CanberraAustralia’s central bank has never modelled spending cuts.
It sets mortgage costs for three million households on that gap.
Brent crude, at $130.80 on September 15, is up 28% in a week, feeding imported inflation.
The Reserve Bank’s rate decision comes Tuesday, September 29, with a hike widely expected.
How each outlet framed it
drawn from 50+ reports worldwide
- Real Estate Australia
- reports Westpac double-rate hike (13th bank this month), economists forecast September hike and follow-up amid RBA inflation concerns
- News.com.au
Sources: Real Estate Australia, News.com.au