The Reserve Bank kept the cash rate at 4.35% on Tuesday, with Governor Michele Bullock warning inflation at 4.2% remains too high and rate hikes could resume if needed.

ANZ and NAB Slash House Price Forecasts

ANZ now expects capital city prices to fall 2.1% in 2026, a near 5-percentage-point swing from its earlier forecast of +2.8%, while NAB similarly predicts a ~2% drop, citing the Budget's tax changes as the "last straw."

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