Shane Oliver

Money Moves

Forecasts a 10-15% price fall this cycle

Australian home values fell 1.1% in September, the sixth straight monthly drop. Prices now sit 5.2% below March's peak, and sales volumes over the past three months are down 19% from a year ago.

Updated 3 hours ago

Rule Changes

Expects no further hikes once cooling data arrives by November

The Reserve Bank of Australia raised its cash rate to 4.60 percent on September 29, the highest in 15 years. The quarter-point increase adds about $91 a month to repayments on a typical $600,000 mortgage.

Updated Yesterday