Mick Fanning lands multimillion payday off property package deal
MORE: Qld’s very own Schitt’s Creek for sale, a 140-yr-old tourist hub New data has forced Reserve Bank of Australia’s hand, triggering expectations of an interest rate rise as soon as next year – two years ahead of RBA’s plan – as international borders reopen.Ī rise in inflation figures released by the Australian Bureau of Statistics this week was expected to force an RBA rethink, with experts expecting the central bank to taper off on its uber-stewardship during Covid-19, and open up to the idea of rate rises much earlier than the 2024 date it has been touting. The Reserve Bank is under pressure to raise interest rates as soon as 2022.