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Name: Reserve Bank warns some homeowners may be forced to sell
Uploaded: 2024-09-05T10:17:45.682Z
Duration: 2 min 26 s
Description: The Reserve Bank has warned some homeowners may have to sell their properties because of the economic conditions. The central bank governor has delivered a speech justifying the decision to keep interest rates on hold in an attempt to keep driving inflation down, leaving the door open to more rate increases if required.

Reserve Bank warns some homeowners may be forced to sell

Published 5 September 2024, 9:42 am

The Reserve Bank has warned some homeowners may have to sell their properties because of the economic conditions. The central bank governor has delivered a speech justifying the decision to keep interest rates on hold in an attempt to keep driving inflation down, leaving the door open to more rate increases if required.

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Australia

Finance