Australian Economy Update - FY 2022
Cash Rate at 1.85% in Aug and Inflation 6.1%
The housing sector is weakening with steep ring IR, 1st home buyers from the last 2 years will struggle and fixed mortgage holders will have their mortgages finished in the next 12 months.
Rising Inflation is a key issue across the globe for the Reserve Bank, with a risk of recession and stagflation
Read - Why Inflation is Rising
