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The Reserve Bank of Australia has held the cash rate steady at 3.60 per cent, opting for caution in the face of a surprisingly strong inflation surge and a labour market that is clearly losing momentum. Last week’s inflation data delivered an unambiguously hot read. The Consumer Price Index rose … Read more

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National house prices rose 0.6 per cent and units 0.5 per cent over the month, a marked slowdown from August’s “sugar hit” surge of 1.3 per cent and 1.0 per cent respectively. Australia’s housing market cooled to a more sustainable pace in September following August’s rapid acceleration. National house prices … Read more

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