The Reserve Bank of Australia (RBA) has released credit growth data for the month of May, which captures the first 0.25% hike in the official cash rate. Mortgage credit growth rose by 0.6% over May, with the quarterly rate of growth rebounding slightly to 1.8%: The quarterly rebound was driven by investors, which hit their
The post Aussie property investors defy interest rate gloom appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]