RBA Cash Rate September 2022: From Trough to Peak: How Bad Is Today’s Market?
The Property Couch
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The Housing Market Is Getting Worse and Worsening
Through the year, through the year, our growth rates have decelerated from 13 point five % in the sepent september quarter 20 21 to only two % in the current quartr. The weakness in this quarterly result is being driven by a fall in spending on buildings and structures,. Spending on machinery and equipment rose by two point one over the same period. Now businesss will continue to monor the monitor the economy and respond to new trends as the economy starts to slow. This is whether the r b a is still playing a vital role, firstly, in turning the tap off, and then helping turning the tap back on once the confidence has returned.
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