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Articles from Peter Martin

Sky-high mortgages, 7.1% inflation, and a 20% chance of recession. How the Conversation’s panel sees the year ahead

July 1, 2022 - 14:50 -- Admin

Homeowners will face mortgage rates near 5.5% in a little over a year, according to a survey of 22 leading Australian economists.

The Conversation’s 2022-23 forecasting survey predicts an increase in the Reserve Bank’s cash rate from its present 0.85% to a peak of 3.1% by next August.

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