4min chapter

Australian Politics cover image

Saul Eslake on falling inflation and when interest rates might finally come down

Australian Politics

CHAPTER

Understanding Inflation: The Impact of Demand and Supply on Housing Costs

This chapter explores the interplay between supply and demand in the Australian economy, emphasizing how imbalances contribute to inflation. It examines the impact of the COVID-19 pandemic on demand and the Reserve Bank's response through interest rate adjustments amidst ongoing housing market challenges.

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