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Cash rate lifts to 4.1

To the consternation of many, the Reserve Bank again lifted the official cash rate this week by 0.25 to 4.1%, a level not seen since early 2012.

RBA governor Philip Lowe attributed the decision to ongoing concerns that persistently high inflation is taking too long to come down, sounding a warning about the rising cost of services, in particular.

About Adam Nobel

CEO | Principal
M. Bus, Grad Dip Adv, B.Int Bus, LREA

adam@hugoalexander.com.au

0417 007 001

Adam is the founder and Principal of Hugo Alexander Property Group. With a previous career in advertising, 22 years experience in property investment, and 16 years in Brisbane real estate, he knows the market inside out to ensure his clients grow their wealth faster.

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