Watch

Reserve Bank warns some homeowners may be forced to sell

Published
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.
Tags
Australia
Finance
Share

Recommended for you

A split image showing two groups of demonstrators, a pro-Pakistani group on the left and pro-Indian group on the right. Each bear the flags of their respective nations.
A split image. On the left are tradespeople on the roof of a home that is under construction. In the middle is Prime Minister Anthony Albanese, wearing a suit, tie and glasses, speaking while standing at a lectern. On the right is a woman opening her wallet in which there is $50, $20, and $10 notes.
Four people stand on a stage. Two are wearing formal military attire and one blows a trumpet.
A stylised image of Peter Dutton with black-and-white photos of him alongside other leaders and workers in the background.
Two men in black suits stand at separate lecterns, with the one on the left speaking while the other watches him.
Peter Dutton purses his lips in front of an illuminated blue Liberal party backdrop.
A stylised image featuring three men wearing glasses are superimposed against the backdrop of different shapes representing political issues including housing, energy and immigration.
A man wearing a t-shirt and jeans pushes a trolley in a supermarket