22/12/2022

RBA defends its most recent cash rate rise because it could have been worse

Earlier this month, the central bank pushed the cash rate by 25 basis points to 3.1 per cent. However, they said that returning to interest rates rises of 50 basis points isn’t out of the question for the new year.

The ‘regional renaissance’ brought on by Covid-19 has slowed, but it hasn’t stopped

The PropTrack Regional Australia 2022 Report found Queensland remained the most popular destination for those looking to relocate within Australia. The biggest growth in demand per listing is in the Darling Downs-Maranoa (+51%), Cairns (+25%), Toowoomba (+17%) and Mackay-Isaac-Whitsunday (+17%).

Help with energy bills is on the horizon

Australians are being warned that relief from soaring power prices could take months to flow through. But help is at hand with $3 billion in electricity bill discounts from next April.

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