How Australia’s Rising Cash Rate Will Affect Developers

On May 6, the Reserve Bank of Australia (RBA) increased the cash rate by 25 basis points from 0.1% to 0.35% – the first hike since 3 November 2010.  The trigger?  A Consumer Price Index (CPI) inflation spike, which the RBA is now projecting to peak at 6% by December 2022.  Their projections for the […]