide in four decades - as interest rates soared to curb stubborn inflation. Scroll down for video Australian house prices could plunge by 20 per cent with Sydney and Melbourne set to suffer biggest slide in four decades - as interest rates …
