Connect with us

Business

Reserve Bank of Australia underrating housing price growth – The Australian Financial Review

The cash rate could be closer to its New Zealand counterpart if Australia had the same allocation to housing price growth in…

Published

on

Article feature image

If the Australian Bureau of Statistics were to match Stats NZs weighting to housing by raising it to 28 per cent, it would lift overall inflation by as much as half a percentage point, according to one economists estimate, and would press the Reserve Bank…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending