Reserve Bank of Australia

House prices are falling once again, but this time the central bank is raising rates

The assessment follows an inquiry by the Australian Securities and Investments Commission in June

The central bank chief did not reveal whether she will support an interest rate hike next week

Australia’s central bank kept the key interest rate unchanged at 4.35% in August

The country’s government is under increasing pressure to tackle the affordability of homes

The country’s sluggish productivity for over a decade has lowered the economy’s potential growth rate

Monthly CPI rises 1% from June, exceeding forecasts of a 0.8% increase

The central bank has warned further policy tightening cannot be ruled out

The US dollar tends to lag when growth is looking solid elsewhere in the world, says an expert