Low inflation data suggests interest rates likely to remain low: REIA
Inflation rose 0.2 per cent in the June quarter, making an annual increase of 1.9 per cent, suggesting that interest rates will remain low for some time, says Malcom Gunning, president of the REIA.
Weak inflation has sent interest rates to historic lows, but new housing supply and APRA's steps to rein in property investment will contain property prices.
It’s like watching a bad soap opera (are there any good ones?) or episode of Jerry Springer: One group of fairly thick people holds one point of view. Another group holds the polar opposite.
