Original article by John Kehoe
The Australian Financial Review – Page: 24 & 26 : 9-Sep-26
Bond traders now consider the chances of an official interest rate rise in September to be about 70 per cent. The Reserve Bank of Australia’s assistant governor Sarah Hunter has told a property summit that the central bank is still concerned about inflation, and its monetary policy board could increase the cash rate later this month. Hunter also said that the downturn in the housing market is hurting the broader economy, and it will result in lower dwelling construction activity in 2027 and 2028. However, she has rejected concerns that the housing market downturn will trigger a recession.
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