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No cheer, but cautious optimism

As expected, the Reserve Bank had little Christmas joy to share with the borrowers of Australia this week, opting once again to leave the official cash rate at 4.35% as it has been all year.

In a statement announcing the decision, RBA governor Michele Bullock said the Board is ‘gaining some confidence’ that inflationary pressures are declining, but ‘risks remain’. The Board will next meet in February, with economists now suggesting a drop is possible in the early months of 2025.

We hope you have enjoyed this article. It is our pleasure being your real estate agents in Brisbane.

If you would like any assistance or advice, please feel very welcome to get in touch with our Brisbane real estate agents, Brisbane property management team, or Brisbane buyers agents.

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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