The notion that RBA will cut rates this year is laughable
Inflation is sticking and every 0.1% below 3% inflation is exponentially harder to cut. House prices are a great indication of inflation.
In fact, I'd go far as to say that house prices have not strictly speaking "grown". Rather, money has become so devalued because banks have lent so much on the back of low interest rates.
This is a massively hot take but I don't think reductions in interest rates are desirable or likely any time soon... $S&P/ASX 200 OPIC(OXJO.AU$ $S&P/ASX 200(.XJO.AU$ $AUD(BK20039.AU$
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