Macquarie retains chipping away at majors amid new market excessive

“A few RBA hikes may take some warmth out of the property market by placing a handbrake on the utmost quantity folks can borrow from the financial institution, nevertheless, it’s unlikely to ship costs in reverse,” Tindall mentioned. “Rising demand for properties, spurred on by the uncapping of the federal government’s Residence Assure Scheme and a continued pressure on provide, is prone to push costs up even within the face of money fee hikes.”